Note to Self: Trying and failing to gain conceptual clarity about and work my way through the algebra involved in a minor point in Blanchard's excellent and stimulating presidential address: Public Debt and Low Interest Rates: https://nbviewer.jupyter.org/github/braddelong/WS2019/blob/master/Thinking_About_Blanchard%27s_Presidential_Address....ipynb?flushcache=true...
UPDATE: And I may have some results, for the two-state-shock log-utility Diamond Overlapping-Generations model case: https://nbviewer.jupyter.org/github/braddelong/WS2019/blob/master/Two-State-Log-Utility-Blanchard_PA.ipynb?flushcache=true
#macro #economicsgoneright #fiscalpolicy #finance #notetoself
