2 papers
econ.GN2025
Explicit Solution to a government debt reduction problem: a stochastic control approach
Claudia Ceci, Luca Semerari
We analyze the problem of optimal reduction of the debt-to-GDP ratio in a stochastic control setting. The debt-to-GDP dynamics are modeled through a stochastic differential equatio…
econ.GN2021
A Stochastic Control Approach to Public Debt Management
Matteo Brachetta, Claudia Ceci
We discuss a class of debt management problems in a stochastic environment model. We propose a model for the debt-to-GDP (Gross Domestic Product) ratio where the government interve…