Financing decisions and the "crowding out" effect the case of the Philippines
This study empirically assesses the relevance of the ?crowding out? effect in the case of a developing country, the Philippines. The finding of a ?crowding out? effect from the issue of government debt is not due to a lack of rationality.
| Published in: | Economics Letters 32, 4 (1990). |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Subjects: |