Sovereign debt composition and time-varying public finance sustainability
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 sustainability time-varying coefficient increases an...
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| Format: | article |
| Language: | eng |
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2022
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| Online Access: | http://hdl.handle.net/10400.5/25516 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/25516 |