types of national debt in economics

of government debt stimulates aggregate demand and economic growth in the decide exactly what constitutes capital, and many types of spending could

economic benefits of different spending and tax policies Discussion Questions 1 What is the difference between the deficit and the national debt? How are they

22 nov 2015 · Although the budget deficit and the public debt feature prominently in economic research, there is no agreement about how they should be measured encouraged governments to look for forms of financing that need not 

economics advisory practice and a member of Deloitte's Public debt – what is it ? 9 6 Public Debt and Deficits: Designing a Framework for Australia's Future

confirmed by Teles and Mussolini (2014), who find an insignificant debt effect on economic growth in OECD countries However, what is lacking in all studies so 

i) What is the appropriate concept of public debt? Should one take into account economic situation, interest rates or the stance of fiscal policy? iii) What are the 

rising public debt are more likely to have enhanced vulnerability than growth, we 4 The economic rate of return (ROR) on some types of public spending, e g , 

ment debt is irrelevant and has no effect on real economic activity Specifically, if the What is the effect of globalization on the optimal provision of public debt?

quadratic forms) is not found to be significant on average in determining long- term interest rates in our sample The change in the public debt ratio and the