…1/1 replace episode = episode[_n-1]+1-(debtcat==debtcat[_n-1])*(cntry==cntry[_n-1]) in 2/1175 gen debtct1 = debtgdp<30 gen debtct2 = (debtgdp<60)*(debtgdp>=30) gen debtct3 = (debtgdp<90)*(debtgdp>=60) gen debtct4 = debtgdp>90 gen debtm90 = (debtgdp-90)*(debtgdp>90) gen l5debtgdp =…

…on debt are increasingly unable to pay it off. Many who have not even received diplomas are saddled with the debt. Alan Collinge in his commentary2 gives numbers to the…

…Congressional Budget Office’s baseline will add another $2.9 trillion to the debt. Although most of our national debt was issued when interest rates were low, that debt is rolling over into a…

…to cut rates. Like the ECB, the Swedish central has been under pressure to cut rates to boost sluggish job market with inflation running low. That pressure on the ECB…

…bonds this calendar year. These bonds represented 40% of the new debt issued in emerging markets. Examples of such debt include the $3 billion bond issue of Bahrain, Tajikistan’s $500…

…are debt liabilities more risky for countries than equity? Debt is contractual: the holder of the debt expects to be paid regardless of economic conditions. Equity holders, on the other…

…liabilities. In other words, increasing debt to cover past debt. Firms are lowering future interest rates by stocking up on cash and increasing debt. It looks as though low interest…

…historically the most common form of debt on consumers’ credit reports, representing more than half of all debts on these reports. But the agency found that medical debt is typically…

…the need for debt restructurings. The World Bank pointS out in its most recent Global Economic Prospects that global debt levels in 2020 rose to their highest levels relative to GDP in…

…the federal debt reached its limit on multiple occasions from 2008 to 2011 which led to a series of increases of the debt limit. In 2011, the Treasury asked for…