International Evidenceon Fiscal Solvency : Is Fiscal Policy "Responsible"? /

This paper looks at fiscal solvency and public debt sustainability in both emerging market and advanced countries. Evidence of fiscal solvency, in the form of a robust positive conditional relationship between public debt and the primary fiscal balance, is established in both groups of countries. Ev...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Mendoza, Enrique
Muut tekijät: Ostry, Jonathan
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2007.
Sarja:IMF Working Papers; Working Paper ; No. 2007/056
Linkit:Full text available on IMF