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

Income Assure Nite Defend OECD 

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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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