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that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it … will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government … that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it …
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distributions to baseline-projections of an economic or social random variable-for example gross domestic product growth, inflation … methodology also decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk … application to forecast world gross domestic product growth is used to test the Bayesian entropy methodology. Predictive variance …
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We examine the differential impact of portfolio debt, portfolio equity, and FDI inflows on 37 manufacturing industries, 99 countries, 1991-2007, extending Rajan-Zingales (1998). We utilize external finance dependence measures in a series of cross-sectional regressions of manufacturing...
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