Nautet, M.; Meensel, L. Van - In: Economic Review (2011) II, pp. 7-19
debt on economic activity and inflation is examined. That impact appears to be very heavily dependent on the circumstances …Following the financial and economic crisis, there was a marked increase in the public debt of the euro area countries …, the United States, the United Kingdom and Japan. In addition, without a change of policy, the public debt of those …