Symposium 2012

Presentations of the Symposium "Government Debt in Democracies: Causes, Effects, and Limits" of the Berlin-Brandenburg Academy of Sciences, November 30, 2012 and December 1, 2012

In the context of the academic project "Government Debt in Democracies: Causes, Effects, and Limits" that was funded by the National Academy of Sciences Leopoldina and the Berlin-Brandenburg Academy of Sciences the following presentations have been held at a Symposium which took place on November, 30 and December 1, 2012 in Berlin. The videos of the presentations can be accessed through the following Links.

Session 1:

Gauti B. Eggertson (New York Fed): Deficits, public debt dynamics, and tax and spending multipliers

Jakob de Haan (De Nederlandsche Bank): The role of elections in fiscal policy

Session 2:

Gernot Müller (Universität Bonn): Debt crisis and the effects of fiscal policy

Andrea Pescatori (IMF): The good, the bad, and the ugly: 100 years of dealing with public debt overhangs

Session 3:

Richard Koo (Nomura Research, Tokyo): It is private, not public finances that are out of whack

Robert E. Hall (Stanford University): Fiscal stability of high-debt nations under volatile interest rates

Session 4:

Norbert Gaillard (Paris): A century of sovereign ratings

Manfred Gärtner (Universität St. Gallen): Sovereign debt rating during the recent financial crisis