The motives to borrow
Governments issue debt for good and bad reasons. While the good reasons-intertemporal tax-smoothing, fiscal stimulus, and asset management-can explain some of the increases in public debt in recent years, they cannot account for all of the observed changes. Bad reasons for borrowing are driven by po...
| Главный автор: | Fatás, A. (Antonio) |
|---|---|
| Другие авторы: | Ghosh, Atish R., Panizza, Ugo |
| Формат: | Электронная книга |
| Язык: | English |
| Публикация: |
[Washington, D.C.]
International Monetary Fund,
[2019]
|
| Серии: | IMF working paper ;
WP/19/101. |
| Предметы: | |
| Online-ссылка: | EBSCOhost Перейти в каталог НБ ТГУ |
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