What does a government do when it needs to spend more money than it earns in revenue? In such cases, the government raises funds to cover this shortfall, a process known as deficit financing. This is ...
We examine the macroeconomic, asset pricing, and public debt consequences of deficit financing dividend taxation in a dynamic general equilibrium model featuring partial investment irreversibility.
Governments resort to deficit financing when spending exceeds earnings, often to stimulate growth through tax cuts or infrastructure projects. While crucial for developing nations like India, it risks ...
Amsterdam officials are continuing to pursue deficit financing authorization, but the process is apparently different than how it was initially laid out. Two weeks ago, the Amsterdam Common Council ...
The Town Board is seeking permission from the state Legislature to pursue financing to eliminate an estimated $18 million town deficit. The board Thursday approved the measure by a 4-3 party-line vote ...