Growth implosions, debt explosions, and my aunt Marilyn
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Growth implosions, debt explosions, and my aunt Marilyn do growth slowdowns cause public debt crises? by William Russell Easterly

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Published by World Bank, Development Research Group, Macroeconomics and Growth in Washington, DC .
Written in English

Subjects:

  • Endogenous growth -- Econometric models,
  • Debts, Public -- Econometric models

Book details:

Edition Notes

StatementWilliam Easterly.
GenreEconometric models.
SeriesPolicy research working paper ;, 2531, Policy research working papers (Online) ;, 2531.
ContributionsWorld Bank. Development Research Group. Macroeconomics and Growth.
Classifications
LC ClassificationsHG3881.5.W57
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL3669268M
LC Control Number2002616097

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Growth implosions, debt explosions, and my Aunt Marilyn: Do growth slowdowns cause public debt crises?1 William Easterly World Bank Abstract: The worldwide growth slowdown after was a major negative fiscal shock; lower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. Easterly, william, "Growth implosions, debt explosions, and my Aunt Marilyn: do growth slowdowns cause public debt crises?," Policy Research Working Paper Series , The World Bank. Handle: RePEc:wbk:wbrwps The worldwide slowdown in growth after was a major negative fiscal shock. Slower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt Cited by: CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): The worldwide growth slowdown after was a major negative fiscal shock; lower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. Most countries failed to adjust to the negative fiscal consequences of the growth implosion and so public debt to.

Growth implosions, debt explosions, and my Aunt Marilyn: do growth slowdowns cause public debt crises? (English) Abstract. The worldwide slowdown in growth after was a major negative fiscal shock. Slower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. “Easterly, william. Growth Implosions, Debt Explosions, and My Aunt Marilyn: Do Growth Slowdowns Cause Public Debt Crises?. Policy Research Working Paper;No. Growth Implosions, The worldwide slowdown in Debt Explosions, growth after played an important role in the debt and My Aunt Marilyn crisis of the middle-income countries in the s, the crisis of the heavily indebted Do Growth Slowdowns Cause poor countries in the l s Public Debt Crises? and 1 s, and the increased public debt.   Growth implosions and debt explosions: Do growth slowdowns cause public debt crises?1 William Easterly World Bank January Abstract: The worldwide growth slowdown after was a major negative fiscal shock; lower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome.

Growth implosions and debt explosions Do growth slowdowns cause public debt crises? Published at By William Easterly, Center for Global Development and My Aunt Marilyn. Growth Implosion: The World Growth Slowdown Get this from a library! Growth implosions, debt explosions, and my aunt Marilyn: do growth slowdowns cause public debt crises?. [William Russell Easterly; World Bank. Development Research Group. Macroeconomics and Growth.].   The worldwide growth slowdown after was a major negative fiscal shock; lower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. Most countries failed to adjust to the negative fiscal consequences of the growth implosion and so public debt to GDP ratios exploded. Growth implosions, debt explosions, and my Aunt Marilyn.