, France, Germany, Japan, Netherlands, Sweden, and UK); improvements of the primary balance after past worsening in debt ratios … for Australia, Belgium, Germany, Ireland, Netherlands and the UK; Granger causality from government debt to the primary …

In most euro area countries, the monetary/fiscal policy mix is responsible for the changing history of debt and … simulations reveal that the PM/AF regime in France led to price volatility and debt stabilisation, while the AM/PF regime resulted … in disinflation and rising debt trajectory. Meanwhile, Italy's procyclical fiscal policy in downturns contributed to …

economic cycle and to public debt accumulation. It emerges that the intended cyclical behavior of fiscal policy is …

external debt, fiscal and current account balances, exchange and inflation rates, their degree of trade openness as well as …

government debt ratio shock and about 48% for the budget balance shock. In Germany, fiscal shocks entail no significant reactions … shocks created no response from the yield curve shape, (ii) surprise increases in the debt ratio caused some increase in the …

change in the interest rate paid by governments on their debt in a panel of 14 European countries over four decades. This is … primary expenditure. The size of the total fiscal adjustment, however, is insufficient to avoid the gross government debt …