Tekijä: | Siebert, H. |
Otsikko: | Foreign debt and capital accumulation. |
Lehti: | Weltwirtschaftliches Archiv
1987 : VOL. 123:4, p. 618-630 |
Asiasana: | FOREIGN DEBTS MACROECONOMICS ECONOMETRIC MODELS |
Kieli: | eng |
Tiivistelmä: | 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. |
SCIMA