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The optimum quantity of debt
S. Rao Aiyagari,
Ellen R. McGrattan
Economics (Twin Cities)
Research output
:
Contribution to journal
›
Article
›
peer-review
196
Scopus citations
Overview
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Keyphrases
Government Debt
100%
Borrowing Constraints
66%
Loosening
33%
Welfare Gains
33%
Liquidity
33%
High Interest Rate
33%
US Economy
33%
Wealth Distribution
33%
Cost-benefit Trade-off
33%
Incentive Effect
33%
Per Capita Consumption
33%
Saving Behavior
33%
Distribution Effect
33%
Precautionary Saving Motive
33%
Economics, Econometrics and Finance
Consumption Smoothing
100%