Numerical Simulation of Non-cooperative and Cooperative Equilibrium Solutions for a Stochastic Government Debt Stabilization Game
Sign Up to like & getrecommendations! Published in 2021 at "Computational Economics"
DOI: 10.1007/s10614-021-10109-6
Abstract: In this article, we consider the impact uncertainty has on policies and realization of targets aimed at the stabilization of government debt. The problem is motivated by the fact that in many countries revenues are… read more here.
Keywords: debt; problem; government debt; government ... See more keywords
Effects of debt mutualization in a monetary union with endogenous risk premia : Can Eurobonds contribute to debt stabilization?
Sign Up to like & getrecommendations! Published in 2017 at "Structural Change and Economic Dynamics"
DOI: 10.1016/j.strueco.2017.11.004
Abstract: This paper analyses debt stabilization in a monetary union that features endogenous risk premia. In particular, debt stabilization in two diametrically opposed regimes is compared. In the first regime, the “national fiscal discipline regime”, financial… read more here.
Keywords: risk; debt stabilization; risk premia; monetary union ... See more keywords