User:Nick Gardner/Public debt/Tutorials: Difference between revisions

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==Implications of the debt trap identity==
According to the debt trap identity, the annual increase in public dept as a percentage of GDP is given by:
:::::: Δd  =  f + d(r - g)
where f is the primary budget deficit as a percentage of GDP, and d is public debt as a percentage of GDP.
:''(for proof of the identity, see [[/Addendum|the addendum subpage]])''

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