Public debt stability in the People Republic of China rethinking the domar condition and its bond market application.

Public debt stability in the People Republic of China rethinking the domar condition and its bond market application.

The authors find that public debt sustainability depends on the sensitivity of interest rates to changes in government bond supply and demand. This is true in the case of the People Republic of China, Greece, and Japan. This modified fiscal sustainability condition suggests that the opening of capit...

詳細記述

書誌詳細
主要な著者: Yoshino, Naoyuki (著者), Terada-Hagiwara, Akiko (著者), Miyamoto, Hiroaki (著者)
その他の著者: Pratap, Mayank (uathor.)
フォーマット: Electronic Resource
言語:English
出版事項: Manila,Philippines Asian Development Bank 2021
シリーズ:East Asia working papers.
主題:
Finance, Public.
Finance > Government policy > China.
Shipping > Economic aspects > India.
Electronic book.
オンライン･アクセス:https://www.adb.org/publications/public-debt-stability-peoples-republic-china