Public Debt and r - g at Risk /

As interest rate-growth differentials (r-g) turned negative in many countries, governments consider pursuing fiscal expansion and the potential risks involved. Using a large sample of advanced and emerging economies, our analysis suggests that high public debts can lead to adverse future r-g dynamic...

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Hlavní autor: Lian, Weicheng
Další autoři: Presbitero, Andrea, Wiriadinata, Ursula
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2020.
Edice:IMF Working Papers; Working Paper ; No. 2020/137
Témata:
On-line přístup:Full text available on IMF