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Government Ponzi games and the sustainability of public deficits under uncertainty

  • Published:1994-03 Issue:1 Volume:48 Page:1-22
  • ISSN:0035-5054
  • Container-title:Ricerche Economiche
  • language:en
  • Short-container-title:Ricerche Economiche

Author:

Bartolini Leonardo,Cottarelli Carlo

Publisher

Elsevier BV

Subject

Economics, Econometrics and Finance (miscellaneous)

Reference22 articles.

1. Assessing dynamic efficiency: theory and evidence;Abel;Review of Economic Studies,1989

2. Public confidence and debt management; a model and a case study of Italy;Alesina,1991

3. Dynamic efficiency and debt Ponzi games under uncertainty;Blanchard;NBER Working Paper No. 3992,1992

4. The sustainability of budget deficits in a stochastic economy;Bohn,1990

5. The sustainability of budget deficits with lump-sum and with income-based taxation;Bohn;Journal of Money, Credit and Banking,1991

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