public debtconstitutional restrictions on public debtfiscal and tax consequences of public debtThis article compares how German and American constitutional frameworks shape alternative approaches for legislative self-discipline regarding public debt. TheUtz, Stephen...
Public DebtUnited StatesJapanDebt SustainabilityDeficitsThis paper applies the probabilistic debt sustainability model developed for the euro area in Cline (2012, 2014) to sovereign debt in the United States and Japan. The results indicate that to avoid further increases in the expected ratio of ...
public debtstructural breaksnonlinearityThis article investigates the short-term dynamics of public debts in the United States and the United Kingdom over more than four decades. We check for structural changes in the data and assess nonlinearity and switching-regime hypotheses using several linearity ...
UN Trade and Development said “cascading crises” and the sluggish and uneven performance of the global economy underpinned the rapid increase in global public debt, which is rising at twice the rate in developing countries than in richer ones. The U...
"Public debt" can be very costly to a government, as interest must be paid on any total. In the United States, the US government is expected to spend over $700 billion dollars in net interest spending by the year 2020. Ouch. -- ...
Former Federal Reserve Chairman Alan Greenspan has warned that the rising public debt in the United States could lead to the next economic recession. During an interview with Bloomberg Television in November 2018, Greenspan said he saw "a lot of talk but no realistic movement" to address the pr...
UNITED StatesPUBLIC debtsGREAT Recession, 2008-2013BALANCE of tradeLIQUIDITY (Economics)SELF-insuranceRISK sharingNo abstract is available for this item.doi:10.1111/manc.12193Enrique G. MendozaJohn Wiley & Sons, Ltd.The Manchester SchoolMENDOZA, E. G. (2017). "The Public Debt Crisis of the ...
In the United States, althoughpublic sector debthas increased significantly since 2008, private sector debt has declined. 在美国,公共部门债务自2008年以来显著增加,但私人部门债务已经下降。 UN-2 Consequently, the rising deficit pushed thepublic sector debtto 101 per cent of GDP by 2003. ...
In terms of the ratio of its public debt and public deficit to GDP the United States lies in the middle of the pack of industrial countries. The period since 1980 is the only peacetime period outside the Great Depression to see a sustained increase in the debt-GDP ratio. The budgetary ...
11, 2001, attacks on the United States and the U.S. invasion of Iraq, led to new deficits and an increase in the national debt. In the financial crisis that began in 2007 and the subsequent recession, the U.S. government's efforts under Presidents Bush and Barack Obama to stabilize ...