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12. Qui va supporter le coût de la réduction des taux d’endettement publics ?

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  • Patrick Artus
  • Isabelle Gravet

Abstract

Depending on the methods used, different types of actors can bear the reduction cost of public debt. Government choices of the euro-zone will have to take into account the main actors? groups who will bear the cost of a public debt decrease. A default on a part of the debt appears to be unthinkable because public and private pension systems hold massive amounts of public debts. In order to avoid future generations and low-income household to take a burden of public debt decrease, monetisation has to be favoured, either through a sale of assets at their present value, or through an increase of direct tax on households.

Suggested Citation

  • Patrick Artus & Isabelle Gravet, 2015. "12. Qui va supporter le coût de la réduction des taux d’endettement publics ?," Regards croisés sur l'économie, La Découverte, vol. 0(2), pages 191-202.
    • Handle: RePEc:cai:rcedec:rce_017_0191
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