understand debt sustainability of the state for the period 1980-81 to 2014-15 using debt sustainability i.e. domar-debt … well managed as broad trends do not indicate major problem of sustainability but constraints started to be visible as debt … accumulation is rising alongwith pressure of debt burden. Interest payments as percentage of GSDP and as percentage of revenue …

show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with …

ratios, between, i) the debt and primary surplus, and ii) government expenditure and revenues. Both models show consistent … high-income countries. This also indicates that the fiscal policy can be sustainable (non-sustainable) even for the debt …

. Logit regression analysis confirms that when deficit rules or, to a lesser extent, debt thresholds tend to become more …

good times and complying with the Stability and Growth Pact. - Interest rates ; fiscal policy ; government debt ; crisis …

This paper examines the intersection between two fundamental attributes of Euro Area sovereign debt. The first is that … sovereigns tend to issue bonds governed by their own law, which makes a debt restructuring comparatively easy. The second is the … Mechanism. These Euro CACs let a bondholder supermajority approve a debt restructuring in a vote that binds dissenters. How Euro …