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...
मुख्य लेखक: | |
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अन्य लेखक: | , , |
स्वरूप: | पत्रिका |
भाषा: | English |
प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2019.
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श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2019/101 |
ऑनलाइन पहुंच: | Full text available on IMF |