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On the Determination of the Public Debt
Journal of Political Economy, 1979 A public debt theory is constructed in which the Ricardian invariance theorem is valid as a first-order proposition but where the dependence excess burden on the timing of taxation implies an optimal time path of debt issue. A central proposition is that
R. Barro
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Politics of evidence: Think tanks and the Academies Act
British Educational Research Journal, Volume 48, Issue 6, Page 1232-1253, December 2022., 2022 Abstract Previous research has identified political ideology as central in the landmark Academies Act (2010). This article further analyses how politics of evidence played its part in the policy process by focusing on long‐term structural changes and preferences among policymakers. The article draws on policymaker interviews after the reform, a mapping
Jaakko Kauko
wiley +1 more source
Corporate Financing Strategies in Normal and Crisis Conditions: Evidence from Tehran Stock Exchange [PDF]
Journal of Asset Management and Financing, 2020 Objective: This research investigates the financing strategies of companies under normal and the economic crisis conditions over the years 2003-2016. Method: The statistical population of this research consists of companies listed on the Tehran Stock ...
Saman Rahmani Noroozabad +3 more
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Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt
, 1992 While the benefits of bank financing are relatively well understood, the costs are not. This paper argues that while informed banks make flexible financial decisions which prevent a firm's projects from going awry, the cost of this credit is that banks ...
R. Rajan
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Debt resistance: Beyond or within capitalism? [PDF]
Filozofija i Društvo, 2016 The empirical cases of debt resistance show that the most coherent way of resisting debt consists mainly in debt cancelation or a jubilee. But is debt cancellation, even on a mass scale, a sufficient form of debt resistance or resistance should ...
Caraus Tamara
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, 1977 Debt and Taxes Author(s): Merton H. Miller Source: The Journal of Finance, Vol. 32, No. 2, Papers and Proceedings of the Thirty-Fifth Annual Meeting of the American Finance Association, Atlantic City, New Jersey, September 16-18, 1976 (May, 1977), pp ...
Merton H. Miller
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Global Waves of Debt: Causes and Consequences
, 2021 ADVANCE EDITION OF BOOK EXPECTED IN 2020. The global economy has experienced four waves of debt accumulation over the past fifty years. The first three debt waves ended with financial crises in many emerging and developing economies.
M. Kose +3 more
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“External Debt, Domestic Investment and Economic Growth in Cameroon” A system Estimation Approach [PDF]
, 2015 The feedback of external debt on economic growth through gross domestic investment has provided quite interesting results throughout the world especially in developing countries where external and internal borrowing have been a tradition.
FORGHA, Njimanted G. +2 more
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Frontiers in Medicine, 2022 IntroductionCost burden in health professions education is rising. To bridge the gap between growing tuition and stagnating wages, student loans are increasingly obtained to cover educational costs.
Patrick Webster, Sara E. North
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Debt, Deficits, and Finite Horizons
Journal of Political Economy, 1984 Many issues in macroeconomics, such as the level of the steady state interest rate, or the dynamic effects of government deficit finance, depend crucially on the horizon of economic agents.
O. Blanchard
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