This paper examines the relationship between fiscal variables and economic activity in Ecuador. We use a macro … suggest that Ecuador should recover control of its monetary policy to enable and promote both economic and tax diversification …

imprecision about which debt targets should be pursued. It then examines the evidence regarding the exogenous and policy …

by the government to finance programs with more or less important impact on society. Budget deficits and public debt have …

This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an … budget deficits and the change in public debt). Governments can engage in creative accounting to hide borrowing and sugarcoat … were established. It discusses the extent to which the new German debt brake limits the borrowing of special funds and …

The recent fears of a sovereign debt crisis have spurred interest in the sustainability of public debt. There are two … the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy … containing several statistical novelties: new time series estimates of public debt and GDP (respectively Banca d'Italia, 2008 and …

by the government to finance programs with more or less important impact on society. Budget deficits and public debt have …

The recent fears of a sovereign debt crisis have spurred interest in the sustainability of public debt. There are two … the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy … containing several statistical novelties: new time series estimates of public debt and GDP (respectively Banca d’Italia, 2008 and …