Numerical Simulation of Non-cooperative and Cooperative Equilibrium Solutions for a Stochastic Government Debt Stabilization Game
Sign Up to like & getrecommendations! Published in 2021 at "Computational Economics"
DOI: 10.1007/s10614-021-10109-6
Abstract: In this article, we consider the impact uncertainty has on policies and realization of targets aimed at the stabilization of government debt. The problem is motivated by the fact that in many countries revenues are… read more here.
Keywords: debt; problem; government debt; government ... See more keywords
Politicians’ coherence and government debt
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DOI: 10.1007/s11127-019-00669-5
Abstract: We model a society that values coherence between the long-term commitment of politicians to given levels of public good provision and current policy. In that context, we suggest a novel mechanism by which issuing government… read more here.
Keywords: politicians coherence; debt; government debt; public good ... See more keywords
Persistent government debt and aggregate risk distribution
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2021.01.004
Abstract: Abstract When government debt is sluggish, consumption exhibits lower expected growth, more long-run uncertainty, and more long-run downside risk. Simultaneously, the risk premium on the consumption claim (Koijen et al. 2010;Lustig et al. 2013) increases and features… read more here.
Keywords: debt; government debt; risk; distribution ... See more keywords
Study on the influencing factors and default risk of government debt
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DOI: 10.1080/09720502.2017.1382159
Abstract: Abstract Taking Chinese SY city as an example and by using the step-wise regression method, this paper firstly analyzed the influencing factors of the size of government debt. Then the BS model and naive model… read more here.
Keywords: influencing factors; default risk; government debt; government ... See more keywords
Performance budgeting: effects on government debt and economic growth
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DOI: 10.1080/13504851.2017.1324607
Abstract: ABSTRACT This article examines the effects of performance budgeting on government debt and economic growth rates. The results show that countries with a higher share of ministries using performance targets in budget negotiation tend to… read more here.
Keywords: government debt; growth; performance budgeting; performance ... See more keywords
Sub-national government debt sustainability in India: an empirical analysis
Sign Up to like & getrecommendations! Published in 2021 at "Macroeconomics and Finance in Emerging Market Economies"
DOI: 10.1080/17520843.2021.1948171
Abstract: Recognizing the increasing precedence of fiscal shocks leading to a deterioration in states’ debt due to the realization of contingent liabilities, this study assesses the debt sustainability of In... read more here.
Keywords: debt sustainability; national government; sub national; government debt ... See more keywords
European handling of implicit and explicit government debt as an obstacle to the funding-type pension reforms
Sign Up to like & getrecommendations! Published in 2017 at "European Journal of Social Security"
DOI: 10.1177/1388262717697746
Abstract: In light of an analysis of Hungarian experience and as a result of the lessons that can be learned from it, I show in this article that the terms of the Stability and Growth Pact… read more here.
Keywords: pension; type pension; explicit government; government debt ... See more keywords
Several explorations on how to construct an early warning system for local government debt risk in China
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DOI: 10.1371/journal.pone.0263391
Abstract: This paper aims to explore several ways to construct a scientific and comprehensive early warning system (EWS) for local government debt risk in China. In order to achieve this goal, this paper studies the local… read more here.
Keywords: government debt; risk; local government; early warning ... See more keywords
Has local government debt crowded out enterprise innovation?
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DOI: 10.1371/journal.pone.0277461
Abstract: This paper tests the impact of local government debt on enterprise innovation based on 2011–2017 A-share non-financial enterprise data from Shanghai and Shenzhen Stock Exchanges. The results show that the relationship between government debt and… read more here.
Keywords: government debt; enterprise innovation; government; local government ... See more keywords
Government Debt and Economic Growth. A Threshold Analysis for Greece
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DOI: 10.1515/peps-2018-0003
Abstract: Abstract This study addresses the issue of threshold effects between general government debt and economic growth in Greece over the period 1970–2016. Using threshold models, there is evidence in favour of a negative association between… read more here.
Keywords: economic growth; debt economic; government debt; growth ... See more keywords
Local Government Debt and Green Total Factor Productivity—Empirical Evidence from Chinese Cities
Sign Up to like & getrecommendations! Published in 2022 at "International Journal of Environmental Research and Public Health"
DOI: 10.3390/ijerph191912425
Abstract: In recent years, the expansion of local government debt (LGD) in China has caused widespread concern. Enhancing green total factor productivity (GTFP) is an important way to coordinate resources, environment, and regional development and is… read more here.
Keywords: development; factor productivity; total factor; local government ... See more keywords