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The Economists’ Voice

Ed. by Belke, Ansgar / Schnabl, Gunther

CiteScore 2017: 0.15

SCImago Journal Rank (SJR) 2017: 0.104
Source Normalized Impact per Paper (SNIP) 2017: 0.105

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Volume 7, Issue 3


Trills Instead of T-Bills: It's Time to Replace Part of Government Debt with Shares in GDP

Mark J Kamstra / Robert J. Shiller
Published Online: 2010-09-17 | DOI: https://doi.org/10.2202/1553-3832.1782

At a time of public concern about rising national debt, we should consider adapting simple lessons from corporate finance to government finance. Mark J. Kamstra of York University and Robert J. Shiller of Yale University conclude that government financing tools should include a form of equity: shares in GDP.

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Published Online: 2010-09-17

Citation Information: The Economists' Voice, Volume 7, Issue 3, ISSN (Online) 1553-3832, DOI: https://doi.org/10.2202/1553-3832.1782.

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