内容

目次

Part 1 Theoretical developments: debt and deficits in alternativemacroeconomic models, Robert Mundell; the debt money ratio - what arethe limits?, Alvaro Rodriguez; government spending and national saving,John McCallum; finite horizons, infinite horizons and stock prices,Paul Evans. Part 2 International empirical evidence: the effects ofindustrial country fiscal policies on developing countries in the1980s, Paul R. Masson and John F. Helliwell; the effects of the taxsystem on the impact of government debt, William Vickrey; alternativetax systems ad structural change, Margherita Carlucci et al; staggeredwage setting and the international transmission of policy announcementeffects, Steve Ambler; consumption, uncertainty and Ricardianequivalence, Jagdish Handa; the burden of government debt in an almostsmall open country, David F. Burgess. Part 3 The experience of selectedcountries: government budget and the Italian economy through the 1970sand 1980s, Mario Baldassarri and M.Gabriella Briotti; public sectordebt and deficit in Greece, Yannis Stournaras; debt and deficits inAustralia, Larry Sjaastad.