La répression financière est-elle la solution pour « liquider » la dette publique dans la zone euro ?

The recent rise of the public debt limits governments’ room for manoeuvre in terms of economic policy and it seems urgent to try to slow down its progression. This paper shows that even if financial repression appears as an appealing solution for the so called peripheral countries of the euro area, it is not without creating concerns from a macro-financial point of view.

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Year of publication:	2013-01-14
Authors:	Drut, Bastien
Institutions:	Centre Emile Bernheim, Solvay Brussels School of Economics and Management

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Extent:	application/pdf
Series:	Working Papers CEB.
Type of publication:	Book / Working Paper
Notes:	Published by: The text is part of a series Working Papers CEB Number 13-003
Classification:	E40 - Money and Interest Rates. General ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E60 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook. General ; G10 - General Financial Markets. General ; H60 - National Budget, Deficit, and Debt. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010968987