TITLE

Some macroeconomic implications of rising levels

AUTHOR(S)
Macklem, Tiff
PUB. DATE
December 1994
SOURCE
Bank of Canada Review;Winter94/95, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Considers some of macroeconomic implications of rising levels of government indebtedness and provides illustrative calculations of their importance in the Canadian context. Review of the simple arithmetic that links the level of government debt, the deficit, taxes and expenditures; Three broad categories of government's expenditures; Some effects of government debt on real economic activity; Effects of higher levels of government debt in Canada. INSET: Calculation of net...
ACCESSION #
9709171062

 

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