Results 31 to 40 of about 820,001 (344)
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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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
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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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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Global financial conditions are one of the key elements that should be considered while formulating fiscal policy. Investments and capital inflows to small open emerging economies are impacted by global financial conditions.
Süleyman Kasal
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In recent years, local governments have boosted their local economies by raising large amounts of debt. Even though the state further strictly controls local government debt, the hidden debt formed by the local government borrowing in disguised form can ...
Yinglan Zhao +4 more
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Government consumption, government debt and economic growth [PDF]
AbstractThis paper compares the effects of government consumption and government debt on economic growth using data from 83 countries, including both developed and developing markets, over the period from 1960 to 2014. Linear regressions reveal that the negative effects of government consumption are relatively higher than the negative effects of ...
Shahrzad Ghourchian, Hakan Yilmazkuday
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STATE DEBT: A CONCEPTUAL TREATMENT [PDF]
Government debt (also known as public debt and national debt) is the debt owed by a central government. (In the U.S. and other federal states, "government debt" may also refer to the debt of a state or provincial government, municipal or local
Ion STURZU
doaj
The liquidation of government debt [PDF]
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion.
Carmen M. Reinhart, M. Belen Sbrancia
openaire +5 more sources
Research on Application of Big Data in Local Government Debt Audit [PDF]
While big data provides massive information for auditing work, it also changes the specific requirements of audit procedures. The pressure of economic downward has increased the concealment of local government debt risks in China, hence the requirements ...
Li Xuefeng
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