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analysis about this beyond fleeting references. The study argues that from a certain point more public debt will not "buy" more … safe assets as reflected in government debt ratings. …
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The paper analyses the linkages from financial developments to public finances. It maps and discusses the transmission channels to fiscal variables. These channels include asset prices, financing conditions, balance sheets of banks, non-banks and central banks and international linkages. The...
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followed neutral policies based on expenditure rules since the start of EMU. It also calculates the implications for debt … higher expenditure and debt paths compared to a counterfactual neutral expenditure stance. Simple and prudent rules …
Persistent link: https://www.econbiz.de/10011605312
unsustainable public debt dynamics and enormous contingent liabilities across sectors and countries coinciding with strong, non …
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followed neutral policies based on expenditure rules since the start of EMU. It also calculates the implications for debt … higher expenditure and debt paths compared to a counterfactual neutral expenditure stance. Simple and prudent rules …. - Expenditure policies ; public debt ; expenditure rules ; sustainability ; fiscal stance …
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