also related to their level of individual and/ or household debt. In contrast to a growing literature that links financial … higher debt burden are faster in getting a new job. Although it is difficult to make a cause and effect connection, our … debt of dislocated workers to move back into employment perhaps by accepting lower wages builds a faster economic recovery …

relies on distortionary taxation and decides between full debt repayment and costly default. It tends to overborrow due to … close-to-default states. These bailouts can lead to an increase in the mean debt price and a lower default probability that … public debt never decreases in the long-run when bailout loans are available. …

distributions. The methods are illustrated using data from the World Values Survey. …

Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World … World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank …

boost TFP growth while external debt is actually negatively correlated with TFP growth. The negative relationship between … external debt liabilities and TFP growth is attenuated in economies with higher levels of financial development and better … direct investment ; portfolio equity ; debt ; total factor productivity …

US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms … suggested, while at the same time the majority of the world’s poor had benefited insufficiently from stronger economic growth … particular to the challenges of dealing with public debt and continuing global imbalances. -- Global financial crisis …

that have implications for budgetary policy, debt sustainability and for Euro membership. We use changes in the Credit …

). The HDC can order an immediate repayment or grant a debt suspension. Exploiting the random assignment of bankruptcy … filings to managers, we show that a debt suspension has a very significant and negative effect on the likelihood to re … the nature of their indebtedness. Our results imply that rather than focusing on a specific debt profile, above all a …