The Motives to Borrow /

Governments issue debt for good and bad reasons. While the good reasons-intertemporal tax-smoothing, fiscal stimulus, and asset management-can explain some of the increases in public debt in recent years, they cannot account for all of the observed changes. Bad reasons for borrowing are driven by po...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Fatas, Antonio
अन्य लेखक: Ghosh, Atish, Panizza, Ugo, Presbitero, Andrea
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/101
ऑनलाइन पहुंच:Full text available on IMF