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Japan's debt-to-gross domestic product (GDP) ratio is the highest among Organisation for Economic Co-operation and …
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This paper compiles the Intertemporal Public Sector Balance Sheets for all G7 countries and examines their relationship with government borrowing costs. In 2018, all G7 countries have negative Intertemporal Net Financial Worth (INFW), falling short of their intertemporal budget constraint. A...
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