": they believe that government debt must necessarily be repaid and therefore leave the present value of their income streams …

. This divergence from the Ricardian equivalence thesis is traced to the omission of interest payments on public debt as part …

. This divergence from the Ricardian equivalence thesis is traced to the omission of interest payments on public debt as part …

central government debt increases, on average, by about 86 percent. Thus the fiscal burden of banking crisis extends far …

--although advanced economies with higher debt levels may have been constrained in how they provided stimulus (with more below …

symptoms, and common features (such as misguided financial regulation or inadequate supervision) which serve as amplifiers of …

inflate. It suggests that when economic growth is stalled, the U.S. debt overhang may trigger an increase in inflation of … about 5 percent for several years. This additional inflation would significantly reduce the debt ratio, even with some …As a share of GDP, the U.S. Federal debt held by the public exceeds 50 percent in FY2009, the highest debt ratio since …

inflate. It suggests that when economic growth is stalled, the U.S. debt overhang may trigger an increase in inflation of … about 5 percent for several years. This additional inflation would significantly reduce the debt ratio, even with some …As a share of GDP, the U.S. Federal debt held by the public exceeds 50 percent in FY2009, the highest debt ratio since …