The Role of Domestic Debt Markets in Economic Growth : An Empirical Investigation for Low-Income Countries and Emerging Markets /

We develop a new public domestic debt (DD) database covering 93 low-income countries and emerging markets over the 1975-2004 period to estimate the growth impact of DD. Moderate levels of non-inflationary DD, as a share of GDP and bank deposits, are found to exert a positive overall impact on econom...

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Hlavní autor: Abbas, S. M. Ali
Další autoři: Christensen, Jakob
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2007.
Edice:IMF Working Papers; Working Paper ; No. 2007/127
On-line přístup:Full text available on IMF