Fiscal Policy in Dynamic Economies - Kim Heng (Nanyang Technological University Tan - Bog

By studying the international aspects of fiscal policy, the book establishes international differences in fiscal policy as determinants of persistent trade imbalances and international indebtedness. It also considers some basic questions on international transfers and austerity in open economies. This book based on the OLG model fills a gap on fiscal-policy issues in the recent spate of books on overlapping generations.