What is the economic interpretation of the intertemporal budget constraint in equation (18.6)? Does this interpretation apply

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What is the economic interpretation of the intertemporal budget constraint in equation (18.6)? Does this interpretation apply to the primary budget deficit or the total deficit? Why?

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:38 AM

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What is the economic interpretation of the intertemporal budget constraint in equation (18.6)? Does this interpretation apply

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Macroeconomics

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