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...
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| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2015/248 |
| Länkar: | Full text available on IMF |