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This authoritative and comprehensive reference work provides a thorough account of the classical approach to economics. It contains almost two hundred informative short entries in an easily accessible dictionary format on all the significant areas of this school of thought.
Wang Yongjun, Chen Jianhua
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Wang Yongjun, Chen Jianhua
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Modelling Public Debt Strategies [PDF]
SSRN Electronic Journal, 2013 This paper puts forward a comprehensive framework to model medium-to-long term public debt refinancing strategies. Essentially the framework has two main building blocks. First, a large number of strategies are generated so as to determine a wide range of potential financing plans, regardless of whether they look conventional (close to current actual ...
Michele Manna +3 more
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PUBLIC DEBT AND REDISTRIBUTION*
The Manchester School, 1996This paper investigates the distributional implications of debt policy in an overlapping generations model with heterogeneous asset holders. The issue of new debt to be repaid by future taxation redistributes resources amongst agents, even for small degrees of wealth inequality, via its impact on the equilibrium conditions in capital markets. Copyright
MARINI, GIANCARLO +1 more
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SSRN Electronic Journal, 2016
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Chatterjee, Santanu +2 more
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Chatterjee, Santanu +2 more
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2023
Abstract Recent reports about Cameroon’s public debt start from the position that high debt is necessarily bad. They often offer generic accounting frameworks and static “prudential” ratios for deciding whether the debt is sustainable, without discussing the economics of debt and its underlying dynamics.
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Abstract Recent reports about Cameroon’s public debt start from the position that high debt is necessarily bad. They often offer generic accounting frameworks and static “prudential” ratios for deciding whether the debt is sustainable, without discussing the economics of debt and its underlying dynamics.
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SSRN Electronic Journal, 2002
This paper examines the determinants of hidden public debt-that is, government financial commitments and contingent liabilities that do not receive official recognition and explicit budgetary allocations, but are later on assumed by the government as additional debt outside the normal budget. Hidden debts are large in many countries and can cause major
Hadi Salehi Esfahani, Hoe-Jeong Kim
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This paper examines the determinants of hidden public debt-that is, government financial commitments and contingent liabilities that do not receive official recognition and explicit budgetary allocations, but are later on assumed by the government as additional debt outside the normal budget. Hidden debts are large in many countries and can cause major
Hadi Salehi Esfahani, Hoe-Jeong Kim
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2021
Due to the unprecedented shock, COVID-19 has led to a worsening debt situation for CFA economies. This has increased debt service costs.
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Due to the unprecedented shock, COVID-19 has led to a worsening debt situation for CFA economies. This has increased debt service costs.
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Public Debt and Public Debt Policy in Germany
1988In post-war Germany for a long period of time public debt was not a subject of economic policy discussion. Government debt related to war-financing had been almost completely cancelled out by the currency reform of 1948, and the new constitution required a balanced budget. Debt financing was only allowed for investment purposes. Accordingly public debt
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2022
As countries recover from the coronavirus pandemic, they are confronted with an even more challenging debt crisis. Xavier Debrun argues in the foreword that in deciding where we go from here that there is no longer a consensus regarding the optimum design and enforcement of fiscal rules.
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As countries recover from the coronavirus pandemic, they are confronted with an even more challenging debt crisis. Xavier Debrun argues in the foreword that in deciding where we go from here that there is no longer a consensus regarding the optimum design and enforcement of fiscal rules.
openaire +1 more source