The macroeconomic effects of public debt : an empirical analysis of Mozambique

Public debt has been rising markedly over the years, which suggests an increase in public expenditure financed by debt instead of taxation. There is no consensus on the economic implications of borrowing to finance public expenditure. We assess empirically the macroeconomic effects of public debt fo...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Ibraimo, Yasfir (author)
Format: workingPaper
Language:eng
Published: 2018
Subjects:
Online Access:http://hdl.handle.net/10400.5/16009
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/16009