Results 21 to 30 of about 818,436 (303)
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
openaire +4 more sources
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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Odious Debt, Odious Credit, Economic Development, and Democratization [PDF]
When a country signs an international treaty, it is not the government but the state that is bound, and the obligation will stand until a subsequent government formally exits the treaty.
Ginsburg, Tom, Ulen, Thomas S.
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Polish local government debt refinance [PDF]
O wyborze problematyki refinansowania zadłużenia samorządowego zadecydowało przeświadczenie o niedostatecznym ujmowaniu tego zagadnienia w literaturze przedmiotu, nierzadko jego bagatelizowaniu w odniesieniu do szczebla regionalnego i lokalnego oraz ...
Jurewicz, Daniel
core +2 more sources
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
doaj +1 more source
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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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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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
core +2 more sources

