AbstractA brief examination of public and private debt suggests that the relation between the two is highly significant, and that recent concerns about the need for austerity are misplaced.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 24303.
Date of creation: 08 Aug 2010
Date of revision:
debt; public debt; private debt; debt ratios;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- A10 - General Economics and Teaching - - General Economics - - - General
- G01 - Financial Economics - - General - - - Financial Crises
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-08-21 (All new papers)
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