Showing 131 - 140 of 80,233
Persistent link: https://www.econbiz.de/10009129840
In der Rezession 2009 sind die Haushaltsdefizite sowohl in den großen Industrienationen als auch in den Schwellenländern in erheblichem Maße angestiegen. Dies ist zum einen auf automatische Stabilisatoren zurückzuführen. So gehen in der Rezession die Steuereinnahmen zurück, während...
Persistent link: https://www.econbiz.de/10010407074
a burst of inflation that devalues the existing nominal debt stock. The probability of this outcome places upward … pressure on inflation expectations and poses a substantial challenge to a central bank pursuing an inflation target. The … distribution of outcomes for the path of future inflation has a fat right tail, revealing that only a small set of outcomes imply …
Persistent link: https://www.econbiz.de/10008702106
Persistent link: https://www.econbiz.de/10003389713
Persistent link: https://www.econbiz.de/10003395343
Persistent link: https://www.econbiz.de/10003755034
a burst of inflation that devalues the existing nominal debt stock. The probability of this outcome places upward … pressure on inflation expectations and poses a substantial challenge to a central bank pursuing an inflation target. The … distribution of outcomes for the path of future inflation has a fat right tail, revealing that only a small set of outcomes imply …
Persistent link: https://www.econbiz.de/10012462162
the primary deficit with future values of inflation, interest rates, GDP and narrow money growth and changes in the … through adjustments in the primary deficit (80-100%), with less substantial roles being played by inflation (0-10%) and GDP … growth (0-20%). Focusing on the relation between fiscal imbalances and inflation suggests extremely modest interactions. This …
Persistent link: https://www.econbiz.de/10012466007
This paper quantitatively assesses the effects of inflation shocks on the public debt-to-GDP ratio in 19 advanced … impulse responses by local projections both suggest that a 1 percentage point shock to the inflation rate reduces the debt … higher inflation, even if accompanied by some financial repression, could reduce the public debt burden only marginally in …
Persistent link: https://www.econbiz.de/10012842775
This paper quantitatively assesses the effects of inflation shocks on the public debt-to-GDP ratio in 19 advanced … impulse responses by local projections both suggest that a 1 percentage point shock to inflation rate reduces the debt … higher inflation, even if accompanied by some financial repression, could reduce public debt burden only marginally in many …
Persistent link: https://www.econbiz.de/10012843299