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The Solow Model of a Two-Country World

  • Michael Bräuninger
Chapter
  • 133 Downloads
Part of the Contributions to Economics book series (CE)

Abstract

In this chapter we will explore the cross country effects of public debt. The basic assumptions are that the production structure is again of AK type and that households save a constant fraction of their disposable income. The basic model, without public debt, is presented in Carlberg (1997).

Keywords

Public Debt Budget Deficit Capital Growth Foreign Asset Foreign Debt 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2003

Authors and Affiliations

  • Michael Bräuninger
    • 1
  1. 1.Institut für Theoretische VolkswirtschaftslehreUniversität der Bundeswehr HamburgHamburgGermany

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