New journal article: Growth-Maximizing Public Debt under Changing Demographics

CBS, Department of Economics by Professor Svend E Hougaard Jensen and colleagues have worked out a journal article in Macroeconomic Dynamics. The journal article Growth-Maximizing Public Debt under Changing Demographics develops an overlapping-generations model to study the growth-maximizing level of public debt under conditions of demograhic change.

You can read the full article here Growth-Maximizing Public Debt under Changing Demographics