Investment Cycles and Sovereign Debt Overhang
收藏数据链接:
官方服务:
资源简介:
We characterize optimal taxation of foreign capital and optimal sovereign debt policy in a small open economy where the government cannot commit to policy and seeks to insure a risk averse domestic constituency. The expected tax on capital is shown to vary with the state of the economy, generating
提供机构:
美国国家经济研究局创建时间:
2007-08-01



