Results 31 to 40 of about 23,885 (257)
On the Needed Quantity of Government Debt [PDF]
Quarterly Review, 2006 People are enjoying longer retirement periods, and population growth is slowing and, in some countries, falling. In this article, we determine the implications of these demographic changes for the needed amount of government debt. If tax rates and the transfer share of gross national income (GNI) are both high, the needed debt is near zero. With such a
Kathryn Birkeland, Edward C. Prescott
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The Crowd-Out Effect of Government Debt on Firm Leverage [PDF]
E3S Web of Conferences, 2021 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 Optimum Structure For Government Debt [PDF]
SSRN Electronic Journal, 2010 This article studies the structural differences between implicit and explicit government debt in a two-generations-overlapping model with stochastic factor-prices. If a government can issue safe bonds and new claims to wage-indexed social security to service a given initial obligation, there exists a set of Pareto-efficient ways to do so.
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Frontiers in Environmental Science, 2023 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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İktisat Politikası Araştırmaları Dergisi, 2023 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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Dynamic Forecasting of Government Foreign Debt: Case of Indonesia
JEJAK: Jurnal Ekonomi dan Kebijakan, 2021 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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Government debt forecasting based on the Arima model [PDF]
Public and Municipal Finance, 2020 The paper explores theoretical and practical aspects of forecasting the government debt in Ukraine. A visual analysis of changes in the amount of government debt was conducted, which has made it possible to conclude about the deepening of the debt crisis
Fedir Zhuravka +2 more
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Manufacturing Risk-free Government Debt [PDF]
SSRN Electronic Journal, 2020 Governments face a trade-off between insuring bondholders and insuring taxpayers against output shocks. If they insure bondholders by manufacturing risk-free zero-beta debt, then they can only provide limited insurance to taxpayers. Taxpayers will pay more taxes in bad times regardless of whether output shocks are permanent or temporary.
Zhengyang Jiang +3 more
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Systems, 2022 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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Is the Fed Monetizing Government Debt? [PDF]
Economic Synopses, 2013 Under this latter scenario, the Fed is not monetizing government debt — it is simply managing the supply of the monetary base in accordance with the goals set by its dual mandate.
David Andolfatto, Li Li
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