Results 91 to 100 of about 253,648 (336)
Sustainability of public debt: Some theoretical considerations [PDF]
This paper elaborates on the relationship between sustainability of public debt and the debt to GDP ratio in case the interest rate on public debt exceeds the growth rate of GDP. When the primary surplus relative to GDP positively reacts to a higher debt
Alfred Greiner
core
Negative interest rate policy and bank risk‐taking: Search for yield or de‐leverage?
Abstract Since 2012, many central banks have implemented negative interest rate policies (NIRPs). While two opposing hypotheses about the effectiveness of NIRPs have emerged in the academic: the “de‐leverage effect” and the “search‐for‐yield effect.” The long‐term use of NIRPs provides a rare and important setting to re‐examine the relationship between
Wenjin Tang+3 more
wiley +1 more source
Fiscal Policy and Public Debt Dynamics in Italy [PDF]
We examine the historical dynamics of government debt in Post-Unification Italy, from 1861 to 2009. Unit root tests for the debt-GDP ratio are unable to reject either the non stationarity or the stationarity null hypothesis. Controlling debt dynamics for
Piergallini, Alessandro+1 more
core +1 more source
Reputational risk and target selection: An evidence from China
Abstract Do bidders with pre‐deal lower (higher) reputational risk select targets with lower (higher) reputational risk in the existing and new markets? Past research on the role of reputation suggests that reputable firms make conservative investment decisions to maintain their reputation.
Tanveer Hussain+2 more
wiley +1 more source
The sustainability of public debt in Romania in economic and financial crisis
Public finances are key driver in the EU for economic recovery as the debth of the recession and credit constraints require fiscal policy action. This paper emphasis the needed review of public debt and its role in economic development as a particular ...
Marian Dobranschi
doaj +1 more source
Does Euro Area Membership Affect the Relation between GDP Growth and Public Debt?
We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by distinguishing between periods of sustainable and non-sustainable debt.
Christian Dreger, Hans-Eggert Reimers
semanticscholar +1 more source
The dynamics of Italian public debt: Alternative paths for fiscal consolidation [PDF]
This paper analyses possible targets for the Italian debt-to-GDP ratio with a small macroeconomic model. The role of international macroeconomic variables such as the US GDP growth, prices of raw materials, EUR/USD exchange rate, and ECB monetary policy ...
Casadio, Paolo+2 more
core +1 more source
The impact of new millennium crises on the power of Islamic banks in deposit markets
Abstract We investigate the impact of three crises on the power of Islamic banks in deposit markets: the Global Financial Crisis, 2007–2009 (GFC), the Arab Spring political crisis, 2011–2013, and the COVID‐19 health crisis, 2020–2022. Applying difference‐in‐difference (DID) and GMM techniques to panel data for 2004–2022, we find that the power of ...
Maryam Alhalboni, Kenneth Baldwin
wiley +1 more source
Talking to Voters about the ‘Everyday Economy’
Abstract The everyday economy approach has influenced key members of Labour's economic team, notably Rachel Reeves. One potential benefit of the everyday economy approach is that it advocates changing how voters perceive the economy by making it connect to social and environmental goals.
Anna Killick
wiley +1 more source
External Sovereign Debt in a Monetary Union: Bailouts and the Role of Corruption [PDF]
We build a tractable stylized model of external sovereign debt and endogenous international interest rates. In corrupt economies with rent-seeking groups stealing public resources, a politico-economic equilibrium is characterized by permanent fiscal ...
Carolina Achury+2 more
core +3 more sources