Results 221 to 230 of about 23,885 (257)

Governing technology debt

Proceedings of the 2018 International Conference on Technical Debt, 2018
Technical debt has successfully captured the interest of practitioners and researchers alike. We argue that the concept of technical debt holds much more currency within the strategic Information Systems literature. Hence, we have developed a research framework for expanding the concept of technical debt into a new concept we dub "technology debt ...
Johan Magnusson   +3 more
openaire   +1 more source

The Safety of Government Debt

2013
We examine the safety of government bonds in the presence of Knightian uncertainty amongst financial market participants. In our model, the information insensitivity of government bonds is driven by strategic complementarities across counterparties and the structure of trading relationships.
Anand, Kartik, Gai, Prasanna
openaire   +2 more sources

A Positive Theory of Government Debt [PDF]

open access: possibleSSRN Electronic Journal, 2004
Abstract A government that cannot commit to future policy choices faces a trade-off that explains the level of debt. On the one hand, there is an incentive to increase debt and delay taxation, so as to reduce current distortions. On the other hand, inflating current prices lowers the real value of nominal debt and so there is a motive to reduce it ...
openaire   +1 more source

Government Debt

2019
Abstract This chapter focuses on the origin and functionality of U.S. government debt (Treasuries). Debt in the U.S. has been increasing for many decades, especially since the financial crisis of 2007–2008. The types of debt securities are discussed along with the auction process to obtain these investment vehicles.
Keith Pareti, Rob Kennedy
openaire   +1 more source

Government Debt, Taxes and Growth [PDF]

open access: possibleJournal of Public Finance and Public Choice, 2000
By using a small discrete-time model we evaluate the impact of distortionary taxation on the government debt-to-GDP ratio. Once the standard model is modified accordingly, it appears that the increase of taxation has a growth cost which increases as long as die debt-to-GDP ratio rises.
openaire   +1 more source

The Demand for Government Debt

Management Science, 2023
We document that the sectoral composition and marginal buyers of government debt differ notably across jurisdictions and over time. We use instrumental variables derived from monetary policy surprises to estimate the demand elasticities of various sectors.
Egemen Eren   +2 more
openaire   +1 more source

Government debt in EMU countries

The Journal of Economic Asymmetries, 2018
Abstract We investigate the sustainability of fiscal policy in a set of 19 European Monetary Union (EMU) countries over the period 1970–2016. Panel unit root tests in the presence of cross-section dependence show that the Government debt series is stationary, indicating that the solvency condition would be satisfied for the EMU-19 countries.
Gordon Brady, COSIMO MAGAZZINO
openaire   +2 more sources

Sustainability of Government Debt in the EMU [PDF]

open access: possible, 2011
This paper addresses the sustainability of government debt in Europe and is motivated by the recent debt increases following the crisis. We evaluate the sustainability in a time frame of ten years in which governments will be able to implement budget rules to get budget deficits under control.
Lejour, Arjan   +2 more
openaire   +2 more sources

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