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Record: oai:ARNO:127688

AuthorsS.J.G. van Wijnbergen, L. Deepak
TitleGovernment deficits, the real interest rate and Ldc debt
JournalEuropean Economic Review
Issue2 (Nov)
FacultyFaculty of Economics and Business
Institute/dept.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
KeywordsInvestments; Budget deficits; Wages
AbstractA paper on a study that used a three-regions model of global saving-investment balance to present a global crowding out interpretation of economic trends. Presents details of the growth of social expenditures and structural public sector deficit; Gives information on changes of the age pyramid, including discussion of real wage rigidity in industrial countries.
Document typeArticle
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