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 …

- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …

. 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 …

macroeconomic consequences of government debt accumulation. Focusing on the USA, Germany and Italy over the 1983-2003 period, the … central issue addressed in this paper is how the accumulation of government debt affects long-term interest rates, both … more sustained debt accumulation leads at least temporarily to higher long-term interest rates. This transitory impact also …