The sovereign debt crisis in the euro area has raised interest in early warning indicators, aimed at signalling the …

accumulated in the high-growth phase (the real estate boom, excess debt and the loss in competitiveness), which are all closely …

only in the intensity of debt reduction but also in the distribution between agents and productive sectors, and in the form … international environments. In the United States the drivers reducing debt are the improvement in activity and household debt … restructuring and defaults; in the United Kingdom inflation has dominated, eroding the value of debt; and in Ireland and Spain the …

firms, we estimate models for dividends, new equity issuance and investment, relating them to debt adjustment. The results … equity issues and investment. There is evidence for financial pressure effects of debt-servicing costs on investment and …

Household debt in many advanced economies has increased significantly since the 1980s and accelerated in the years … constraints, we find that aggregate consumption is also driven by the dynamics of housing debt accumulation and deleveraging …

framework: the composition of public debt and the structure of the banking system. This paper discusses why macroeconomic … policies were restricted by those factors and how they have evolved differently. The structure of public debt, characterised by … the 2000s. Nevertheless, these vulnerabilities were gradually overcome and the composition of public debt has remained …

proposed in the literature, that pay special attention to integration orders of deficit and debt processes and the existence of … if fiscal variables follow the pattern of the past in the future, no problems in marketing public debt are expected to …

The growth in the interest rates paid on Spanish public debt since 2008 and the impairment of the interbank market have … supply with a structural model of competition to measure the impact of the reference interest rates on public debt and … found to be more closely correlated with the return on deposits than the interest rate on public debt, but the connection …