Inflation and Public Debt Reversals in Advanced Economies /

This paper quantitatively assesses the effects of inflation shocks on the public debt-to-GDP ratio in 19 advanced economies using simulation and estimation approaches. The simulations based on the debt dynamics equation and estimations of impulse responses by local projections both suggest that a 1...

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Autor principal: Fukunaga, Ichiro
Altres autors: Komatsuzaki, Takuji, Matsuoka, Hideaki
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2019.
Col·lecció:IMF Working Papers; Working Paper ; No. 2019/297
Accés en línia:Full text available on IMF