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Optimal debt, endogenous fertility, and human capital externalities in a model with altruistic bequests

✍ Scribed by Jie Zhang


Book ID
114095277
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
76 KB
Volume
87
Category
Article
ISSN
0047-2727

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The Optimal Level of Debt in an OLG Mode
✍ Luca Spataro; Luciano Fanti πŸ“‚ Article πŸ“… 2011 πŸ› John Wiley and Sons 🌐 English βš– 259 KB

## Abstract In the present work we extend Diamond’s OLG model by allowing for endogenous fertility and look at the consequences of such an extension on the rules for optimal public debt issuing. In particular, we show that the condition according to which the rate of growth of population should be