Results 11 to 20 of about 803,057 (251)
Sustainability, Debt Management, and Public Debt Policy in Japan [PDF]
Sustainability, Debt Management, and Public Debt Policy in Japanapplication/pdf ...
Takero Doi +2 more
core +4 more sources
Dealing with a liquidity trap when government debt matters: optimal time-consistent monetary and fiscal policy [PDF]
, 2013 How does the need to preserve government debt sustainability affect the optimal monetary and fiscal policy response to a liquidity trap? To provide an answer, we employ a small stochastic New Keynesian model with a zero bound on nominal interest rates ...
Burgert, Matthias, Schmidt , Sebastian
core +2 more sources
Monetary Policy and Sovereign Debt Vulnerability [PDF]
SSRN Electronic Journal, 2015 We investigate the trade-offs between price stability and the sustainability of sovereign debt, using a small open economy model where the government issues nominal defaultable debt and chooses fiscal and monetary policy under discretion. Inflation reduces the real value of outstanding debt, thus making it more sustainable; but it also raises nominal ...
Galo Nuño, Carlos Thomas
openaire +1 more source
Debt deflation effects of monetary policy [PDF]
Journal of Financial Stability, 2014 This paper assesses the role that monetary policy plays in the decision to default using a General Equilibrium model with collateralized loans, trade in fiat money and production. Long-term nominal loans are backed by collateral, the value of which depends on monetary policy.
Lin, Li +2 more
openaire +2 more sources
Who, or What, Is to Blame for the Accumulation of Debt in Ontario and Quebec (and What Will It Take to Stop the Bleeding?) [PDF]
The School of Public Policy Publications, 2014 What is the main reason for government debt accumulation in Canada? Is the main driver of debt the public policy choices made by governments, or are non-policy factors, like interest rates and the economic environment to blame?
Ronald D. Kneebone, Margarita Gres
doaj +4 more sources
DEBT, POLICY UNCERTAINTY, AND EXPECTATIONS STABILIZATION [PDF]
Journal of the European Economic Association, 2010 This paper develops a model of policy regime uncertainty and its consequences for stabilizing expectations. Because of learning dynamics, uncertainty about monetary and fiscal policy is shown to restrict, relative to a rational expectations analysis, the set of policies consistent with macroeconomic stability.
Eusepi, Stefano, Preston, Bruce
openaire +3 more sources
Consistency of Debt Policy: An Intrinsic Role of Business Group Affiliation
The Lahore Journal of Business, 2021 The debt structure remains an area of indispensable concern for businesses across the globe. The organizations are facing difficulty to achieve an optimal capital structure due to inconsistent debt policy.
Wajiha Rasheed +3 more
doaj
Accounting Analysis Journal, 2019 This study analyzes the influence of institutional ownership, dividend policy, and free cash flow on debt policy with profitability as moderating. The study population was 148 manufacturing sector companies listed on the Indonesia Stock Exchange in the ...
Ulfi Nihayah Fitriyani, Muhammad Khafid
doaj +1 more source
Nominal Debt as a Burden on Monetary Policy [PDF]
We characterize the optimal sequential choice of monetary policy in economies with either nominal or indexed debt. In a model where nominal debt is the only source of time inconsistency, the Markov-perfect equilibrium policy implies the progressive ...
Giorgia Giovannetti +3 more
core +9 more sources
Public Debt Composition, Debt Policy Rules and Growth in Selected SADC Countries
Journal of Business and Social Review in Emerging Economies, 2020 Purpose: This study examined the relative effect of debt composition and debt reduction policy rule on economic growth in selected SADC countries which are Mauritius, Tanzania and Zimbabwe. Design/Methodology/Approach The Markov-switching method was used
Richard Makoto +2 more
doaj +1 more source