Debt, Deficit and Economic Performance

Front Matter....Pages I-2
Front Matter....Pages 1-1
Debts and Deficits in Alternative Macroeconomic Models....Pages 5-129
The Debt Money Ratio: What Are the Limits?....Pages 131-150
Government Spending and National Saving....Pages 151-167
Finite Horizons, Infinite Horizons, and Stock Prices....Pages 169-191
Front Matter....Pages 193-193
The Effects of Industrial Country Fiscal Policies on Developing Countries in the 1980s....Pages 195-231
The Effect of the Tax System on the Impact of Government Debt....Pages 233-239
Alternative Tax Systems and Structural Change....Pages 241-266
Staggered Wage Setting and the International Transmission of Policy Announcement Effects....Pages 267-290
Consumption, Uncertainty and Ricardian Equivalence....Pages 291-318
The Burden of Government Debt in an Almost Small Open Economy....Pages 319-337
Front Matter....Pages 339-339
The Government Budget and the Italian Economy During the 1970s and 1980s: Causes of the Debt, Strategy for Recovery, and Prospects for Restructuring....Pages 341-404
Public Sector Debt and Deficits in Greece: The Experience of the 1980s and Future Prospects....Pages 405-440
Debts and Deficits in Australia....Pages 441-481
Back Matter....Pages 482-486