by Summary:
NZZ, February 1, 2021. PDF. (Title changed by NZZ.) Do negative interest rates render government debt costless? No. What about r
Topics:
Dirk Niepelt considers the following as important: Budget constraint, Contributions, Dynamic efficiency, Government debt, growth, Interest Rate, Olivier Blanchard, Switzerland
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NZZ, February 1, 2021. PDF. (Title changed by NZZ.) Do negative interest rates render government debt costless? No. What about r
Topics:
Dirk Niepelt considers the following as important: Budget constraint, Contributions, Dynamic efficiency, Government debt, growth, Interest Rate, Olivier Blanchard, Switzerland
This could be interesting, too:
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NZZ, February 1, 2021. PDF. (Title changed by NZZ.)
Do negative interest rates render government debt costless? No. What about r<g? I discuss Olivier Blanchard’s presidential address and the conclusions that columnists have drawn.
For background: See this post.