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Government Debt and Stock Returns

ClearMoney

Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. Belgium (1983–2003) and Italy (1992–2018) chipped in 21- and 27-year runs, respectively. Global Debt Database.” Palgrave Macmillan.

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Is $22 Trillion a Tipping Point?

ClearMoney

Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. Belgium (1983–2003) and Italy (1992–2018) chipped in 21- and 27-year runs, respectively. 3General government debt from OECD (2021).