The Liquidation of Government Debt
收藏NBER2011-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16893
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Historically, periods of high indebtedness have been associated with a rising incidence of default or restructuring of public and private debts. A subtle type of debt restructuring takes the form of "financial repression." Financial repression includes directed lending to government by captive
从历史视角来看，高负债阶段往往与公共及私人债务违约或重组事件的发生率上升存在关联。一类隐蔽的债务重组形式为「金融抑制（financial repression）」。金融抑制涵盖由受约束主体向政府开展的定向放贷
提供机构：
美国国家经济研究局
创建时间：
2011-03-01
