(Society for Industrial and Applied Mathematics) Large government debt negatively impacts long-term economic growth and the debt-to-gross domestic product (GDP) ratio is an important indicator of a country's financial leverage. In a paper publishing next week in the SIAM Journal on Control and Optimization, financial mathematician Giorgio Ferrari proposes a mathematical model that helps optimize and control the debt-to-GDP ratio.
from EurekAlert! - Social and Behavioral Science https://ift.tt/2kRR9kG
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