a very different view on fiscal policy: in order to cope with the next economic crisis, resulting from the coronavirus … models that made up NCM, fiscal policy played no role – or, to be more precise, fiscal policy had to follow a balanced … of 90% of GDP as a threshold level for public debt which, if exceeded, would harm economic growth, leaving fiscal …

This paper shows that important insights for fiscal policy can be derived from Joseph Schumpeter's academic work. This … role in economic development. For fiscal policy, this results in the model of the "entrepreneurial state" (Mazzucato) as an …

This paper shows that important insights for fiscal policy can be derived from Joseph Schumpeter's academic work. This … role in economic development. For fiscal policy, this results in the model of the "entrepreneurial state" (Mazzucato) as an …

We study the dynamic relationship between the public debt ratio and the real interest rate. By means of a macroeconomic … the role of monetary policy, fiscal policy and risk premium in affecting the stability of the debt ratio and the existence …

a very different view on fiscal policy: in order to cope with the next economic crisis, resulting from the coronavirus … models that made up NCM, fiscal policy played no role - or, to be more precise, fiscal policy had to follow a balanced … of 90% of GDP as a threshold level for public debt which, if exceeded, would harm economic growth, leaving fiscal …

providing a new perspective for the interaction of public debt and GDP. The fiscal policy method we propose vanishes the dilemma … debt. Finally, we stress why the second relation is important for the implementation of fiscal policy, as its presence … investments due to sovereign debt. We build a new method for the implementation of fiscal policy, a feedback control of the …