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~institution:"National Bureau of Economic Research"
~person:"Güth, Werner"
~person:"Schoenle, Raphael"
~person:"Sliwka, Dirk"
~person:"Ventura, Jaume"
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Schoenle, Raphael
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1
Big G
Cox, Lydia
-
2020
impact inflation, little
crowding
out
of private expenditure exists, and the multiplier tends to be larger compared to a one …
Persistent link: https://www.econbiz.de/10012481991
Saved in:
2
Debt into Growth : How Sovereign Debt Accelerated the First Industrial Revolution
Ventura, Jaume
-
2015
Why did the country that borrowed the most industrialize first? Earlier research has viewed the explosion of debt in 18th century Britain as either detrimental, or as neutral for economic growth. In this paper, we argue instead that Britain's borrowing boom was beneficial. The massive issuance...
Persistent link: https://www.econbiz.de/10012457387
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3
Sovereign Debt Markets in Turbulent Times : Creditor Discrimination and
Crowding-Out
Effects
Broner, Fernando
-
2013
key ingredients: creditor discrimination and
crowding-out
effects. Creditor discrimination arises because, in turbulent … for domestic purchases of debt.
Crowding-out
effects arise because private borrowing is limited by financial frictions … growth and welfare, and may lead to self-fulfilling crises. It also shows how
crowding-out
effects can be transmitted to …
Persistent link: https://www.econbiz.de/10012458985
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