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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Croce, Enzo
Muut tekijät: Juan-Ramon, V.
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2003.
Sarja:IMF Working Papers; Working Paper ; No. 2003/145
Linkit:Full text available on IMF