"Applied Macroeconomics for Public Policy provides a delightful guide to understanding the dynamics of public debt and the mechanisms of its control. Combined with an engineering view and software examples it is a very useful handbook for anyone entering or working in this area." --Dimitri Blüschke, Alpen-Adria-Universitat Klagenfurt "Applied Macroeconomics for Public Policy successfully fills an underexplored niche in government policy analysis. By utilizing both continuous and discrete time optimal control models, the authors integrate theory and data within a refreshingly pragmatic approach that is highly effective in evaluating current fiscal policy approaches to debt management. The book stays focused on using the empirical macroeconomic techniques that are directly useful for judging historical and proposed fiscal policy, and the methodology is captivatingly interesting." --David Hudgins, Texas A&M University