debt ratio and fiscal sustainability. While the approach suggests a macroeconomic policy mix and strategies for both fiscal …

Regulation and subsequent deregulation significantly affect firms' debt decisions. Prior to deregulation, regulated … firms depend significantly more on long-term and public debt but reduce this dependence considerably during deregulation …. Cross-sectional analysis shows that the reduction in the use of long-term and public debt results from changing firm …

Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However …, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study … is to fill this research gap by examining the potential effect of debt portfolios on family financial wellbeing, measured …

In this paper we empirically explore the relationship between debt and output in a panel of 72 countries over the … predicted by a standard small open economy model by Aguiar and Gopinath (2007), where debt and output endogenously respond to … total factor productivity (TFP) shocks. First, developing countries' debt falls after a positive output shock, while the …

Purpose: In recent decades, research on consumer debt and well-being is emerging. However, research on the potential … effect of debt portfolios on family financial well-being is limited. The purpose of this study is to fill this research gap … by examining the potential effect of debt portfolios on family financial well-being, measured by three indicators of …