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Debt Relief Effectiveness and Institution Building
Presbitero, Andrea Filippo - Money and Finance Research group (Mo.Fi.R.) - 2009
with better policies and institutions. …
Persistent link: https://www.econbiz.de/10005030044
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The debt-growth nexus in poor countries: a reassessment
Presbitero, Andrea F. - 2007
This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing...
Persistent link: https://www.econbiz.de/10010295225
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The debt-growth nexus in poor countries: a reassessment
Presbitero, Andrea F. - 2006
reforms. This work underlines the critical role of economic policies and institutions, the necessity of focusing on LICs and …
Persistent link: https://www.econbiz.de/10010296007
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The Debt-Growth Nexus in Poor Countries: A Reassessment
Presbitero, Andrea F. - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-30, pp. 1-28
on institutions and policies. The Debt-Laffer curve looses statistical significance once institutional quality is … controlled for and debt overhang seems to be at work exclusively in countries with sound institutions. On the contrary, external … debt proves to be irrelevant for countries with weak institutions. A policy implication is that efficient debt relief …
Persistent link: https://www.econbiz.de/10010298614
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The debt-growth nexus in poor countries: a reassessment
Presbitero, Andrea F. - Verein für Socialpolitik, Ausschuss für … - 2006
reforms. This work underlines the critical role of economic policies and institutions, the necessity of focusing on LICs and …
Persistent link: https://www.econbiz.de/10005082704
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The Debt-Growth Nexus in Poor Countries: A Reassessment
Presbitero, Andrea F. - In: Economics - The Open-Access, Open-Assessment E-Journal 2 (2008), pp. 1-28
on institutions and policies. The Debt-Laffer curve looses statistical significance once institutional quality is … controlled for and debt overhang seems to be at work exclusively in countries with sound institutions. On the contrary, external … debt proves to be irrelevant for countries with weak institutions. A policy implication is that efficient debt relief …
Persistent link: https://www.econbiz.de/10005082979
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The debt-growth nexus in poor countries: a reassessment
Presbitero, Andrea F. - Institut für Weltwirtschaft (IfW) - 2007
This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing...
Persistent link: https://www.econbiz.de/10005083427
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The Debt-Growth Nexus: a Dynamic Panel Data Estimation
PRESBITERO, Andrea - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2005
HIPC threshold of 150 is estimated to add more than one percentage point to per capita GDP growth, and a debt service …
Persistent link: https://www.econbiz.de/10004990603
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Debt Relief and Adjustment Effort in a Multi Period Model
Tengstam, Sven - Nationalekonomiska institutionen, Handelshögskolan - 2005
This paper shows that if the period following the granting of debt relief is taken into account, debt relief increases adjustment effort(investment), irrespective of whether there is an initial debt overhang or not. <p>
Persistent link: https://www.econbiz.de/10005651784
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The Debt-Growth Nexus in Poor Countries : A Reassessment
Presbitero, Andrea Filippo - 2011
on institutions and policies. The Debt-Laffer curve looses statistical significance once institutional quality is … controlled for and debt overhang seems to be at work exclusively in countries with sound institutions. On the contrary, external … debt proves to be irrelevant for countries with weak institutions. A policy implication is that efficient debt relief …
Persistent link: https://www.econbiz.de/10013132135