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Stock Flow Adjustments in Sovereign Debt Dynamics : The Role of Fiscal Frameworks
Afonso, António - 2019
We assess, via system GMM, how Stock Flow Adjustments (SFA) affect the debt-to-GDP ratio in 65 countries (covering developed and emerging and low-income countries) between 1985-2014. We find that SFAs positively contribute to the change in the debt-to-GDP ratio with a coefficient close to one....
Persistent link: https://www.econbiz.de/10012893927
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A stochastic estimated version of the Italian dynamic General Equilibrium Model
Acocella, Nicola; Beqiraj, Elton; Di Bartolomeo, Giovanni; … - In: Economic modelling 92 (2020), pp. 339-357
Persistent link: https://www.econbiz.de/10012429788
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Assessing fiscal episodes
Afonso, António; Jalles, João Tovar - In: Economic modelling 37 (2014), pp. 255-270
Persistent link: https://www.econbiz.de/10010417694
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Do tax reforms affect income distribution? : evidence from developing countries
Gupta, Sanjeev; Jalles, João Tovar - In: Economic modelling 110 (2022), pp. 1-18
Persistent link: https://www.econbiz.de/10013348264