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Transcript
COURSE “MACROECONOMIC POLICY” PROF. MARTIN GILMAN Master class 27 April 2015 US PUBLIC DEBT TO GDP SINCE 1970 US DEBT AND GDP SINCE 1952 US PRIVATE SECTOR FINANCIAL SURPLUS US 10 YR TR SINCE 1800 US BUYBACKS AND DIVIDENDS SINCE 2004 US cash holdings of companies from 1960 US CURRENT ACCOUNT SINCE 2000 OEСD DELEVERAGING SINCE 2000 ADVANCED ECONOMICS ARE THE MOST INDEBTED IN THE WORLD UK SECTORAL NET LENDING OBR GLOBAL GROWTH (SOURCE IMF) OECD TOTAL DEBT GDP SINCE 2000 WITH GERMANY WHAT GREECE OWES AND WHEN? HISTORICAL EXITS FROM ROGOFF AND REINHART SOVEREIGN DEFAULT AND PRIMARY BUDGET BALANCES OF SELECTED COUNTRIES
