TAILIEUCHUNG - The governance of federal debt in the united states of America

The United State of America has been experiencing high debt to GDP ratio of more than 100% and these Public debts are detrimental. The main purpose of this study was to examine the shocks of the variables on others in the USA economy by using quarterly data. The variance decomposition and the Generalised Impulse Response Function techniques were employed to analyse the data. The result revealed that high variation of shocks in real federal debt is explained by their own innovations in the short run, by CPI followed by real federal debt its self. In the long run, this leads to CPI and real government spending. The GIRF reveals that in the short run, real federal debt responds negatively to shocks from CPI, real federal interest payment and real federal government tax receipts and positively to real federal debt and real government spending. In medium term, only real federal government tax receipts are negative while the others are positive. In the long run, the response are all positive to shock from the independent variables. The results lead to the recommendation that the US government should focus on real federal debt in the short run. In the medium term, US government should focus on increasing real government spending and reducing only real federal government tax receipts. In the long run the target should real be federal debt, CPI, real federal interest payment, real government spending and real federal government tax receipts. | The governance of federal debt in the united states of America

• Kinh tế học
• Sovereign debt
• Variance decomposition
• Generalised impulse repulse function
• United states of america
• United states of America
• Debt overhang
• Debt relief
• MDR initiatives
• Enhanced HIPC
• Sciences and humanities
• Sovereign debt and growth in Zambia
• Determining the tipping point
• Economic growth
• Debt to GDP
• Financial crisis
• Emerging markets
• Subprime crisis
• European sovereign debt crisis
• Financial channels
• Phytoremediation
• Biofortification and Nanoparticles
• Absorption
• Transport and Control Mechanisms
• Defence Strategies
• Annual Plants
• prosperity seemed assured
• Professors Freeman
• devastating disease
• Alzheimers disease
• interventions providing
• straightforward financial
• Carryback Financing
• Partnerships
• Pancreatic Lesion
• Coagulation Disorders
• Clinical Implications
• Expandable Metallic
• Sovereign debt crises
• Global financial systems
• Financial systems
• Currency crisis models
• Financial regulations
• Dangerous financial instruments
• Regulations before the crisis
• Great depression
• Financial bubbles
• Sovereign debt crisis
• Global hunger
• Global economy
• A DCC model
• Global financial crisis
• Exchange rates
• Stock prices and currency contagion
• Special Considerations
• Venous Thromboembolism
• Cancer Patients
• Thrombosis Associated
• Immunomodulatory Agents
• Multiple Myeloma