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...
| Հիմնական հեղինակներ: | , , |
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| Ձևաչափ: | Հոդված |
| Լեզու: | English |
| Հրապարակվել է: |
University of Warsaw
2017-01-01
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| Շարք: | Journal of Banking and Financial Economics |
| Առցանց հասանելիություն: | https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1067&context=jbfe |