Results 41 to 50 of about 4,919,129 (352)
We study the effects on economic activity of a pure temporary change in government debt and the relationship between the debt multiplier and the level of debt in an overlapping generations framework. The debt multiplier is positive but quite small during normal times while it is much larger during crises.
Albonico A., Ascari G., Gobbi A.
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Public Debt Expansions and the Dynamics of the Household Borrowing Constraint
Contrary to a well-established view, public debt expansions may tighten the household borrowing constraint over time. Within an incomplete-markets model featuring an endogenous borrowing limit, we show that plausible debt-financed fiscal policies ...
V. Ercolani, António R. Antunes
semanticscholar +1 more source
PUBLIC DEBT: STRUCTURE AND CHARACTERISTICS ROMANIA’S CASE [PDF]
Addressing the issue of public debt in the present context is extremely useful, both at the global level, especially at the level of Romania, since the country has faced and faces the difficulty of identifying and collecting the necessary resources from ...
Căruntu Roxana Corina
doaj
Economic Consequences of High Public Debt: Evidence from Three Large Scale DSGE Models
The paper reviews the economic risks associated with regimes of high public debt through DSGE model simulations. The large public debt build-up following the 2009 global financial and economic crisis acted as a shock absorber for output, while in the ...
Pablo Burriel +4 more
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This study interrogates asymmetric effect of public debt on economic growth among selected emerging and frontier SADC economies. The study estimates a smooth transition regression (STAR) to analyse asymmetric relationship between public debt and economic
Bongumusa Prince Makhoba +2 more
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Public Debt and Public Debt Administration in Kyrgyzstan [PDF]
Public debt and public debt administration in recent years became significant economic problem of most countries. After the collapse of the Soviet Union, Kyrgyzstan has faced with public debt problem. Sharp decline of production, high level of unemployment and the need for economic and structural reforms during transition to market economy caused a ...
Tolkun Zhumakunova, Raziya Abdiyeva
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Determinants of the Public Debt in the Eurozone and Its Sustainability Amid the Covid-19 Pandemic
Different economic studies have been concentrated on specific and/or isolated factors to explain public debt evolution. In this article we have developed an integrated viewpoint based on financial, social and governance or institutional factors.
Hernán Ricardo Briceño, Javier Perote
semanticscholar +1 more source
Effect of Public Debt on Economic Growth of Nigeria: An Empirical Investigation
This study examined the effect of public debt on economic growth of Nigeria. Specifically, the study determined the impact of domestic debt on the economic growth of Nigeria; assessed the effect of external debt on the economic growth of Nigeria and ...
Ibidolapo Ezekiel, Damilola Gabriel
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Debt-Growth Nexus in the MENA Region: Evidence from a Panel Threshold Analysis
This study examines whether a debt-to-GDP threshold exists in the public debt and economic growth relationship for 20 Middle East and North Africa (MENA) countries from 1990 to 2016 using the threshold estimation technique.
Mohammed Daher Alshammary +3 more
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This article addresses the historical evolution of sovereign debt trajectories since the beginning of the euro area up to the corresponding sovereign debt crisis, using certain key economic concepts previously proposed by the literature in connection to ...
Diptes C. P. Bhimjee
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