EurozoneFinance and BankingFiscal policyGlobal MacroGreeceIsraelItalyJapanMonetary PolicyU.S. Debt
Overt Money Financing and Public Debt
Purpose and Concepts The purposes of this brief note are two-fold: first, to establish, by country, the extent to which public sector borrowing contributed to the rise in public debt over the period since 2008; and, second, to draw some policy inferences. The two indicative fiscal parameters used in this analysis are: Borrowing = general ... Read more