Public Debt and Financial Development: a Theoretical Exploration
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Date
2012
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier Science Sa
Open Access Color
Green Open Access
No
OpenAIRE Downloads
OpenAIRE Views
Publicly Funded
No
BIP! Indicators
Impulse
Average
Influence
Top 10%
Popularity
Top 10%
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.
Description
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
Fields of Science
Citation
WoS Q
Q2
Scopus Q
OpenCitations Citation Count
33
Source
Economics Letters
Volume
115
Issue
3
Start Page
348
End Page
351
PlumX Metrics
Citations
CrossRef : 30
Scopus : 29
Captures
Mendeley Readers : 76
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