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What is a Sustainable Public Debt?
D'Erasmo, Pablo - 2015
three approaches to analyze debt sustainability in the United States and Europe after the recent surge in public debt … traditional approach to evaluate debt sustainability, and examine three alternative approaches that provide useful econometric and … model-simulation tools to analyze debt sustainability. The first approach is Bohn's non-structural empirical framework based …
Persistent link: https://www.econbiz.de/10013015096
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What is a Sustainable Public Debt?
D'Erasmo, Pablo - 2015
three approaches to analyze debt sustainability in the United States and Europe after the recent surge in public debt … traditional approach to evaluate debt sustainability, and examine three alternative approaches that provide useful econometric and … model-simulation tools to analyze debt sustainability. The first approach is Bohn's non-structural empirical framework based …
Persistent link: https://www.econbiz.de/10012457095
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What is a sustainable public debt?
D'Erasmo, Pablo N.; Mendoza, Enrique G.; Zhang, Jing - 2015
Persistent link: https://www.econbiz.de/10011372615
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What is a sustainable public debt?
D'Erasmo, Pablo N.; Mendoza, Enrique G.; Zhang, Jing - 2015
Persistent link: https://www.econbiz.de/10011452963
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Economic Stability and Economic Governance in the Euro Area : What the European Crisis Can Teach on the Limits of Economic Integration
Lupo-Pasini, Federico - 2013
place to maintain economic stability in Europe, and has unveiled the difficulty in achieving international coordination on …
Persistent link: https://www.econbiz.de/10013085690
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A Fiscal Rule that Has Teeth : A Suggestion for a 'Fiscal Sustainability Council' Underpinned by the Financial Markets
Hedbávný, Petr; Schneider, Ondrej; Zapal, Jan - 2021
Sustainability Council - that would actively bring financial markets into the fiscal-policy process, and we explain the technique …
Persistent link: https://www.econbiz.de/10013318404
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Chapter 32. What is a Sustainable Public Debt?
D’Erasmo, P.; Mendoza, E.G.; Zhang, J. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 2493-2597). 2016
these three approaches to analyze debt sustainability in the United States and Europe after the sharp increases in public … in the traditional approach to evaluate debt sustainability, and examine three alternative approaches that provide useful … econometric and model-simulation tools to analyze debt sustainability. The first approach is Bohn's nonstructural empirical …
Persistent link: https://www.econbiz.de/10014024281
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Economic and Political Determinants of Budget Deficits in the European Union : A Dynamic Random Coefficient Approach
Bayar, Ali H. - 2009
This paper formulates a dynamic Random Coefficient Model (RCM) to consider a set of popular determinants of public deficits in the EU-15 over the period 1971-2006, both at a country-specific level and from a population-wide perspective. Although the extent of government deficits and debt has...
Persistent link: https://www.econbiz.de/10012764965
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Sovereign Credit Risk in the Euro Zone
Haidar, Jamal Ibrahim - 2012
What is the current state of sovereign credit risk across Euro zone? Does the recent fiscal crisis extend to other (non Euro zone) countries? Is Greece the center of the problem? How did the current fiscal crisis in the Euro area start? Who is behind it? Why can it evolve? How can it be...
Persistent link: https://www.econbiz.de/10013114887
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The Case for Limited Liability Eurozone Government Debt
Milne, Alistair - 2010
The official position of the financial and political authorities of Europe is that there will never be any …
Persistent link: https://www.econbiz.de/10013137261