Public debt and inequality in a context of financial openness
This study analyzes the influence of inequality and financial internationalization on public indebtedness, by controlling for traditional determinants of public debt and using dynamic panel data estimators. The first two factors have shown many changes in the last two decades with a marked heterogen...
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| Formato: | Objeto de conferencia |
| Lenguaje: | Inglés |
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2019
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| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/123002 |
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I19-R120-10915-1230022024-03-05T16:59:25Z http://sedici.unlp.edu.ar/handle/10915/123002 Public debt and inequality in a context of financial openness Carrera, Jorge Eduardo De La Vega, Pablo 2019-11 2019 2021-08-19T17:16:12Z en Ciencias Económicas Inequality Public debt Panel data International comparison Financial openness This study analyzes the influence of inequality and financial internationalization on public indebtedness, by controlling for traditional determinants of public debt and using dynamic panel data estimators. The first two factors have shown many changes in the last two decades with a marked heterogeneity between different regions and countries, while the public debt has evidenced a generalized increasing trend. We assume that, in the context of greater access to financial markets, increasing inequality induce governments to issue more debt to offset the negative impact of inequality on the economic growth, the fiscal deficit and financial stability. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf |
| institution |
Universidad Nacional de La Plata |
| institution_str |
I-19 |
| repository_str |
R-120 |
| collection |
SEDICI (UNLP) |
| language |
Inglés |
| topic |
Ciencias Económicas Inequality Public debt Panel data International comparison Financial openness |
| spellingShingle |
Ciencias Económicas Inequality Public debt Panel data International comparison Financial openness Carrera, Jorge Eduardo De La Vega, Pablo Public debt and inequality in a context of financial openness |
| topic_facet |
Ciencias Económicas Inequality Public debt Panel data International comparison Financial openness |
| description |
This study analyzes the influence of inequality and financial internationalization on public indebtedness, by controlling for traditional determinants of public debt and using dynamic panel data estimators. The first two factors have shown many changes in the last two decades with a marked heterogeneity between different regions and countries, while the public debt has evidenced a generalized increasing trend. We assume that, in the context of greater access to financial markets, increasing inequality induce governments to issue more debt to offset the negative impact of inequality on the economic growth, the fiscal deficit and financial stability. |
| format |
Objeto de conferencia Objeto de conferencia |
| author |
Carrera, Jorge Eduardo De La Vega, Pablo |
| author_facet |
Carrera, Jorge Eduardo De La Vega, Pablo |
| author_sort |
Carrera, Jorge Eduardo |
| title |
Public debt and inequality in a context of financial openness |
| title_short |
Public debt and inequality in a context of financial openness |
| title_full |
Public debt and inequality in a context of financial openness |
| title_fullStr |
Public debt and inequality in a context of financial openness |
| title_full_unstemmed |
Public debt and inequality in a context of financial openness |
| title_sort |
public debt and inequality in a context of financial openness |
| publishDate |
2019 |
| url |
http://sedici.unlp.edu.ar/handle/10915/123002 |
| work_keys_str_mv |
AT carrerajorgeeduardo publicdebtandinequalityinacontextoffinancialopenness AT delavegapablo publicdebtandinequalityinacontextoffinancialopenness |
| _version_ |
1807220624486039552 |