Results 31 to 40 of about 3,215,272 (341)
Fiscal Sustainability under Sanction Regimes: Evidence from Russia’s Post-2022 Policy Adjustments [PDF]
AlterEconomicsThis study analyses the fiscal sustainability of the Russian Federation following the 2022 military operations in Ukraine and the imposition of comprehensive international sanctions.
Rodrigo BOCHNER
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Dynamic adverse selection and debt [PDF]
European Economic Review, 1997 This paper argues that the strategic use of debt favours the revelation of information in dynamic adverse selection problems. Our argument is based on the idea that debt is a credible commitment to end long term relationships. Consequently, debt encourages a privately informed party to disclose its information at early stages of a ...
Faure-Grimaud, Antoine, Chemla, Gilles
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Public debt sustainability and debt dynamics: The case of Tanzania
WIDER Working Paper, 2020 Rising public debt in sub-Saharan Africa remains a matter of concern. We provide an analysis of public debt and debt sustainability in Tanzania, focusing on external debt.
Maureen Were, Lekinyi N. Mollel
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Liquidity Backstops and Dynamic Debt Runs [PDF]
SSRN Electronic Journal, 2015 Liquidity backstops can mitigate runs. In this paper we develop a dynamic model of debt runs based on He and Xiong (2012) to identify, both conceptually and quantitatively, the value of a liquidity backstop for its run-mitigating role. For the purpose of identification, we focus on the municipal bond markets for variable rate demand obligations and ...
Bin Wei, Vivian Z. Yue
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Public Debt Dynamics Versus the Value of Stock-Flow Adjustment in the European Union
Problemy Zarządzania, 2019 The debt crisis forced the European Union to reform the Stability and Growth Pact. The aim of the paper is to evaluate the influence of the reform on the dynamics of public debt and its correlation with stock-flow adjustment in the European Union.
Paweł Piątkowski
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, 2020 Sraffian supermultiplier models, as well as Kaleckian distribution and growth models making use of non-capacity creating autonomous demand growth in order to cope with Harrodian instability, have paid little attention to the financial side of autonomous ...
Eckhard Hein, R. Woodgate
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Sovereign debt in a post-war period: endogenous opportunities and exogenous challenges for Ukraine
Наукові записки НаУКМА: Економічні науки, 2022 The purpose of this study is to present possible scenarios for assessing the levels of Ukraine’s sovereign debt burden in the context of the cumulative effect of Ukraine’s pre-war and post-war debt accumulation to avoid sovereign debt overload or even ...
Hennadiy Hryhoriev
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Modeling of Monetary Financial Flows in System Dynamics [PDF]
ACTA VŠFSBackground: The relationship between public debt and private sector profitability has long been emphasized in economic theory in the context of sectoral balances. According to Post-Keynesian economics, private debt accumulation, under certain conditions,
Bykov, Pavel
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Millennial Asia, 2019 The study examines the sustainability of public and external debt burden of Pakistan and India for the period 1971–2017. The debt dynamics equation for public debt uses two components for the analysis of public debt sustainability, namely, interest rate ...
Khurram Ejaz Chandia +5 more
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Debt covenant and financial intermediation: how debt characteristics shape earnings management in Vietnam [PDF]
Journal of Economics and DevelopmentPurposeThis study refines debt covenant, financial intermediation and information economics theories by examining how debt maturity and sources shape earnings management (EM) in emerging markets.Design/methodology/approachUsing Vietnam’s bank-dominated ...
Cong Phuong Nguyen +1 more
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