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...

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Detaylı Bibliyografya
Yazar: Croce, Enzo
Diğer Yazarlar: Juan-Ramon, V.
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2003.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2003/145
Online Erişim:Full text available on IMF