Investissement public et effets non linéaires des déficits budgétaires

We propose a simple growth model in which the influence of fiscal deficits on public investment depends upon the ratio between public debt and GDP. When the public debt ratio is small, raising fiscal deficits yields positive effects, since public consumption may negatively adjust to the extra debt b...

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Bibliographic details
Volume: 75
Main Author: Minea, Alexandru
Villieu, Patrick
Format: Journal Article
Language: English
Place of publication: De Boeck Université 2009
published in: Recherches économiques de Louvain Vol. 75; no. 3; pp. 281 - 311
Data of publication: 2009
Series: Recherches économiques de Louvain
Subjects:
Online Access: available in Bonn?
Database: RePEc
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