Showing 1 - 10 of 42,593
tightening in response to macroprudential concerns. I also find that policy is acyclical to foreign debt but is countercyclical …
Persistent link: https://www.econbiz.de/10011777963
Financial repression lowers the return on government debt and contributes, all else equal, towards its liquidation …. However, its full effect on the debt-to-GDP ratio hinges on how repression impacts the economy at large because it alters … model-based counterfactual shows that GDP would have been 5 percent lower, and the debt-to-GDP ratio 20 percentage points …
Persistent link: https://www.econbiz.de/10014512648
Financial repression lowers the return on government debt and contributes, all else equal, towards its liquidation …. However, its full effect on the debt-to-GDP ratio hinges on how repression impacts the economy at large because it alters … model-based counterfactual shows that GDP would have been 5 percent lower, and the debt-to-GDP ratio 20 percentage points …
Persistent link: https://www.econbiz.de/10014561421
Financial repression lowers the return on government debt and contributes, all else equal, towards its liquidation …. However, its full effect on the debt-to-GDP ratio hinges on how repression impacts the economy at large because it alters … model-based counterfactual shows that GDP would have been 5 percent lower, and the debt-to-GDP ratio 20 percentage points …
Persistent link: https://www.econbiz.de/10014500970
Persistent link: https://www.econbiz.de/10014511998
Financial repression lowers the return on government debt and contributes, all else equal, towards its liquidation …. However, its full effect on the debt-to-GDP ratio hinges on how repression impacts the economy at large because it alters … model-based counterfactual shows that GDP would have been 5 percent lower, and the debt-to-GDP ratio 20 percentage points …
Persistent link: https://www.econbiz.de/10014559288
This paper presents and analyses new datasets of de jure Currency-Based Measures (CBMs) directed at banks in a sample of 49 countries between 2005 and 2013. These measures are bank regulations that apply a discrimination−e.g. a less favourable treatment−on the basis of the currency of an...
Persistent link: https://www.econbiz.de/10011582185
Persistent link: https://www.econbiz.de/10013101690
spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …
Persistent link: https://www.econbiz.de/10013125656
This Article examines the International Monetary Fund's recent efforts to play an assertive regulatory role with regard to global capital flows. There is a growing consensus among scholars and policymakers that states must carefully manage capital flows and coordinate their policies for doing...
Persistent link: https://www.econbiz.de/10013031468