Debt, deficit and economic performance / edited by Mario Baldassarri, Robert Mundell, and John McCallum.

"[Published by St. Martin's Press] in association with Rivista di Politica Economica, SIPI, Rome."

Includes bibliographical references and index.

1. Debt and Deficits in Alternative Macroeconomic Models / Robert A. Mundell -- 2. The Debt Money Ratio: What are the Limits? / Alvaro Rodriguez -- 3. Government Spending and National Saving / John McCallum -- 4. Finite Horizons, Infinite Horizons, and Stock Prices / Paul Evans -- 5. The Effects of Industrial Country Fiscal Policies on Developing Countries in the 1980s / Paul R. Masson and John F. Helliwell -- 6. The Effect of the Tax System on the Impact of Government Debt / William Vickrey -- 7. Alternative Tax Systems and Structural Change / Margherita Carlucci, Martino Lo Cascio and Luigi Paganetto -- 8. Staggered Wage Setting and the International Transmission of Policy Announcement Effects / Steve Ambler -- 9. Consumption, Uncertainty and Ricardian Equivalence / Jagdish Handa -- 10. The Burden of Government Debt in an Almost Small Open Economy / David F. Burgess.

11. The Government Budget and the Italian Economy During the 1970s and 1980s: Causes of the Debt, Strategy for Recovery, and Prospects for Restructuring / Mario Baldassarri and M. Gabriella Briotti -- 12. Public Sector Debt and Deficit in Greece: The Experience of the 1980s and Future Prospects / Yannis A. Stournaras -- 13. Debts and Deficits in Australia / Larry Sjaastad.