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A Monetary Analysis of Public Debt

  • M. L. Burstein

Abstract

Sections 5.1 and 5.2 pivot on the criterion for the optimum quantity of public debt, generalizing that for the optimum quantity of money — see Friedman (1969). The study is at the juncture of monetary and fiscal theory.

Keywords

Interest Rate Central Banking Public Debt Financial Asset Government Debt 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© M. L. Burstein 1991

Authors and Affiliations

  • M. L. Burstein
    • 1
  1. 1.York UniversityCanada

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