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debt in Romania and other ex-socialist economies, emphasising the need to prioritise the quality of debt management through … the agency of the investment factor derived from the overall impact of public debt, and the final conclusions emphasise … emphasis on the case of Romania …
Persistent link: https://www.econbiz.de/10013010420
Persistent link: https://www.econbiz.de/10011885754
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municipalities crowds out private investment. Our results show how crowding out can happen in a developed economy characterized by … low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany’s banking landscape … market power to charge higher rates on their SME customers. This crowded out firm investment. Perversely, fiscal …
Persistent link: https://www.econbiz.de/10012796947
municipalities crowds out private investment. Our results show how crowding-out can happen in a developed economy characterized by … low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany’s banking landscape … market power to charge higher rates on their SME customers. This crowded out firm investment. Perversely, fiscal …
Persistent link: https://www.econbiz.de/10013238232
municipalities crowds out private investment. Our results show how crowding-out can happen in a developed economy characterized by … low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking landscape … market power to charge higher rates on their SME customers. This crowded out firm investment. Perversely, fiscal …
Persistent link: https://www.econbiz.de/10012488747
Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to … firms in Germany's locally segmented credit markets. The ensuing crowding-out was made worse by increased municipal …
Persistent link: https://www.econbiz.de/10013347219
Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to … firms in Germany’s locally segmented credit markets. The ensuing crowding-out was made worse by increased municipal …
Persistent link: https://www.econbiz.de/10013492529
Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to … firms in Germany's locally segmented credit markets. The ensuing crowding out was made worse by increased municipal …
Persistent link: https://www.econbiz.de/10014464205