Debt Revenue in General Equilibrium
The author proposes an infinite rollover scheme in an economy with multiple bonds, demonstrating that deficit-financed fiscal stimulus is sustainable irrespective of the economic growth rate.
Featured in No. 95 on 30 Apr 2025 · 4 days after release
- Released
- 26 Apr 2025
- First featured
- No. 95 · 30 Apr 2025
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- SSRN 5231455
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