Results 41 to 50 of about 1,452,805 (356)
Over 60% of US households with credit cards are currently borrowing -- i.e., paying interest -- on those cards. We attempt to reconcile the high rate of credit card borrowing with observed levels of life cycle wealth accumulation. We simulate a lifecycle model with five properties that create demand for credit card borrowing.
David Laibson+2 more
openaire +3 more sources
The federal income tax conceptualizes the standard loan transaction as an exchange of cash for promises to pay interest and to repay the amount borrowed by the end of the term. This formulation is subtly incorrect in ways that have led to a weaker foundation for existing tax rules than they merit. Conceptualizing loans instead as closely akin to leases
openaire +4 more sources
Everyone is familiar, in theory, with some working definition of debt; however, we rarely contemplate its implications and influence on the day-to-day politics of finance-driven decision making. The cynical among us may argue that politics at every level is driven by economics, and that very few newspaper headlines are free of an underlying economic ...
Douglas R McKay, Daniel A Peters
openaire +3 more sources
Public Debt as Private Wealth [PDF]
Government bonds are interest-bearing assets. Increasing public debt increases income, wealth, and consumption demand. The smaller government expenditure is, the larger consumption demand must be in equilibrium, and the larger must be public debt ...
Schlicht, Ekkehart
core +1 more source
An initial Theory to Understand and Manage Requirements Engineering Debt in Practice [PDF]
Context: Advances in technical debt research demonstrate the benefits of applying the financial debt metaphor to support decision-making in software development activities. Although decision-making during requirements engineering has significant consequences, the debt metaphor in requirements engineering is inadequately explored.
arxiv +1 more source
Examining the debt implications of the Belt and Road Initiative from a policy perspective
China’s Belt and Road Initiative (BRI) hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. If the initiative follows Chinese practices to date for infrastructure financing, which often entail lending to ...
J. Hurley+2 more
semanticscholar +1 more source
Price Rigidity and Monetary Non-Neutrality in Developing Countries: Evidence from Nigeria
In an attempt to find out the degree of monetary non-neutrality in Nigeria we started from finding out the size of price rigidity in the country. Computation with Ball and Romer method showed that price rigidity is optimal decision for firms in Nigeria ...
Nathaniel E. Urama+3 more
doaj +4 more sources
Currency risk of public debt in Serbia: Current status and European lessons [PDF]
Currency risk, and its effect on public debt, is becoming more important in economic analysis, particularly in highly dollarized countries like Serbia.
Radosavljević Goran, Tomov Vladimir
doaj
The debt aversion survey module: An experimentally validated tool to measure individual debt aversion [PDF]
We develop an experimentally validated, short and easy-to-use survey module for measuring individual debt aversion. To this end, we first estimate debt aversion on an individual level, using choice data from Meissner and Albrecht (2022). This data also contains responses to a large set of debt aversion survey items, consisting of existing items from ...
arxiv
Can Clean New Code reduce Technical Debt Density? [PDF]
While technical debt grows in absolute numbers as software systems evolve over time, the density of technical debt (technical debt divided by lines of code) is reduced in some cases. This can be explained by either the application of refactorings or the development of new artifacts with limited Technical Debt.
arxiv +1 more source