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This study aims to find out the fundamental macroeconomic, institutional and financial determinants of current account balances by using panel data analysis method. The analysis is carried out by using the data for the period between 1986 and 2013 of 97 developing and developed countries. We...
Persistent link: https://www.econbiz.de/10012256701
In this paper, the effect of the social network on macroeconomic stability is examined using an agent-based, network-based DSGE (dynamic stochastic general equilibrium) model. While the authors' primitive (first-stage) examination has the network generation mechanism as its main focus, their...
Persistent link: https://www.econbiz.de/10010259974
Ethiopia’s economy is largely agricultural, and (4) that there is a looming debt crisis, largely due to lending from China. In …
Persistent link: https://www.econbiz.de/10011956354
ratios, between, i) the debt and primary surplus, and ii) government expenditure and revenues. Both models show consistent … high-income countries. This also indicates that the fiscal policy can be sustainable (non-sustainable) even for the debt …
Persistent link: https://www.econbiz.de/10010492728
Debt Overhang is a controversial issue in the eurozone countries and is considered as one of the factors which created … the current economic crisis. How to deal with sovereign debt has been debated both at the theoretical and policy making … level. This paper looks at the Greek debt and four options are discussed: (a) unilateral default (b) unilaterally imposed …
Persistent link: https://www.econbiz.de/10010492731
No subject in the world creates more confusion than ‘debt.’ Nowhere there is a greater need for information because no … often sounds as if the whole world is somehow overindebted. The problem is that analysis is often based on gross debt, i. e … because you set off all net debts and liabilities of all sectors in the world against one another, there is no debt (i. e …
Persistent link: https://www.econbiz.de/10012155244
data in EU states concerning the level of debt, the level of gross domestic product (GDP) redistribution, and the level of … EU states. The main conclusions of this article are as follows: (i) EU countries recorded higher national debt levels and … debt growth rates between 2008 and 2015 than most non-EU Organisation for Economic Co-operation and Development (OECD …
Persistent link: https://www.econbiz.de/10012116053
motive for expectation management that aims towards the manipulation of equilibrium prices of government debt in a favorable …
Persistent link: https://www.econbiz.de/10011686979
lower inflation, a lower debt to GDP ratio, a lower average income tax rate, higher public debt maturity and higher IPI …
Persistent link: https://www.econbiz.de/10011517129
approach to examine this relationship in both the short run and the long run. The results showed that increases in total debt … corporate debt are in line with the outcome of total debt. Interestingly, in the short run, increases in domestic debt helped … attract FDI inflows, but in the long run, its undesirable impact became evident. External debt also negatively impacted FDI …
Persistent link: https://www.econbiz.de/10014439453