This paper analyzes the effects of public debt on endogenous growth in an overlapping generations model. The government fixes the budget deficit ratio. If the deficit ratio stays below a critical level, then there are two steady states where capital, output, and public debt grow at the same constant rate. An increase in the deficit ratio reduces the growth rate. If the deficit ratio exceeds the critical level, then there is no steady state. Capital growth declines continuously, and capital is driven down to zero in finite time. Copyright 2005 Blackwell Publishing Inc..

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This paper summarizes the main results of a survey, which we conducted in May 2000 among German-speaking economists about their views on economics publications. Our results indicate that the world market for economics publications is not fully integrated across countries, but it appears to be at least partially segmented. Economics journals published in German-speaking countries appear to be relatively important for the work of German-speaking economists even though other journals have a better reputation among them. And although internationally reputed journals enjoy the highest reputation among Germanspeaking economists, domestic economic journals enjoy a higher reputation than would be justified according to international citation-based rankings. Especially older German-speaking economists tend to attach relatively high importance and reputation to domestic journals, while younger economists tend to favour international journals that focus on certain subfields of economics.

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