D., (1990), "Government Debt and the Demand for Money: An Extreme Bound Analysis", Economic Enquiry, Vol. 28, pp. 390-401.K.M Deravi, C.E Hegji, and D.H Moberly, Government Debt and the Demand for Money: An Extreme Bound Analysis, 28 Economic Inquiry April 390-401 (1990)....
The article provides evidence that there is a relationship between government debt and interest rates via the demand for money. This relationship is examined through the wealth effect of government debt on money demand, and the robustness of the results is tested by the use of extreme bound analy...
pay to the Government as a principal debtor on demand from the Government whenever the Debt has become due and payable by the Student. sfaa.gov.hk 彌償人現向特區政府作出契諾,如學生應繳的債項已到期,他/她會以主要債務人身份,應特區政 府的 要 求, 立即 向特區政府償還到期應繳的債項。 sf...
Using a novel identification approach based on financial accounts and focusing on 18 advanced economies over the period 1995-2011, this paper estimates the long-term elasticity of the demand for government securities. We find that public debt does matter: each percentage point increase in the ratio...
This paper studies the demand for mortgage debt in the Netherlands. Currently the size of this debt exceeds that of GDP, which makes is interesting to look at its determinants. We argue that the absence of a downpayment constraint is important and focus on two other issue. The first is the...
We advanced reforms to divide fiscal powers and spending responsibilities between central and local governments, improved the system for managing local government debt, and established an individual income tax system based on both adjusted gross income and specific income types. We promoted reform of ...
a亚洲的凌辱 Asia's humiliation[translate] aGovernment debt markets have also benefited from aggressive support from the major central banks and another round of unorthodox policy. 政府债务市场也受益于进取的支持从主要中央银行和非正统的政策另一个圆。[translate]...
Needed: More Government, More Government Debt, Less Worry: The Honest Broker for the Week of July 12, 2015 Over at Equitable Growth:Introduction Olivier Blanchard, when he parachuted me into this panel, asked me to “be provocative”.
We deepened reform of the budget management system and boosted budget transparency. We advanced reforms to divide fiscal powers and spending responsibilities between central and local governments and improved the system for managing local government debt. We established an individual income tax system base...
3.1 percent. Especially, real estate investment recorded a negative growth of 9.1 percent, a drag within the larger category. As for core price indicators, the consumer price index and producer price index grew at 0.4 percent and negative 3.1 percent respectively, revealing low aggregate demand. ...