The sizeable fiscal consolidation required to stabilize the debt-to-GDP ratios in several countries in the aftermath of … stabilize debt to GDP. We find that, in at least half the cases, countries improved their cyclically adjusted primary balances … by close to 5 percent of GDP. We also observe that, while countries typically make substantial efforts to stabilize debt …

This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in … and floods have a negative effect on growth, and that debt increases with floods but not with storms. However, in a … subsample I find that storms significantly increase debt in the short and long run. I also find weak evidence that debt relief …

This paper uses the propensity matching score approach to assess the impact of the IMF’s debt limits policy (DLP) on …

public and private debts. Sometimes the debt restructuring is more subtle and takes the form of 'financial repression …Periods of high indebtedness have historically been associated with a rising incidence of default or restructuring of … facilitated a sharp and rapid reduction or 'liquidation' of public debt from the late 1940s to the 1970s. The restrictions or …

This paper will consider whether debt- and equity-based capital inflows have different macroeconomic effects. Using … shock to debt or equity-based capital inflows in a structural VAR model that includes domestic variables like GDP, inflation …, the exchange rate, stock prices, credit growth, and interest rates. An exogenous increase in debt inflows leads to a …

recovery form in estimating the cost of debt capital within a structural model framework. …