How do domestic and global factors shape governments' capacity to issue debt in primary
capital markets? Consistent with the 'democratic advantage', we identify domestic …

Wagner's Law is the first model of public spending in the history of public finance. The aim of
this study is to assess its empirical evidence in Italy for the period 1960–2008 at a …

Governments interact strategically with sovereign bond market creditors: they make choices
not only about how often and how much to borrow, but also under what terms. The …

We investigate the evolution of public debt management, the policy behaviour of debt
managers, and the interaction of debt management with financial stability and monetary …

Do sovereign bond markets react systematically to microeconomic policy reforms? Some
observers suggest that investors are very attentive to supply‐side policies such as those …

Esta dissertação versa sobre o controle do endividamento dos Estados, do Distrito Federal
e dos Municípios, analisando as questões jurídicas daí decorrentes em face da sua autono …

This note describes the results of a 2013 World Bank survey of member countries about their
debt management strategies. Out of a sample of 117 participating countries, 60% of …

The purpose of this paper is to examine the relationship between GDP growth rate and
external debt over the period of 1964-2012. The study used time series data obtained from …

Public debt is defined as the overall state obligations to its creditors. The public debt is
closely related to the budget deficit, since they are opposite sides of the same coin. Thus …

This thesis examines public debt in Brazil in the post-1994 period with specific emphasis on
financialisation and the role of government bonds in this process. It deploys a Marxist …