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Boosting fiscal space : the roles of GDP-linked debt and longer maturities

Kim, Jun l.; Ostry, Jonathan David - 2017

Persistent link: https://www.econbiz.de/10012210067

Investment, implicit debt targets and debt maturity

Dia, Enzo; Rispoli, Marco - 2022

Persistent link: https://www.econbiz.de/10014248179

Fiscal Policy with Non-Contingent Debt and the Optimal Maturity Structure

Angeletos, George-Marios - 2003

-contingent, the maturity structure is irrelevant for tax smoothing and thus indeterminate. Are we left with no theory for the optimal …. This in turn provides us with a novel theory for the optimal maturity structure of public debt … theory as irrelevant as it is silent about fiscal policy with non-contingent debt? Second, when debt is assumed state …

Persistent link: https://www.econbiz.de/10014140654

The Short Term Debt vs. Long Term Debt Puzzle : A Model for the Optimal Mix

Lucas, Mike - 2010

This paper argues that the existing finance literature is inadequate with respect to its coverage of capital structure of small and medium sized enterprises (SMEs). In particular it is argued that the cost of equity (being both conceptually ill defined and empirically non quantifiable) is not...

Persistent link: https://www.econbiz.de/10013148755