Inflation and Public Debt Reversals in the G7 Countries /

This paper investigates the impact of low or high inflation on the public debt-to-GDP ratio in the G-7 countries. Our simulations suggest that if inflation were to fall to zero for five years, the average net debt-to-GDP ratio would increase by about 5 percentage points over the next five years. In...

Celý popis

Podrobná bibliografie
Hlavní autor: Akitoby, Bernardin
Další autoři: Binder, Ariel, Komatsuzaki, Takuji
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2014.
Edice:IMF Working Papers; Working Paper ; No. 2014/096
On-line přístup:Full text available on IMF