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Government debt, agent heterogeneity and wealth displacement in a small open economy
Petrucci, Alberto R. - 2002
Persistent link: https://www.econbiz.de/10001710391
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The effect of servicing the public debt on private capital formation
Vitaliano, Donald F. - In: Public finance quarterly : PFQ 18 (1990) 3, pp. 339-359
Persistent link: https://www.econbiz.de/10001130160
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Sovereign Debt Markets in Turbulent Times : Creditor Discrimination and Crowding-Out Effects
Broner, Fernando - 2013
reallocated from the private to the public sectors, reducing investment and deepening the recessions even further. To account for …. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce …
Persistent link: https://www.econbiz.de/10013072346
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Sovereign Debt Markets in Turbulent Times : Creditor Discrimination and Crowding-Out Effects
Broner, Fernando - 2014
reallocated from the private to the public sector, reducing investment and deepening the recession even further. To account for …. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce …
Persistent link: https://www.econbiz.de/10013058811
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Sovereign Debt Markets in Turbulent Times : Creditor Discrimination and Crowding-Out
Broner, Fernando - 2014
reallocated from the private to the public sectors, reducing investment and deepening the recessions even further. To account for …. This implies that domestic debt purchases displace productive investment. The model shows that these purchases reduce …
Persistent link: https://www.econbiz.de/10013059093
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Interrelationship between fiscal deficit, aggregate savings and investment : a test of Ricardian equivalence hypothesis in Nigeria
Ikechukwu, Ogbuagu Matthew; Omojolaibi, Joseph Ayoola - In: Tanzania economic review : TER 10 (2020) 1, pp. 53-70
Persistent link: https://www.econbiz.de/10012627378
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Government Debt and Capital Accumulation in an Era of Low Interest Rates
Mankiw, Nicholas Gregory - National Bureau of Economic Research - 2022
This essay discusses the reasons for and implications of the decline in real interest rates around the world over the past several decades. It suggests that the decline in interest rates is largely explicable from trends in saving, growth, and markups. In this environment, greater government...
Persistent link: https://www.econbiz.de/10013210052
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An empirical analysis of the Ricardian equivalence, Feldstein-Horioka puzzle and twin deficits hypothesis in Bangladesh
Murshed, Muntasir; Nijhum, Nawrin Khan - In: The Bangladesh development studies : the journal of the … 41 (2018) 3, pp. 73-94
Persistent link: https://www.econbiz.de/10012232813
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Government debt, agent heterogeneity and wealth displacement in a small open economy
Petrucci, Alberto R. - 2002
The consequences of government debt on capital formation, financial wealth and labor are investigated in a small open economy with demographic heterogeneity. Two alternative types of demographics are considered: one with intragenerational heterogeneity of the ''savers-spenders'' (SS) type, and...
Persistent link: https://www.econbiz.de/10011597848
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Die Bedeutung des kaldorianischen Verteilungsmechanismus für die gesamtwirtschaftlichen Wirkungen der staatlichen Neuverschuldung
Scherf, Wolfgang - 1994
von Sparen, Investieren und Staatsverschuldung. Dabei steht das Zusammenwirken mit dem klassischen Zins- und dem …
Persistent link: https://www.econbiz.de/10011964775