Blanchard - Yaari Model
You will find attached to this site (see button Files below) a short presentation about the Blanchard-Yaari Model (authors: Andrew and Jens). We have covered this model in Problem Set 3. The reference to the original article is: Blanchard, Olivier (1985), Debt, Deficits and Finite Horizons, Journal of Political Economy.
Feel free to post questions and/or start a discussion!
page revision: 6, last edited: 20 Nov 2009 20:01