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DIVERGENT THEORIES OF NATIONAL DEBT - North Carolina

Although the views of different individuals have varied widely in certain debt at the national level of government are readily discernible.



New views on the optimum currency area theory: what is EMU

different directions a weakening of the analytical framework behind the OCA theory thus option of “inflating away” their national debt in the future.



Government debt management in the euro area - recent theoretical

25 mars 2005 short-term government bills partly with a view to establishing benchmarks in that segment of the capital market. Another development in.



The impact of high and growing government debt on economic

From a policy perspective a negative impact of public debt on economic growth strengthens the arguments for ambitious debt reduction through fiscal.



Scholars at Harvard

theory of debt neutrality called Ricardian equivalence. Finally the paper considers the various normative perspectives about how the government should.



Debt Dynamics Fiscal Deficit

https://www.adb.org/sites/default/files/publication/181400/adbi-wp557.pdf



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Working Paper Series - Debt rule design in theory and practice: the

In both debates the choice of government debt anchor and the speed of From an economic point of view there is widespread agreement that fiscal policies ...



Sovereign Debt WP/22/122

https://www.imf.org/-/media/Files/Publications/WP/2022/English/wpiea2022122-print-pdf.ashx



Understanding the Macro-Financial Effects of Household Debt: A

when including the past three-year change in the government debt to GDP ratio 10 For a different perspective regarding the distributional aspects of ...