Similar Search Results

Is public expenditure productive?

Aschauer, David - Federal Reserve Bank of Chicago - 1988

Persistent link: https://www.econbiz.de/10005514990

Consequences of going private buyouts for public debt and preferred stock: 1974-1985

Marais, Laurentius; Schipper, Katherine; Smith, Abbie - Federal Reserve Bank of Chicago - 1989

Persistent link: https://www.econbiz.de/10010724116

The case of the undying debt

Velde, François - Federal Reserve Bank of Chicago - 2009

public finances since the 18th century. …

Persistent link: https://www.econbiz.de/10008636088

State and local government spending--the balance between investment and consumption

Mattoon, Richard H. - Federal Reserve Bank of Chicago - 1992

Persistent link: https://www.econbiz.de/10005721382

The output, employment, and interest rate effects of government consumption

Aiyagari, S. Rao; Christiano, Lawrence J.; Eichenbaum, … - Federal Reserve Bank of Chicago - 1990

Persistent link: https://www.econbiz.de/10005410923

Nominal debt as a burden on monetary policy

Díaz-Giménez, Javier; Giovannetti, Giorgia; Marimon, Ramon - Federal Reserve Bank of Chicago - 2004

We study the effects of nominal debt on the optimal sequential choice of monetary and debt policy. When the stock of debt is nominal, the incentive to generate unanticipated inflation increases the cost of the outstanding debt even if no unanticipated inflation episodes occur in equilibrium....

Persistent link: https://www.econbiz.de/10005419963

Empirical research on sovereign debt and default

Tomz, Michael; Wright, Mark L. J. - Federal Reserve Bank of Chicago - 2012

The long history of sovereign debt and the associated enforcement problem have attracted researchers in many fields. In this paper, we survey empirical work by economists, historians, and political scientists. As we review the empirical literature, we emphasize parallel developments in the...

Persistent link: https://www.econbiz.de/10010593676

Loan rates vs. public debt rates: do loan rates reflect special values to the borrower or information intensive lending?

Cook, Douglas O.; Spellman, Lewis J. - Federal Reserve Bank of Chicago - 2006

Bank loans and public debt are competing funding sources for firms without barriers to public debt markets. With firms … seeking the least costly funding and investors in both public debt markets and bank loan markets seeking the highest return … prevail. However, there are two bodies of literature suggesting that loan rates and public debt rates for the same firm might …

Persistent link: https://www.econbiz.de/10011026831

Is government spending stimulative?

Aschauer, David - Federal Reserve Bank of Chicago - 1988

Persistent link: https://www.econbiz.de/10005514988

The equilibrium approach to fiscal policy

Aschauer, David Alan - Federal Reserve Bank of Chicago - 1986

Persistent link: https://www.econbiz.de/10005724226