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trends regarding public debt and external debt. Conceptually and practically analyzing the evolution of indicators, there are …
Persistent link: https://www.econbiz.de/10010734627
Persistent link: https://www.econbiz.de/10005474697
This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in … and floods have a negative effect on growth, and that debt increases with floods but not with storms. However, in a … subsample I find that storms significantly increase debt in the short and long run. I also find weak evidence that debt relief …
Persistent link: https://www.econbiz.de/10011142127
This paper re-examines the stock-flow discrepancies of government debt and deficits and correlation with fiscal …
Persistent link: https://www.econbiz.de/10011142141
This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve under Abenomics. Results from a panel regression analysis for major advanced economies shows that long-term government bond yields in Japan are determined to a large extent by...
Persistent link: https://www.econbiz.de/10011142198
simulations to determine the path of public debt given the current expected consolidation. Our simulations suggest that despite … strong austerity measures, not all countries would be able to reach the 60% debt-to-GDP. If fiscal multipliers vary along the … not only that delaying austerity would improve growth perspectives and would not be incompatible with public debt …
Persistent link: https://www.econbiz.de/10011158595
В статье представлены исследования сущности международного кредита, а также его функции и последствия. Приведены особенности формирования правительственных...
Persistent link: https://www.econbiz.de/10011234492
simulations to determine the path of public debt given the current expected consolidation. Our simulations suggest that despite … strong austerity measures, not all countries would be able to reach the 60% debt-to-GDP. If fiscal multipliers vary along the … not only that delaying austerity would improve growth perspectives and would not be incompatible with public debt …
Persistent link: https://www.econbiz.de/10010760323
supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4 …) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by …
Persistent link: https://www.econbiz.de/10010790425
Barbados' economy continued to grow, but macroeconomic imbalances worsened. Executive Directors observed that the imbalances are owed to a procyclical fiscal stance, and advised to tighten monetary policy and safeguard the fixed exchange rate regime as an anchor of macroeconomic stability. They...
Persistent link: https://www.econbiz.de/10010790445