Arbeitspapier
Fiscal-Financial Vulnerabilities
The paper analyses the linkages from financial developments to public finances. It maps and discusses the transmission channels to fiscal variables. These channels include asset prices, financing conditions, balance sheets of banks, non-banks and central banks and international linkages. The study argues that the fiscal effects via each and all these channels can be very serious in magnitude and can put the sustainability of public finances at risk. However, there is only limited in–depth analysis of these channels and risks.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 7776
- Klassifikation
-
Wirtschaft
Fiscal Policy
Financial Crises
National Debt; Debt Management; Sovereign Debt
- Thema
-
public debt
deficits
financial stability
fiscal financial linkages
sustainability
asset prices
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Schuknecht, Ludger
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Schuknecht, Ludger
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2019
Ähnliche Objekte (12)
Fiscal-financial vulnerabilities
Fiscal-financial vulnerabilities
G20 safeguards digital economy vulnerabilities with financial sector focus
Non-bank financial institutions and banks' fire-sale vulnerabilities
COVID-19, policy interventions, credit vulnerabilities and financial (in)stability
Macro-financial vulnerabilities and future financial stress: Assessing systemic risks and predicting systemic events
Macro-financial vulnerabilities and future financial stress: assessing systemic risks and predicting systemic events
Financial Cycles and Fiscal Multipliers
Financial Fragility and the Fiscal Multiplier
Interest Rate Spillovers from the United States: Expectations, Term Premia and Macro-Financial Vulnerabilities
Interest rate spillovers from the United States: expectations, term premia and macro-financial vulnerabilities
Russian fiscal policy during the financial crisis
Fiscal-financial vulnerabilities
Fiscal-financial vulnerabilities
G20 safeguards digital economy vulnerabilities with financial sector focus
Non-bank financial institutions and banks' fire-sale vulnerabilities
COVID-19, policy interventions, credit vulnerabilities and financial (in)stability
Macro-financial vulnerabilities and future financial stress: Assessing systemic risks and predicting systemic events
Macro-financial vulnerabilities and future financial stress: assessing systemic risks and predicting systemic events
Financial Cycles and Fiscal Multipliers
Financial Fragility and the Fiscal Multiplier
Interest Rate Spillovers from the United States: Expectations, Term Premia and Macro-Financial Vulnerabilities
Interest rate spillovers from the United States: expectations, term premia and macro-financial vulnerabilities
Russian fiscal policy during the financial crisis
Fiscal-financial vulnerabilities
Fiscal-financial vulnerabilities
G20 safeguards digital economy vulnerabilities with financial sector focus
Non-bank financial institutions and banks' fire-sale vulnerabilities
COVID-19, policy interventions, credit vulnerabilities and financial (in)stability
Macro-financial vulnerabilities and future financial stress: Assessing systemic risks and predicting systemic events
Macro-financial vulnerabilities and future financial stress: assessing systemic risks and predicting systemic events
Financial Cycles and Fiscal Multipliers
Financial Fragility and the Fiscal Multiplier
Interest Rate Spillovers from the United States: Expectations, Term Premia and Macro-Financial Vulnerabilities
Interest rate spillovers from the United States: expectations, term premia and macro-financial vulnerabilities