Results 21 to 30 of about 814,997 (299)
Politicians' Coherence and Government Debt [PDF]
We model a society that values the coherence between past policy platforms and current implemented policy, and where policy platforms partially commit candidates to their future actions. If an incumbent politician seeks to be reelected, she has to use her platforms to commit to moderate policies that can be distant from her most preferred one ...
Giorgio Bellettini, Paolo Roberti
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Governance and government debt
The continuous increase in debt ratios raises concerns in economic institutions concerning fiscal sustainability and its effect on the world economy. The empirical evidence has shown that both developed and developing countries have become highly indebted and fiscal deficits are not sustainable (Afonso, 2005) As such, the quality of institutions has an
João Imaginário, Maria João Guedes
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ANALYSIS OF STRUCTURE AND DYNAMICS OF UKRAINIAN EXTERNAL DEBT IN CRISIS CONDITIONS
This scientific work has been devoted to research one of the most important categories of economic development, namely the government debt of Ukraine. The state budget deficit, attracting and using loans to cover this deficit has led to the formation of ...
A. P. Lyubchenko
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Confederation debt management since 1970
This paper analyzes the Confederation’s debt management. The Confederation actively manages roll over and interest rate risk by increasing bond maturity with increasing marketable debt-to-GDP levels. It further engages in active but asymmetric, one-sided
Basil Guggenheim +2 more
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Based on the data of explicit debt and implicit debt of local governments in China from 2012 to 2020, this paper theoretically analyzes and empirically tests the spatial correlation effect of fiscal decentralization and intergovernmental competition on ...
Xuling Huo +3 more
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The Crowd-Out Effect of Government Debt on Firm Leverage [PDF]
Based on the data of 21 provinces from 2000 to 2018, this paper empirically examines the impact of government debt on corporate financing decisions, and finds that there is a negative correlation between government debt and corporate leverage.
Xia Xiaomiao, Liao Jingyue, Shen Zitang
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The Effect of Government Debt and Other Determinants on Economic Growth: The Greek Experience
This study empirically investigates the relationship between economic growth and several factors (investment, private and government consumption, trade openness, population growth and government debt) in Greece, where imbalances persist several years ...
Panagiotis Pegkas
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Dynamic Forecasting of Government Foreign Debt: Case of Indonesia
This study aims to forecast the value of the Indonesian government foreign debt in 2020-2024. The secondary data of time series during the period of 2010-2019 on Indonesian government foreign debt are used as the basis of forecasting for the next five ...
Yozi Aulia Rahman, Amin Pujiati
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Dealing with a liquidity trap when government debt matters: optimal time-consistent monetary and fiscal policy [PDF]
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
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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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