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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
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In the process of issuing and using local government debt, local officials may be corrupted by self-interest into inappropriately increasing the bond supply, leading to excessive expansion of local government debt and an increase in debt risk.
Yang Li, Hu WenXiu, Su ZhenXing
doaj +1 more source
Assessing Fiscal Sustainability in Indonesia
Fiscal sustainability is a concern in many economies, especially with increasing government debt in many countries, including Indonesia. This study aims to analyze fiscal sustainability in Indonesia for the 1970-2018 period.
Nur Widiastuti +2 more
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The Impact of Debt Market Development on the Effect of Monetary and Financial Policies on Stimulating Private Sector Consumption: Testing the Ricardian equality principle based on the threshold effects approach [PDF]
The development of the government debt market has always been a challenge for policymakers and economic planners. Some countries consider the development of the government debt market to stimulate the real sector of the favorable and undesirable economy.
Mahdi sadeqi shahdani +3 more
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Unlike developing economies, advanced economies easily borrow debt to finance budget deficits. Government debt is one of the active measures of fiscal policy in these economies to run the economy and overcome its cyclicality.
Van Bon Nguyen
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International Government Debt [PDF]
This chapter presents a nontechnical survey of the modern literature on international government debt. The chapter starts with a definition of international government debt and with a description of the recent evolution of the levels and structure of international government debt.
Ugo Panizza +2 more
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Local government debt, resource misallocation, and green total factor productivity in China
Although China has implemented numerous environmental governance polices to realize green development, no significant changes have been achieved in reality. To understand the underlying reasons, we relate green development to the debt-driven model by the
Guangjun Deng +4 more
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Local government debt risk measurement and early warning structural system building — Research Based on KMV and TOPSIS Models [PDF]
In this paper, by using the Statistical analysis Software SPSS20, 30 and Cities of our country’s local government structural debt risk has been carried on the empirical analysis, using the entropy weight method to determine the specific weight of each ...
Zhang Rongzhou, Shi Ruoyu, Li Cheng
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Government debt indicators [PDF]
There is no single “best” indicator for analyzing general government debt. This paper examines the various issues in defining and measuring debt, and explores other data which could be useful, both within and beyond the general government debt concept, to better track and analyze fiscal risks and sustainability issues.
Debra Bloch, Falilou Fall
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Risk Assessment of Government Debt Based on Machine Learning Algorithm
Government debt risk is an important factor affecting macroeconomic stability and public expectation. The key to its prevention and control lies in early warning and early prevention.
Dan Chen
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