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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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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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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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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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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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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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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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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