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D'Erasmo, Pablo - 2015

The question of what is a sustainable public debt is paramount in the macroeconomic analysis of fiscal policy. This question is usually formulated as asking whether the outstanding public debt and its projected path are consistent with those of the government's revenues and expenditures (i.e....

Persistent link: https://www.econbiz.de/10013015486

What is a sustainable public debt?

D'Erasmo, Pablo N.; Mendoza, Enrique G.; Zhang, Jing - 2015

Persistent link: https://www.econbiz.de/10011372615

On the solvency of nations : cross-country evidence on the dynamics of external adjustment

Durdu, Ceyhun Bora; Mendoza, Enrique G.; Terrones, Marco E. - 2012

Persistent link: https://www.econbiz.de/10009629167

Fiscal policy and monetary union : is there a tradeoff between federalism and budgetary restrictions?

Eichengreen, Barry; Hagen, Jürgen von - 1996

Persistent link: https://www.econbiz.de/10000584802

Electoral institutions, cabinet negotiations, and budget deficits in the European Union

Hallerberg, Mark; Hagen, Jürgen von - 1997

Persistent link: https://www.econbiz.de/10000652257

Government bond risk premiums in the EU revisited : the impact of the financial crisis

Schuknecht, Ludger; Hagen, Jürgen von; Wolswijk, Guido … - 2010

This note looks at US$ and DM/Euro denominated government bond spreads relative to US and German benchmark bonds before and after the start of the current financial crisis. The study finds, first, that bond yield spreads before and during the crisis can largely be explained on the basis of...

Persistent link: https://www.econbiz.de/10003970438

The design of fiscal rules and forms of governance in European Union countries

Hallerberg, Mark; Strauch, Rolf; Hagen, Jürgen von - In: Policy instruments for sound fiscal policies : fiscal …, (pp. 127-148). 2009

Persistent link: https://www.econbiz.de/10003962055

Systemic risk diagnostics : coincident indicators and early warning signals

Schwaab, Bernd; Koopman, Siem Jan; Lucas, André - 2011

components for a large data set comprising the U.S., the EU-27 area, and the respective rest of the world. Credit risk conditions …

Persistent link: https://www.econbiz.de/10009006653

Modeling financial sector joint tail risk in the euro area

Lucas, André; Schwaab, Bernd; Zhang, Xin - 2015

Persistent link: https://www.econbiz.de/10011349820

Fiscal rules and fiscal performance in the EU and Japan

Hagen, Jürgen von - 2006

such rules in Japan and in the EU. Comparing the performance of fiscal policy in the 1980s and 1990s until 2003, we find … rule of the Maastricht Treaty had a significant impact on political budget cycles in the EU, but did little to constrain … fiscal rule in the EU has vanished. Next, we discuss the importance of budgetary institutions for the effectiveness of fiscal …

Persistent link: https://www.econbiz.de/10010374865