Implications for Debt in the Long Run
The Long-Run Optimum Level of Public Debt
... public debt, T t tax revenues and T R t a lump sum transfer to households that amounts to zero at the equilibrium 1 ...public debt B such that A t = K t + B t ...the long-run structure of this ...
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Long-Run Debt Ratios with Fiscal Fatigue
... stable debt ratio coincides with its actual (end-2015) value for Germany but is far smaller for the other four ...members’ long-run debt ratios lie between 65 and 75 percent; they are lower ...
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Short and long run determinants of sovereign debt credit ratings
... rating by around 0.17 notches for Moody’s and S&P, while an increase of 6 percent of GDP per capita improves the rating by 0.1 notches. Regarding the fiscal variables, the coefficient of the government debt-to-GDP ...
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Taxation, Debt and Relative Prices in the Long Run: The Irish Experience
... non-negligible implications for the ...the long-run path of relative prices is important for understanding inflation ...public debt play significant roles in the long run, ...
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External Debt and Economic Growth in Nigeria: Long Run Analysis
... External Debt and Economic Growth in Nigeria: Long Run ...external debt in economic growth of developing countries has been questioned since there has been a high incidence of default, low ...
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Long run consequences of debt in a stock flow consistent network economy
... of debt, which is seen as an extra resource to finance – otherwise not affordable– productive investments or to implement welfare-enhancing consumption ...public debt to a lower pace of capital accumulation ...
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Short-run and long-run effects of public debt on economic performance: Evidence from EMU countries
... Therefore, the analysis in this paper centres on EMU countries – both central (Austria, Belgium, Finland, France, Germany and the Netherlands) and peripheral (Greece, Ireland, Italy, Portugal, and Spain). However, unlike ...
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Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View
... other long-run coefficients roughly support the predictions of a human capital augmented neoclassical growth ...to long-term output losses. Capital flows increase growth in the short-run but ...
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Long Run Association between Public Debt and Economic Growth in Sri Lanka
... public debt to finance the budget deficit since its independence from British in ...the long run of public debt on economic growth of the country for the period 1977 to 2012 using time series ...
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The Analysis of the Impact of Depreciation on External Debt in Long Run: Evidence From Croatia
... external debt is undoubtedly related to budget deficit, current account deficit and exchange rate depreciation, but the connection between external debt and these three components is more significant in ...
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The Long-Run Performance Following Convertible Debt Offerings: Does The Design Matter?
... the long-run stock price profitability of firms over the period surrounding the issuance of CBs in US ...the long-run performance of the issuing ...a debt-like, mixed or equity-like ...
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The Long-Run Relationship Between Public Debt and Economic Growth in Advanced Economies
... between debt and growth and do not tackle the interim relationships predicted by the ...their long-run estimation on cointegration and do not model growth ...consider debt to GDP ratio, real ...
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Payoffs of Education Expenditure In Botswana: Long Run Economic Growth Implications
... Practical Implications This study attempted to determine the long run relationship between GDP and expenditure on education and skills ...the long run economic growth and ...
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Payoffs of Education Expenditure In Botswana: Long Run Economic Growth Implications
... Practical Implications This study attempted to determine the long run relationship between GDP and expenditure on education and skills ...the long run economic growth and ...
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Declining Discount Rates: Economic Justifications and Implications for Long-Run Policy
... optimal long-run trajectory of the decline in discount ...have implications for cost-benefit analyses of long-run policies, in general, as well as the ranking of projects with immediate ...
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Long-Run Implications of Alternative Emission Trading Plans: An Experiment with Robot Traders
... Long-Run Implications of Alternative Emission Trading Plans: An Experiment with Robot Traders. Introduction There are two distinct approaches to emissions trading: cap-and-trade or ...
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Debt, Inflation and Growth: Robust Estimation of Long-Run Effects in Dynamic Panel Data Models
... estimating long-run e¤ects of debt and in‡ation on eco- nomic growth in a panel of 40 countries over the period ...have run into debt di¢ culties and experienced subdued growth at ...
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Increased Shareholder Power and Its Long-run Macroeconomic Effects in a Kaleckian Model with Debt Accumulation
... the long-run rate of capital accumulation, and hence they focus only on the short-run eff ects of fi nancial- ...the long-run case where debt and capital accumulation ...
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The Short and Long-Run Implications of Budget Deficit on Economic Growth in Nigeria (1980-2011)
... resultant debt can increase economic growth by pumping liquidity into the ...the long run, the resultant debt is damaging because of higher interest ...on debt; alternatives to budget ...
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Testing the long run implications of the expectation hypothesis using cointegration techniques with structural change
... The model under this restriction can be estimated using GRRR and a likelihood ratio test can be formulated to test the validity of this hypothesis. Then the hypothesis that the common trends remain the same during the ...
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