Government Debt and Fixed Capital Formation Nexus: Effects of the Interest Rate and Monetary Policy Credibility Channels

Author:

Ndou Eliphas,Gumata Nombulelo

Publisher

Springer Nature Switzerland

Reference11 articles.

1. Elmendorf, D. W., & Mankiw, N. G. (1999). Government debt. In J. B. Taylor & M. Woodford (Eds.), Chapter 25 Handbook of macroeconomics, 1C. Elsevier.

2. Engen, E. M., & Hubbard, R. G. (2005). Federal government debt and interest rate. In M. Gertler & K. Rogoff (Eds.), NBER macroeconomic annual 2004. MIT Press.

3. Gale, W. G., & Orszag, P. (2003). Economic effects of sustained budget deficits. National Tax Journal, 56, 463–485.

4. Gumata, N., & Ndou, E. (2017). Bank credit extension and real economic activity in South Africa: The impact of capital flow dynamics, bank regulation and selected macro-prudential tools. Palgrave Macmillan.

5. Hubbard, G. (2012). Consequences of government deficits and debt. International Journal of Central Banking, 8, 203–205.

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