Results 41 to 47 of about 74,319 (47)
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Sticky Spending, Sequestration, and Government Debt
The American Economic ReviewOnce established, government spending programs tend to continue. A commonly held view is that spending inertia leads to unsustainable debt, ultimately requiring fiscal adjustments such as “sequestration.” We show that by insuring against political ...
F. Piguillem, Alessandro Riboni
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Borrowing Costs After Sovereign Debt Relief
American Economic Journal: Economic Policy, 2020Can debt moratoria help countries weather negative shocks? We exploit the Debt Service Suspension Initiative (DSSI) to study the bond market effects of deferring official debt repayments.
Valentin Lang, D. Mihalyi, A. Presbitero
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External Debt and Economic Growth Nexus: Empirical Evidence From Nigeria
, 2020This study models external debt and economic growth nexus for policy analysis on public finance and public debt management. The work uses the methodology of group unit root test, auto-regressive distributed lag (ARDL) bounds testing, and co-integrating ...
Sylvester Ohiomu
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Debt Rule Design in Theory and Practice: The SGP's Debt Benchmark Revisited
Social Science Research Network, 2020This paper is linked to two debates on fiscal policies: first, the implications of low interest-growth differentials for debt sustainability and, second, the reform of the EU fiscal governance framework.
Sebastian Hauptmeier, Christophe Kamps
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Term Premia and Inflation Uncertainty: Empirical Evidence from an International Panel Dataset
, 2011Jonathan H. Wright
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Measuring Tax Multipliers: The Narrative Method in Fiscal VARs †
, 2012Carlo A. Favero, F. Giavazzi
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