An empirical investigation of the strategic use of debt

Detta är en avhandling från Uppsala: Department of Economics, Uppsala University

Författare: Per Pettersson; Uppsala Universitet.; [1999]

Nyckelord: Fiscal policy; Debt; Political economy;

Sammanfattning: In this paper I test two models of strategic debt behavior. The general idea is that if a government anticipates the possibility of defeat in the next election it will try to use the debt strategically in order to influence the policy of its successor. Pr

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