The purpose of budget rules can be explored from the perspective of the expected results, obtained by their enforcement … determinant lies within the budget rules implementation process, this analysis is focused on the influence of several budget rules … the relationship between nominal interest rate and several factors that are strongly connected with the budget rules …

vulnerability. The paper finds that catastrophic risk insurance significantly improves Belize's debt sustainability. In addition …

vulnerability. The paper finds that catastrophic risk insurance significantly improves Belize's debt sustainability. In addition …

The authors study the implications of fiscal policy behaviour for sovereign risk in a framework that determines a … country's fiscal limit, the point at which, for economic or political reasons, taxes and spending can no longer adjust to … stabilize debt. A real business cycle model maps the economic environment - expected fiscal policy, the distribution of …