This paper explains why domestic debt composition in emerging economies is risky. It carries out an analysis of the … domestic debt composition, which encompasses maturity mismatches, rollover risk and interest payment contingency. The paper … inflation is lofty, the debt service-to-GDP ratio high, the slope of the yield curve inverted and the investor base narrow …

We study the relationship between debt and growth in EU countries in the years 1995-2015. We investigate the debt … relationship between public debt and long-run growth across EU countries. However, the more immediate impact of private sector debt … on growth is found to be negative, and positive for the public sector debt. We find no conclusive evidence for a common …

In most euro area countries, the monetary/fiscal policy mix is responsible for the changing history of debt and … simulations reveal that the PM/AF regime in France led to price volatility and debt stabilisation, while the AM/PF regime resulted … in disinflation and rising debt trajectory. Meanwhile, Italy's procyclical fiscal policy in downturns contributed to …

characteristics on personal finances. - Personal Finance ; Financial Strain ; Debt ; Behaviour ; Financial Literacy …

. IFCs' role is to mitigate this imperfection. Equilibrium public debt is excessive because policymakers are "partisan" and … IFC as the debt bias would fall. However, when other considerations eclipse competence and give the incumbent a strong … electoral advantage or disadvantage, setting up an IFC may be counterproductive as the debt bias would increase. If the …

. Simulation results show that government defcits, high debt level and slow fiscal adjustment adversely affect price stability in …

This paper explores a natural connection between fiscal multipliers and foreign holdings of public debt. Although … the resources used to acquire public debt reduce domestic consumption and investment. These crowding-out effects are … likely to be weaker when governments have access to foreign markets to place their debt, increasing the size of multipliers …