| Author: | Siebert, H. |
| Title: | Foreign debt and capital accumulation. |
| Journal: | Weltwirtschaftliches Archiv
1987 : VOL. 123:4, p. 618-630 |
| Index terms: | FOREIGN DEBTS MACROECONOMICS ECONOMETRIC MODELS |
| Language: | eng |
| Abstract: | In this paper the case of foreign borowing will be compared with a scenario in which the country accumulates capital by postponing consumption. The optimal level of foreign debt on the time profile of consumption of the debtor country is also pointed out. |
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