The U.S. Public Debt: Implications for Growth
The increase in the U.S. public debt over the past twelve years raises questions about its implications for investment and economic growth. This paper places these developments within an international and historical context and quantitatively examines the implications of various measures of the curr...
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| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1994
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 94/4 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | The increase in the U.S. public debt over the past twelve years raises questions about its implications for investment and economic growth. This paper places these developments within an international and historical context and quantitatively examines the implications of various measures of the current U.S. public debt-to-GDP ratio on economic growth. The analysis is undertaken through extensions of recently developed endogenous growth models. The results suggest that while higher levels of the public debt may affect long-run economic growth negatively, the order of magnitude is not large enough to be a cause for serious concern |
| Beschreibung: | 1 Online-Ressource (36 p) |
| ISBN: | 1451841973 9781451841978 |
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| spelling | Asilis, Carlos M. Verfasser aut The U.S. Public Debt Implications for Growth Asilis, Carlos M Washington, D.C International Monetary Fund 1994 1 Online-Ressource (36 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 94/4 The increase in the U.S. public debt over the past twelve years raises questions about its implications for investment and economic growth. This paper places these developments within an international and historical context and quantitatively examines the implications of various measures of the current U.S. public debt-to-GDP ratio on economic growth. The analysis is undertaken through extensions of recently developed endogenous growth models. The results suggest that while higher levels of the public debt may affect long-run economic growth negatively, the order of magnitude is not large enough to be a cause for serious concern Online-Ausg http://elibrary.imf.org/view/IMF001/07359-9781451841978/07359-9781451841978/07359-9781451841978.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Asilis, Carlos M. The U.S. Public Debt Implications for Growth |
| title | The U.S. Public Debt Implications for Growth |
| title_auth | The U.S. Public Debt Implications for Growth |
| title_exact_search | The U.S. Public Debt Implications for Growth |
| title_exact_search_txtP | The U.S. Public Debt Implications for Growth |
| title_full | The U.S. Public Debt Implications for Growth Asilis, Carlos M |
| title_fullStr | The U.S. Public Debt Implications for Growth Asilis, Carlos M |
| title_full_unstemmed | The U.S. Public Debt Implications for Growth Asilis, Carlos M |
| title_short | The U.S. Public Debt |
| title_sort | the u s public debt implications for growth |
| title_sub | Implications for Growth |
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