How Do Public Debt Cycles Interact with Financial Cycles? /

We employ a duration model to study determinants of public debt cycles in 57 advanced and emerging economies over the 1960-2014 period, with a particular focus on the impact of financial cycles. The results suggest that the association between financial and debt cycles is asymmetric. Debt expansions...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Poghosyan, Tigran
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2015.
Cyfres:IMF Working Papers; Working Paper ; No. 2015/248
Mynediad Ar-lein:Full text available on IMF