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...
| Príomhchruthaitheoir: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 2015/248 |
| Rochtain ar líne: | Full text available on IMF |