Public Debt and Financial Development: a Theoretical Exploration

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Date

2012

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier Science Sa

Open Access Color

Green Open Access

No

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Average
Influence
Top 10%
Popularity
Top 10%

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Abstract

In countries where the government is the major recipient of bank lending, public debt is likely to harm financial development. Moreover, the lower the financial depth, the greater the adverse effects of public borrowing on financial development and macroeconomic outcomes. (C) 2012 Elsevier B.V. All rights reserved.

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Keywords

Financial development, Credit to government, Public debt, Financial sector; credit to government; public debt., financial development, Macroeconomic theory (monetary models, models of taxation), public debt, credit to government

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Fields of Science

Citation

WoS Q

Q2

Scopus Q

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OpenCitations Citation Count
31

Source

Economics Letters

Volume

115

Issue

3

Start Page

348

End Page

351

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Citations

CrossRef : 30

Scopus : 28

Captures

Mendeley Readers : 76

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3.36495833

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3

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5

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16

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