Sovereign debt effects and composition : evidence from time-varying estimates
We compute time-varying responses of the sovereign debt ratio to primary budget balances for 13 advanced economies between 1980 and 2012, and assess how fiscal sustainability reacts to different characteristics of government debt. We find that the fiscal sustainability time-varying coefficient incre...
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| Format: | workingPaper |
| Language: | eng |
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2017
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| Online Access: | http://hdl.handle.net/10400.5/13135 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/13135 |