That Squeezing Feeling : The Interest Burden and Public Debt Stabilization /

The paper explores the extent to which the pressure of debt service on other spending items may push governments to embark on fiscal consolidation beyond what is strictly necessary to secure solvency. The empirical analysis identifies thresholds of interest bill indicators beyond which governments a...

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Detalhes bibliográficos
Autor principal: Debrun, Xavier
Outros Autores: Kinda, Tidiane
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2013.
Colecção:IMF Working Papers; Working Paper ; No. 2013/125
Acesso em linha:Full text available on IMF