accumulation of foreign debt) and another for the budget deficit which includes all possible modes of financing. …

conduct of Australian fiscal policy been consistent with the government's intertemporal budget constraint? Second, have there …

, together with drastic budgetary cuts aiming at curbing public debt to maintain sustainability. Finally, the paper tries to …

worsen unless necessary fiscal reform and other policy measures (especially reform of public-debt management) are introduced. …

debt or tax (seigniorage) finance has no substantial effect on inflation. This paper tests this hypothesis for Korea by … estimating a reduced-form relation between inflation, the monetary base, and central bank debt. The empirical evidence suggests … that central bank debt carrying information on the expected future path of monetary policy has additional explanatory power …

This paper provides a novel way for instructors to teach about the perils of a large National Debt, which is currently … and reflection, how to utilize the balloons to help students understand three different debt scenarios, and a series of …