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The optimum quantity of debt
S. Rao Aiyagari,
Ellen R. McGrattan
Economics (Twin Cities)
Research output
:
Contribution to journal
›
Article
›
peer-review
179
Scopus citations
Overview
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Business & Economics
Government Debt
100%
Debt
83%
Borrowing Constraints
74%
Interest Rates
41%
Consumption Smoothing
38%
Precautionary Saving
37%
Household Saving
36%
Wealth Distribution
35%
Saving Behavior
35%
Incentive Effect
34%
Crowd-out
34%
Welfare Gains
31%
Cost-benefit
30%
US Economy
28%
Liquidity
23%
Trade-offs
21%
Tax
18%
Household
18%
United States of America
11%
Costs
11%