changes, (iii) public debt sustainability and (iv) monetary policy. Following a one standard deviation shock, uncertainty … about debt sustainability has the largest and most significant impact on real activity, with negative effects on output … by debt sustainability. Our results are based on a new empirical framework that allows the volatility of identified …

This paper analyzes the sustainability of Costa Rican sovereign debt within the intertemporal budget constraint … framework, which is complemented with the estimation of the fiscal reaction function and a risk assessment under the fan chart … in the long run, and in the short run there have been few instances of debt sustainability since the economic crisis of …

correlation entails the risk of linking health status to medical (and nonmedical) inputs when no links exist. This note first …

Past research has provided evidence of the role of some personal characteristics as risk factors for depression …