Inflation and Public Debt Reversals in the G7 Countries
This paper investigates the impact of low or high infl ation on the public debt-to-GDP ratio in the G-7 countries. Our simulations suggest that if infl ation were to fall to zero for fi ve years, the average net debt-to-GDP ratio would increase by about 5 percentage points during that period. In...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Warsaw
2017-01-01
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| Series: | Journal of Banking and Financial Economics |
| Online Access: | https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=198310 |