Le retour optimal à la solvabilité d'une économie endettée

[eng] Optimal adjustment policies of a small open indebted economy : an introduction Optimal control of economies with external debt above its long run target level is studied and time-inconsistent and time-consistent optimal policies are derived successively. Every optimal policy entails initially large values of the domestic interest rate. [fre] Optimal adjustment policies of a small open indebted economy : an introduction Optimal control of economies with external debt above its long run target level is studied and time-inconsistent and time-consistent optimal policies are derived successively. Every optimal policy entails initially large values of the domestic interest rate

Debt · Economics · Economy · Exchange rate · Interest rate · Keynesian economics · Macroeconomics · Mathematical optimization · Monetary economics · Optimal control · Small open economy · Welfare economics · Economic theories and models · Economic Theory and Policy · Mathematics