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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Bibliographic Details
Main Author: R. De Luca
Format: Article
Language:Portuguese
Published: Sociedade Brasileira de Física
Series:Revista Brasileira de Ensino de Física
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1806-11172012000400007&lng=en&tlng=en