Měnové dopady veřejného dluhu / Monetary impacts of the public debt
Journal Title: Scientia et Societas - Year 2017, Vol 0, Issue 1
Abstract
The public debt is considered as one of the main indicators describing the macroeconomic stability of the economy and the quality and the sustainability of the fiscal policy of the public sector. Therefore, the sustainability of the public debt and its impacts are analysed in considerable amount of literature. Most of the current papers dedicates firstly to the fiscal impacts of the public debt and to the relationship between the public debt and the indicators representing the aggregate consumption. The goal of this paper is to describe and identify all the forms of the public debt and analyse the impacts of the public debt on individual money aggregates. Besides, the author of this paper would like to contribute to the discussion about the macroeconomic impacts of various forms of the public debt (partially as well of the private debt) and bring attention to the monetary effects of the public debt. The main findings of this paper could serve as an impulse for the future research of the monetary impacts of individual forms of the public debt.
Authors and Affiliations
Michal Strecha
Keywords
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- EP ID EP285315
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