Assessing Fiscal Sustainability : A Cross-Country Comparison /

To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law of motion of the debt-to-GDP ratio, subject to a government reaction function that links convergence to the targeted debt ratio with primary fiscal surpluses. Based on quarterly estimates of this algorit...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Croce, Enzo
مؤلفون آخرون: Juan-Ramon, V.
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2003.
سلاسل:IMF Working Papers; Working Paper ; No. 2003/145
الوصول للمادة أونلاين:Full text available on IMF