Matches in SemOpenAlex for { <https://semopenalex.org/work/W208414894> ?p ?o ?g. }
Showing items 1 to 92 of
92
with 100 items per page.
- W208414894 endingPage "686" @default.
- W208414894 startingPage "661" @default.
- W208414894 abstract "This paper examines theoretical models that underpin studies on “sustainability of budget deficits”, which have been drawing interest in recent years, and also explains methods of empirical tests. The paper starts with a discussion on the intertemporal government budget constraint in a certainty model and then expands the discussion to under uncertainty. Under uncertainty, the issue of whether or not Ponzi schemes are feasible in a dynamically efficient economy is theoretically important. When the economy is dynamically efficient in the “strict” sense, Ponzi schemes are infeasible. Although it is possible for the risk-free interest rate to be lower than the economic growth rate on average under sufficient uncertainty, it is important to ensure that Ponzi schemes are infeasible even in such a case. Empirical research on fiscal sustainability started with a study by Hamilton and Flavin, which sought to examine whether the present value borrowing constraint is satisfied. Later, the premise of their analysis (stationarity of primary surplus) was disputed by Wilcox and by Trehan and Walsh, and different tests were proposed. In addition, Bohn proposed another test from a different perspective. This paper explains those methods and points out their problems." @default.
- W208414894 created "2016-06-24" @default.
- W208414894 creator A5040572073 @default.
- W208414894 date "2013-01-01" @default.
- W208414894 modified "2023-09-23" @default.
- W208414894 title "Sustainability of Budget Deficits" @default.
- W208414894 cites W2031071533 @default.
- W208414894 cites W2119143694 @default.
- W208414894 cites W2162937447 @default.
- W208414894 cites W2243719641 @default.
- W208414894 cites W2276119701 @default.
- W208414894 cites W3121424151 @default.
- W208414894 cites W3122534042 @default.
- W208414894 cites W3123235982 @default.
- W208414894 cites W3123247991 @default.
- W208414894 cites W3123720468 @default.
- W208414894 cites W3125018997 @default.
- W208414894 cites W1999678062 @default.
- W208414894 hasPublicationYear "2013" @default.
- W208414894 type Work @default.
- W208414894 sameAs 208414894 @default.
- W208414894 citedByCount "1" @default.
- W208414894 countsByYear W2084148942013 @default.
- W208414894 crossrefType "posted-content" @default.
- W208414894 hasAuthorship W208414894A5040572073 @default.
- W208414894 hasConcept C105795698 @default.
- W208414894 hasConcept C120936955 @default.
- W208414894 hasConcept C138885662 @default.
- W208414894 hasConcept C139719470 @default.
- W208414894 hasConcept C149782125 @default.
- W208414894 hasConcept C162324750 @default.
- W208414894 hasConcept C175444787 @default.
- W208414894 hasConcept C18903297 @default.
- W208414894 hasConcept C2524010 @default.
- W208414894 hasConcept C2776036281 @default.
- W208414894 hasConcept C2777711530 @default.
- W208414894 hasConcept C2778023277 @default.
- W208414894 hasConcept C33923547 @default.
- W208414894 hasConcept C41895202 @default.
- W208414894 hasConcept C524878704 @default.
- W208414894 hasConcept C66204764 @default.
- W208414894 hasConcept C8505890 @default.
- W208414894 hasConcept C86803240 @default.
- W208414894 hasConceptScore W208414894C105795698 @default.
- W208414894 hasConceptScore W208414894C120936955 @default.
- W208414894 hasConceptScore W208414894C138885662 @default.
- W208414894 hasConceptScore W208414894C139719470 @default.
- W208414894 hasConceptScore W208414894C149782125 @default.
- W208414894 hasConceptScore W208414894C162324750 @default.
- W208414894 hasConceptScore W208414894C175444787 @default.
- W208414894 hasConceptScore W208414894C18903297 @default.
- W208414894 hasConceptScore W208414894C2524010 @default.
- W208414894 hasConceptScore W208414894C2776036281 @default.
- W208414894 hasConceptScore W208414894C2777711530 @default.
- W208414894 hasConceptScore W208414894C2778023277 @default.
- W208414894 hasConceptScore W208414894C33923547 @default.
- W208414894 hasConceptScore W208414894C41895202 @default.
- W208414894 hasConceptScore W208414894C524878704 @default.
- W208414894 hasConceptScore W208414894C66204764 @default.
- W208414894 hasConceptScore W208414894C8505890 @default.
- W208414894 hasConceptScore W208414894C86803240 @default.
- W208414894 hasIssue "4" @default.
- W208414894 hasLocation W2084148941 @default.
- W208414894 hasOpenAccess W208414894 @default.
- W208414894 hasPrimaryLocation W2084148941 @default.
- W208414894 hasRelatedWork W1529778249 @default.
- W208414894 hasRelatedWork W1598458333 @default.
- W208414894 hasRelatedWork W1639649376 @default.
- W208414894 hasRelatedWork W1981194815 @default.
- W208414894 hasRelatedWork W1999993522 @default.
- W208414894 hasRelatedWork W2049087873 @default.
- W208414894 hasRelatedWork W2050776133 @default.
- W208414894 hasRelatedWork W2056539522 @default.
- W208414894 hasRelatedWork W2062019803 @default.
- W208414894 hasRelatedWork W2071804153 @default.
- W208414894 hasRelatedWork W2072987365 @default.
- W208414894 hasRelatedWork W2081620874 @default.
- W208414894 hasRelatedWork W2110846777 @default.
- W208414894 hasRelatedWork W2130069642 @default.
- W208414894 hasRelatedWork W2262735348 @default.
- W208414894 hasRelatedWork W2508237905 @default.
- W208414894 hasRelatedWork W3123328605 @default.
- W208414894 hasRelatedWork W3123497309 @default.
- W208414894 hasRelatedWork W3125170990 @default.
- W208414894 hasRelatedWork W3150386403 @default.
- W208414894 hasVolume "9" @default.
- W208414894 isParatext "false" @default.
- W208414894 isRetracted "false" @default.
- W208414894 magId "208414894" @default.
- W208414894 workType "article" @default.