You are here
ECONOMIC IMPLICATIONS OF GOVERNMENT DEBT AND DEFICITS: DEBT NEUTRALITY OR CROWDING OUT?
- Date Issued:
- 1987
- Summary:
- The economic implications of federal government debt and deficits have been the source of much debate in the past, and will continue to be for many years to come. Economists are far from agreement with respect to the effects that government borrowing has on the economy. Two major schools of thought have emerged which arrive at seemingly contrary conclusions. One school of thought contends that government bonds are perceived as net wealth by the public, and that government borrowing crowds out private investment, while the other school of thought arrives at precisely the opposite conclusions. An empirical investigation was used to test the validity of the conclusions of these schools of thought.
Title: | ECONOMIC IMPLICATIONS OF GOVERNMENT DEBT AND DEFICITS: DEBT NEUTRALITY OR CROWDING OUT?. |
61 views
28 downloads |
---|---|---|
Name(s): |
BROSNAHAN, GARY W. Florida Atlantic University, Degree grantor Manage, Neela D., Thesis advisor College of Business Department of Economics |
|
Type of Resource: | text | |
Genre: | Electronic Thesis Or Dissertation | |
Issuance: | monographic | |
Date Issued: | 1987 | |
Publisher: | Florida Atlantic University | |
Place of Publication: | Boca Raton, Fla. | |
Physical Form: | application/pdf | |
Extent: | 82 p. | |
Language(s): | English | |
Summary: | The economic implications of federal government debt and deficits have been the source of much debate in the past, and will continue to be for many years to come. Economists are far from agreement with respect to the effects that government borrowing has on the economy. Two major schools of thought have emerged which arrive at seemingly contrary conclusions. One school of thought contends that government bonds are perceived as net wealth by the public, and that government borrowing crowds out private investment, while the other school of thought arrives at precisely the opposite conclusions. An empirical investigation was used to test the validity of the conclusions of these schools of thought. | |
Identifier: | 14383 (digitool), FADT14383 (IID), fau:11186 (fedora) | |
Collection: | FAU Electronic Theses and Dissertations Collection | |
Note(s): |
College of Business Thesis (M.A.)--Florida Atlantic University, 1987. |
|
Subject(s): |
Debts, Public Budget deficits |
|
Held by: | Florida Atlantic University Libraries | |
Persistent Link to This Record: | http://purl.flvc.org/fcla/dt/14383 | |
Sublocation: | Digital Library | |
Use and Reproduction: | Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
Use and Reproduction: | http://rightsstatements.org/vocab/InC/1.0/ | |
Host Institution: | FAU | |
Is Part of Series: | Florida Atlantic University Digital Library Collections. |