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'public debt'
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Working Paper
Mohamed Boly ; Jean-Louis Combes ; Pascale Combes-Motel ; Menuet, Maxime ; Alexandru Minea ; Patrick Villieu | S.N. | 2019The article explores the relationship between public debt and environmental debt. The latter is defined as the difference between the "virgin state" which is the maximum stock of environmental quality that can be kept intact with natural regener[...]
Working Paper
Yawovi Mawussé Isaac Amedanou | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Working papers | 2022-01This paper aims to show that there is a great interest for countries to rely on Public-Private Partnerships (PPPs) as a tool for financing the economy, especially in times of debt. First, we conceptualize through game theory a bett[...]
Working Paper
Alexandru Minea ; Antoine Parent | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2012In their already-famous 2010 article "Growth-in-a-Time-of-Debt" (AER-100(2)-pp.-573-78), Carmen Reinhart and Kenneth Rogoff show that average post-WW2 economic growth is dramatically declining in advanced economies, once the debt-to-GDP ratio is[...]
Article : Revues - Articles
Jean-Louis Combes, Auteur ; Alexandru Minea, Auteur ; Mousse Ndoye Sow, Auteur |We investigate the reaction of fiscal policy to the business cycle in a panel of 56 developed, emerging anddeveloping economies over 1990–2011. While we strengthen the established finding that fiscal policy iscounter-cyclical, additional outcome[...]
Working Paper
Sèna Kimm Gnangnon | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2012In this study, we examine the effect of structural economic vulnerability of developing countries on their public indebtedness. We perform our econometric analysis by relying on 96 developing countries over the period 1980-2008. The results sugg[...]
Article : Revues - Articles
In a very interesting endogenous growth model, Futagami, Iwaisako, and Ohdoi [Macroeconomic Dynamics 12 (2008), 445-462] study the long-run growth effect of borrowing for public investment. Their model exhibits (i) the ltiplicity of balanced gro[...]
Working Paper
Sèna Kimm Gnangnon | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2012This paper relies on the 'institutional debt rule' implemented in Franc Zone countries to assess whether the structural vulnerability of these countries matter for their probability to enter into excessive indebtedness. This structural vulnerabi[...]
Article : Revues - Articles
Thèses
Yawovi Mawussé Isaac Amedanou, Auteur ; Samuel Guérineau, Directeur de thèse ; Bertrand Laporte, Directeur de thèse | Clermont-Ferrand : Université Clermont Auvergne | 2022EN: Developing countries, in particular those in the WAEMU Zone, are in dire need for financial resources to meet their rising infrastructure requirements in order to strengthen their production capacities and to implement the new multi-objectiv[...]
Working Paper
Menuet, Maxime ; Alexandru Minea ; Patrick Villieu | 2019In a seminal contribution, Schmitt-Grohé and Uribe (JPE, 1997), showed that the balanced-budget rule (BBR) produces aggregate instability in an exogenous growth model with labor tax-based adjustment. The present paper challenges this result in a[...]
