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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Abbas, S. M. Ali
Muut tekijät: Christensen, Jakob
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2007.
Sarja:IMF Working Papers; Working Paper ; No. 2007/127
Linkit:Full text available on IMF