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Let us say that Argentina has a debt to GDP ratio of 75% today. Additionally, Argentinean government runs a deficit of 2.5% of GDP every
Let us say that Argentina has a debt to GDP ratio of 75% today. Additionally, Argentinean government runs a deficit of 2.5% of GDP every period. The interest rate at which Argentina borrows is 15% while the current interest rate in Argentina is 100% and the growth rate is 10%. What will be the debt to GDP ratio two years from now
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
4th edition
978-0324581621, 324581629, 324660545, 978-0324660548
