“On the Determination of the Public Debt”

E930431

“On the Determination of the Public Debt” is a seminal economic paper that analyzes how government borrowing decisions affect intergenerational distribution, fiscal policy, and the sustainability of public debt.

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On the Determination of the Public Debt 0

Statements (44)

Predicate Object
instanceOf academic paper
economics paper
public finance paper
addresses burden of public debt on future taxpayers
conditions under which debt can be rolled over indefinitely
how current borrowing constrains future fiscal choices
role of expectations in debt sustainability
aimsTo clarify principles guiding government borrowing decisions
provide criteria for sustainable fiscal policy
analyzes constraints on government solvency
how borrowing decisions affect intergenerational equity
long‑run implications of fiscal policy
trade‑offs between taxation and borrowing
contributesTo analysis of intergenerational fiscal incidence
frameworks for evaluating fiscal sustainability
theory of public debt
describedAs seminal paper in public debt theory
discusses criteria for optimal public debt levels
distributional effects of debt‑financed spending
policy rules for responsible borrowing
relationship between growth and debt sustainability
role of interest rates in debt dynamics
field economics
macroeconomics
public finance
focusesOn conditions for sustainable public debt
effects of government borrowing on future generations
intertemporal budget constraints of the government
welfare implications of public debt
hasInfluenceOn macroeconomic models of government solvency
modern public debt management theory
policy debates on debt limits
intendedAudience economists
fiscal policy makers
language English
mainTopic debt sustainability
fiscal policy
government borrowing
intergenerational distribution
public debt
typeOfWork theoretical analysis
usesConcept intergenerational welfare comparison
intertemporal government budget constraint
present value of future primary surpluses

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Robert J. Barro hasNotableWork “On the Determination of the Public Debt”