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Persistent link: https://www.econbiz.de/10009570261
Aging populations in advanced economies are placing ever-increasing demands on government spending in the form of old-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress. Unresolved...
Persistent link: https://www.econbiz.de/10013129132
Fiscal sustainability conditions for the Maastricht gross nominal consolidated public debt are analyzed using Hungarian … data. The components of debt dynamics are grouped following the commonly used debts sustainability approach while the …) of macro variables used in the VAR model help to asses risks to fiscal sustainability. This approach offers a way to …
Persistent link: https://www.econbiz.de/10013067837
Aging populations in advanced economies are placing ever-increasing demands on government spending in the form of old-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress. Unresolved...
Persistent link: https://www.econbiz.de/10012461838
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policy ; policy rules ; fiscal sustainability …
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This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...
Persistent link: https://www.econbiz.de/10013159926