Political Economy of Debt and Growth Appendix
نویسندگان
چکیده
In this Appendix we present additional results for our paper “Political Economy of Debt and Growth.”In Section 1 we (1) offer a discussion on the relationship to Battaglini and Coate [2008] framework; (2) discuss the relevance of our results for open economies; and (3) elaborate on how the model can be adopted for empirical analysis at high and medium frequencies. In Section 2 we present derivations and proofs of the claims made in the paper. In Section 3 we describe our data sources for the calibration. In Section 4 we develop a version of the model with no growth and quasi-linear preferences. Section 5 offers additional information about the robustness of our numerical results.
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