public and private debts. A subtle type of debt restructuring takes the form of "financial repression." Financial repression … interest rates, regulation of cross-border capital movements, and (generally) a tighter connection between government and banks … facilitated a sharp and rapid reduction in public debt/GDP ratios from the late 1940s to the 1970s. Low nominal interest rates …

inflation became commonplace when fiat money displaced coinage; financial repression was used as a subtle type of debt …This article provides a historical overview of the factors leading up to debt crises and the default methods used by … the governments to solve them, ranging from repudiation and restructuring to inflation tax and financial repression. The …

public and private debts. Sometimes the debt restructuring is subtle and takes the form of, “financial repression.” In the … reduction in public debt/GDP ratios from the late 1940s to the 1970s. In this paper, we summarize our findings for the post …

the public debt burden. Section 1 draws a picture on the general economic outlook in the developed economies and emerging … countries. Section 2 considers the different ways in which a country’s debt burden can be diminished. Section 3 defines the … concept of debt financial repression and its main features. Section 4 focuses on researchers’ work on historical data, to …

We study economic growth and inflation at different levels of government and external debt. Our analysis is based on … roughly cut in half. Third, there is no apparent contemporaneous link between inflation and public debt levels for the … advanced countries as a group (some countries, such as the United States, have experienced higher inflation when debt/GDP is …

users in domestic currency, inflation, and the like. Under such circumstances, some countries decide to give up their …

sustained inflation (c.1520 - c.1640) commonly known as the Price Revolution'; and in particular it provides an answer to the … economists and historians had attributed this sustained European inflation to the influx of Spanish-American treasure', chiefly … historians pointed out that European inflation had commenced as early as the 1520s, some three decades before any substantial …

the same time, private debt levels, particularly those of financial institutions and households, are in uncharted …, restructuring of public and private debts. A more subtle form of debt restructuring in the guise of "financial repression" (which … had its heyday during the tightly regulated Bretton Woods system) also importantly facilitated sharper and more rapid debt …

public and private debts. A subtle type of debt restructuring takes the form of "financial repression." Financial repression … interest rates, regulation of cross-border capital movements, and (generally) a tighter connection between government and banks … rapid reduction in public debt/GDP ratios from the late 1940s to the 1970s. Low nominal interest rates help reduce debt …