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...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2007/056 |
| Online-ссылка: | Full text available on IMF |