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Trills Instead of T-Bills: It's Time to Replace Part of Government Debt with Shares in GDP
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Mark J Kamstra
Veröffentlicht/Copyright:
17. September 2010
At a time of public concern about rising national debt, we should consider adapting simple lessons from corporate finance to government finance. Mark J. Kamstra of York University and Robert J. Shiller of Yale University conclude that government financing tools should include a form of equity: shares in GDP.
Published Online: 2010-9-17
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Column
- Pension Security Bonds: A New Plan to Address the State Pension Crisis
- Reducing Future Deficits While Stimulating Today's Economy
- Carbon Taxes to Move Toward Fiscal Sustainability
- Net Neutrality Is Bad Broadband Regulation
- Trills Instead of T-Bills: It's Time to Replace Part of Government Debt with Shares in GDP
- Is Today's Unemployment Structural?
