Listagem FGV EPGE - Seminários de Pesquisa Econômica por Título "The marginal cost of funds from public sector borrowing"

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    • The marginal cost of funds from public sector borrowing 

      Dahlby, Bev
      2004-03-25
      An expression for the welfare cost of a marginal increase in the public debt is derived using a simple AK endogenous growth model. This measure of the marginal cost of public funds (MCF) can be interpreted as the marginal ...