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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Hlavní autor: Fukunaga, Ichiro
Další autoři: Komatsuzaki, Takuji, Matsuoka, Hideaki
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/297
On-line přístup:Full text available on IMF