000			02998nam a22005175i 4500
003			DE-He213
005			20151013141913.0
007			cr nn 008mamaa
008			141014s2015 gw | s |||| 0|eng d
020			_a9783319093482 _9978-3-319-09348-2
024	7		_a10.1007/978-3-319-09348-2 _2doi
050		4	_aHD72-88
072		7	_aKCG _2bicssc
072		7	_aBUS068000 _2bisacsh
082	0	4	_a338.9 _223
100	1		_aGreiner, Alfred. _eauthor.
245	1	0	_aPublic Debt, Sustainability and Economic Growth _h[electronic resource] : _bTheory and Empirics / _cby Alfred Greiner, Bettina Fincke.
260		1	_aCham : _bSpringer International Publishing : _bImprint: Springer, _c2015.
300			_aXVIII, 271 p. 59 illus., 3 illus. in color. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_aIntroduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.
520			_aPublic debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of public debt starting from the intertemporal budget constraint of the government. It is shown under which conditions a government can stick to the intertemporal budget constraint, and, then, demonstrated how public debt affects the growth process and welfare in market economies. The effects are derived for models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth.
650		0	_aEconomics.
650		0	_aDevelopment Economics.
650		0	_aEndogenous growth (Economics).
650		0	_aMacroeconomics.
650		0	_aFinance.
650	1	4	_aEconomics/Management Science.
650	2	4	_aEconomic Growth.
650	2	4	_aMacroeconomics/Monetary Economics.
650	2	4	_aDevelopment Economics.
650	2	4	_aPublic Finance & Economics.
650	2	4	_aEconomic Theory.
650	2	4	_aPolitical Economy.
700	1		_aFincke, Bettina. _eauthor.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783319093475
856	4	0	_uhttp://dx.doi.org/10.1007/978-3-319-09348-2
912			_aZDB-2-SBE
942			_2ddc _cEBOOK
999			_c3095 _d3095