11
Jan 2016

14:15 - 15:45
IWH Research Seminar

Financial Integration and the Growth of Public Debt

We show that in the overlapping generations model, global financial integration may lead to higher levels of public debt by externalizing its crowding-out effect.

Who
Mark Roberts  (University of Nottingham)
Where
IWH conference room

We show that in the overlapping generations model, global financial integration may lead to higher levels of public debt by externalizing its crowding-out effect. Another implication is that cross-country studies will understate the negative effect of public debt on economic growth if debt markets are globally integrated.

Whom to contact

Felix Pohle
Felix Pohle
Economist

If you have any further questions please contact me.

+49 345 7753-865 Request per E-Mail
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