Government borrowing using bonds with randomly determined returns: Welfare improving randomization in the context of deficit finance

A-Tier

Journal: Journal of Monetary Economics

Year: 1998

Volume: 41

Issue: 2

Pages: 351-370

Authors (2)

Smith, Bruce D. Villamil, Anne P. (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count