Results 231 to 240 of about 23,885 (257)

Government Debt and Debt Management

1973
During the war years, as a direct and indirect result of the occupation, a huge financial deficit on Government account had accumulated. This had been financed to a relatively small extent by long-term borrowing (via the issue of semi-obligatory war loans) but mainly by the placement of Treasury paper with the banking system.
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Government debt and the value of government

New Zealand Economic Papers, 1995
This paper establishes a conceptual framework within which questions about both government value and the optimal or prudential public debt can in principle be addressed. Although derived by analogy with private sector corporate finance, the model recognises the public good character of many government projects as a source of economic value added, which
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The Government Debt Crisis

2021
This chapter explains that colossal tax hikes are inevitable and coming quickly. Government debt will soon exceed gross domestic product. In fact, it is forecast that by 2050 our debt will be nearly twice annual gross domestic product. Big tax hikes are inevitable, but it will not make much of a difference given the sheer amount of US debt.
Jeff Camarda, Steven James Lee, Jerusha Lee   +2 more
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Political Power and the Credibility of Government Debt

Journal of Economic Theory, 2000
If political power and motives to invest in goverment bonds are positively correlated across voting groups, then a self-selection equilibrimum can arise where the goverment's promise to repay its debt is credible. The paper contains a model to illustrate the working of such an equilibrium. There are two periods.
Avinash Dixit, John Londregan
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Government Debt and Economic Growth

2013
The growth prospects of a nation are stymied by the burden of government debt. This study has two goals: first, it tests whether public debt hinders growth; and, second, it explores whether economic policy ameliorates this effect. A large panel data of countries for 1970-2010 reveal a negative and robust effect of public debt on growth.
César Calderón, J. Rodrigo Fuentes
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Financialization of government debt? European government debt management approaches 1980–2007

Competition & Change, 2016
The aim of this article is to explore the strategies European government debt managers used in response to the growing demand for credit by governments since the 1980s and how the introduction of the common currency area influenced the nature of government debt management.
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Does government debt impede firm innovation? Evidence from the rise of LGFVs in China

Journal of Banking and Finance, 2022
Jianyong Fan
exaly  

Local government debt pressure and corporate ESG performance: Empirical evidence from China

Finance Research Letters, 2023
Song Nie, Junxian Liu, Gang Zeng
exaly  

The Value of Government Debt

2019
The market value of government debt equals the present discounted value of primary surpluses. Applying present value decompositions from asset pricing to this valuation equation, I find that half of the variation in the market value of debt to GDP ratio corresponds to varying forecasts of future primary surpluses, and half to varying discount rates ...
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The crowding out effect of government debt on corporate financing: Firm-level evidence from China

Structural Change and Economic Dynamics, 2023
Qiongzhi Liu, Yun Bai
exaly