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Over the past seven years, the DIG and DIGNAR models have complemented the IMF and World Bank debt sustainability … raises growth and lowers the risks associated with debt sustainability. Second, prudent and gradual investment scaling … constraints, and debt sustainability risks. Third, domestic revenue mobilization helps create fiscal space for investment scaling …
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With this paper our objective is to study the effects of different deficit policies in an endogenous growth model with publicly funded human capital accumulation and public debt, where we allow for heterogeneous households. Two types of households are considered. One household acquires human...
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This note is a user's manual for the DIGNAR-19 toolkit, an application aimed at facilitating the use of the DIGNAR-19 model by economists with no to little knowledge of Matlab and Dynare via a user-friendly Excel-based interface. he toolkit comprises three tools-the simulation tool, the graphing...
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