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On the Determinants of Hidden Public Debt


Nexus between total natural resource rents and public debt within ...

In disaggregate analysis, coal rent, natural gas rent, forest rent, and mineral rent have asymmetric and negative impact on public debt. •. Oil rent does not ...

(PDF) Factors Determining a 'Safe' Level of Public Debt

The default risk may materialize at different levels of public debt, sometimes seemingly very low. A 'safe' borrowing level is country-specific and depends on ...

Public Debt Reporting in Developing Countries

Recent studies have focused on trying to quantify “hidden debt” (Horn, Reinhart, and Trebesch 2019; WB, IMF 2020a). Current research on key factors that may ...

Inflating Away the Public Debt? An Empirical Assessment

Higher inflation may not only lower the real payments on the outstanding nominal debt but also change primary fiscal surpluses. Our purpose in this paper is to ...

analyzing public debt in the mexican states: spatial convergence ...

... determinants of public debt at the sub- national level in Mexico, the ... can help prevent the accumulation of hidden liabilities that end up becoming more ...

Hidden Public Debt across European Countries

When they grow large, these hidden public debts can cause fiscal and macroeconomic instability. The impacts can depend on the methods used for hiding debt, ...

Government debt: causes, effects and limits - Leopoldina

Determinants of the increase in government debt-to-GDP ratio ... so-called implicit, hidden or prospective public debt. The latter refers to ...

The Unexplained Part of Public Debt

... determinants of debt dynamics. After having explained the importance of the stock-flow reconciliation, the paper shows that this residual entity can be ...

Why 60 and 3 percent? European debt and deficit rules - EconStor

procylicality even though hidden behind the idea that cyclical deficits are justified. ... Equation (1) shows the determinants of public debt in period t, namely ...

A tonne of public debt is never made public - The Economist

The largest revisions relate to other kinds of borrowing from private lenders, such as bank credit, or bilateral loans from governments. Hidden ...

(PDF) Public Debt and its Determinants in Low Income Countries

This paper examines the determinants of public debt dynamics in Low Income Countries (LICs) over the period 1990-2003. Debt dynamics in LICs ...

DOMESTIC AND EXTERNAL PUBLIC DEBT IN DEVELOPING ...

The third focuses on the place of issuance and the legislation that regulates the debt contract (external debt is debt issued in foreign countries and under the ...

Public Debt | Banca d'Italia

Governments can use borrowing to meet exceptional events, to counter economic downturns and to expand infrastructures. On the other hand, the misuse of public ...

Dług publiczny a potęga państwa Public Debt and State Power

THE RESEARCH PROBLEM AND METHODS: Public debt is usually considered as an an economic phenomenon, without considering its political dimension. Factors ...

China announces $1.4 trillion package over five years to tackle local ...

“Factors such as a deep stock market correction, export headwinds ... government debt limit to address hidden debt. Analysts expect an ...

Public Debt and Rising Interest for Post-9/11 War Spending

If war spending ceased immediately, interest payments on the $2 trillion of existing war debt would rise to over $2 trillion by 2030 and to $6.5 ...

Up and away? Inflation and debt consolidation in historical perspective

Abstract. The Global Financial Crisis and the COVID-19 pandemic bequeathed large increases in public debt. At some point governments may seek to bring down.

4442-Costs-and-consequences-of-the-Hidden-Debt-FINAL.pdf

with the period when information about the hidden debts (specifically the EMATUM debt) became public knowledge. ... from, among other factors, the hidden debts.

PUBLIC DEBT AS A DETERMINANT OF THE CONVERGENCE OF ...

Polackova, H., (1998), Government Contingent Liabilities: A Hidden Risk to Financial Stability. Washington: The. World Bank. https://doi.org/10.1596/1813 ...

Why U.S. Debt Must Continue to Rise

If used to fund consumption, household transfers, military spending, and so on, government debt can boost current domestic demand without ...