Political Disagreement, Lack of Commitment and the Level of Debt

Ricardo Nunes and Davide Debortoli

No 725, 2007 Meeting Papers from Society for Economic Dynamics

Abstract: debt is sensibly increasing in the degree of political disagreement. Lower degree of commitment drives debt toward zero, while the frequency of political turnover does not produce relevant effects.

Date: 2007
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Related works:
Working Paper: Political Disagreement, Lack of Commitment and the Level of Debt (2011)
Working Paper: Political disagreement, lack of commitment and the level of debt (2008)
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