Showing 1 - 10 of 3,302
This paper explores the determinants of deviations of ex-post budget outcomes from first-release outcomes published towards the end of the year of budget implementation. The predictive content of the first-release outcomes is important, because these figures are an input for the next budget and...
Persistent link: https://www.econbiz.de/10011386471
": they believe that government debt must necessarily be repaid and therefore leave the present value of their income streams …
Persistent link: https://www.econbiz.de/10009490196
Persistent link: https://www.econbiz.de/10010350222
debt practices and financialization in contemporary societies. I draw on the literature to discuss that in the business of … debt, the winners are likely to be elite borrowers and powerful financial organizations; the losers are likely to be non …-elite borrowers who face various constraints as evidenced by their debt profile, have low power compared to financial organizations in …
Persistent link: https://www.econbiz.de/10013014678
Persistent link: https://www.econbiz.de/10013044510
. This divergence from the Ricardian equivalence thesis is traced to the omission of interest payments on public debt as part …
Persistent link: https://www.econbiz.de/10009656223
particular, the interplay between government debt and private leverage is attracting increasing attention in the current context …
Persistent link: https://www.econbiz.de/10011664051
. This divergence from the Ricardian equivalence thesis is traced to the omission of interest payments on public debt as part …
Persistent link: https://www.econbiz.de/10010441506
Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter in Volume 4 of the Handbook of Public Economics shows how...
Persistent link: https://www.econbiz.de/10014024862
Persistent link: https://www.econbiz.de/10009776289