Understanding public debt dynamics
A brief account on the dynamics of public debt is given with the intent of explaining to high school students this crucial aspect in today's economic crisis. A simple model is proposed to argue that only for high enough values of an assumed constant rate ρ of increase of taxable resources there...
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Format: | Article |
Language: | Portuguese |
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Sociedade Brasileira de Física
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Series: | Revista Brasileira de Ensino de Física |
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Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1806-11172012000400007&lng=en&tlng=en |