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...

Полное описание

Библиографические подробности
Главный автор: Fukunaga, Ichiro
Другие авторы: Komatsuzaki, Takuji, Matsuoka, Hideaki
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:IMF Working Papers; Working Paper ; No. 2019/297
Online-ссылка:Full text available on IMF