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Indebted and Overweight: The Link Between Weight and Household Debt
obesity credit card debt propensity score matching
2012/10/19
There is a substantial correlation between household debt and bodyweight. Theory suggests
that a causal relationship between debt and bodyweight could run in either direction or both
could be caused...
The Interdependence of R&D Activity and Debt Financing of Young Firms
innovation financing capital structure business start-ups KfW/ZEW Start-up Panel Germany
2012/10/18
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are ...
A Challenge for the G20: Globally Stipulated Debt Brakes and Transnational Independent Fiscal Supervisory Councils
debt brake fiscal council G20
2012/10/19
Debt-to-GDP ratios have grown to unprecedented levels in many industrialized economies. This requires disciplined consolidation efforts which are, however, supposed to come now at the wrong time with ...
Debt Portfolios
household debt portfolios housing collateral bankruptcy commitment income risk
2012/10/30
We provide a model with endogenous portfolios of secured and unsecured household debt. Secured debt is collateralized by owner-occupied housing whereas unsecured debt can be discharged according to ba...
The introduction of International Financial Reporting Standards (IFRS) in accounting for Private Finance Initiative (PFI) assets has led to media comment about the impact on the Government's debt meas...
Government financial liabilities beyond public sector net debt
Government financial liabilities public sector net debt
2009/11/3
This article clarifies the scope of liabilities used to calculate public sector net debt before focussing on the liabilities that are not included. National accounting principles are compared with int...
Government Debt as Insurance against Macroeconomic Risk
Stochastic OLG model government debt macroeconomic risk
2013/10/18
Is there a role for debt beyond curing overaccumulation of capital? Does dynamic efficiency and the infeasibility of debt Ponzi schemes eliminate any Pareto-improving role for a government in a compet...