Government debt and the returns to innovation
WebJan 22, 2024 · Abstract. Elevated levels of government debt raise concerns about their effects on long-term growth prospects. Using the cross section of US stock returns, we show that (i) high-R&D firms are more exposed to government debt and pay higher expected returns than low-R&D firms; and (ii) higher levels of the debt-to-GDP ratio … WebJan 22, 2024 · Abstract. Elevated levels of government debt raise concerns about their effects on long-term growth prospects. Using the cross section of US stock returns, we …
Government debt and the returns to innovation
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WebJan 18, 2024 · Elevated levels of government debt raise concerns about their effects on long-term growth prospects. Using the cross section of US stock returns, we show that (i) high-R&D firms are more exposed to government debt and pay higher expected returns than low-R&D firms; and (ii) higher levels of the debt-to-GDP ratio predict higher risk … WebNov 8, 2024 · The pressure upon local governments to redeem their debt could affect government fiscal ability. It could consequently affect their fiscal policies on corporations, which might distort corporate ...
WebNov 1, 2024 · In this regard, Croce et al. (2024) found that government debt is a hurdle in the way of technological innovation, primarily because firms with a high incidence of … WebJun 15, 2024 · Summary: Public infrastructure investment boosts the productivity of private capital and labor, leading to higher output, but this positive effect can be offset if the investment is financed with additional government borrowing. PWBM estimates that an illustrative 10-year, $2 trillion public investment plan will raise public capital by 4.6 …
WebJun 1, 2024 · Based on the negative impact of local government debt on green innovation, we argue that local government debt endangers the long-term sustainable green development of the economy. ... In areas where the scale of government debt is rising, banks will lend more cautiously and demand higher returns on loans (Croce et al., … WebApr 10, 2024 · The staff of the Federal Trade Commission asked a federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) to prevent Intercontinental Exchange, Inc. (ICE) from consummating its proposed acquisition of rival mortgage loan technology provider Black Knight, Inc., pending the outcome the FTC’s administrative …
WebGovernment debt and the returns to innovation. M.M. Croce, Thien T. Nguyen, S. Raymond and L. Schmid. Journal of Financial Economics, 2024, vol. 132, issue 3, 205-225 . Abstract: Elevated levels of government debt raise concerns about their effects on long-term growth prospects. Using the cross-section of US stock returns, we show that (i) …
WebA substantial return spread between the most and the least innovative firms is increasing in the debt-to-gdp ratio. We show that rises in the cost of capital for innovation-intensive … is daily turmeric safeWeb5 hours ago · He said it was incumbent on China and other creditors to come forward with actual commitments to allow Zambia to return to sustainable debt levels.3. Staying in Zambia, Science and Technology Minister Felix Mutati told Reuters, the country is planning to finish tests that simulate real-world cryptocurrency usage by the end of June. is dailydot safeWebType of Return: High financial risk and return. Quasi-Equity Debt. Payment Structure: Tied to revenue. Claim on Assets: Subordinated. Type of Return: Medium financial risk and return. Convertible Debt is daily\\u0027s place air conditionedWebMay 18, 2016 · Government Debt and the Returns to Innovation. Abstract Elevated levels of government debt raise concerns about their effects on long-term growth prospects. … is dailyfit.io safeWeb3 hours ago · In the late 1980s and early 1990s, for example, the nation’s debt quadrupled, largely due to big tax cuts. But then, starting in 1992, debt accumulation was reversed. During the remainder of the ... is daily\u0027s place air conditionedWebAug 9, 2024 · The Impact of Innovation. The bond market entered the 21st century coming off its greatest bull market. Long-term bond yields declined from a high of 15% in 1981 to 6% by the end of the century ... is daily\u0027s place outdoorsWebJan 25, 2024 · The Congressional Budget Office estimated the federal government to run a $3.3 trillion deficit for the 2024 fiscal year in a September 2024 report. The 2024 deficit … is dailyflix down