Construct · 1 fields · 1 citations

interest-growth differential: a standalone construct

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Public finance

the gap between the interest rate on public debt and the economy's growth rate, which decides whether debt ratios shrink without primary surpluses.

In public finance, interest-growth differential refers to the gap between the interest rate on public debt and the economy's growth rate, which decides whether debt ratios shrink without primary surpluses. This meaning comes from Blanchard (2019) in American Economic Review.[1]

Unit
Recovery means
Measured by

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Nearby constructs

debt3 fields · 3 citationsjingle · one word, three carriers growth4 fields · 4 citationsjingle · one word, four constructs interest4 fields · 5 citationsjingle · one word, four constructs

References

Blanchard, O. (2019). Public Debt and Low Interest Rates. American Economic Review, 109(4), 1197-1229. https://doi.org/10.1257/aer.109.4.1197

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