What Really Drives Public Debt : A Holistic Approach /

This paper presents a novel approach to detail the propagation of shocks to public debt. The modeling technique involves a structural vector auto-regression (SVAR) estimator with an endogenous debt accumulation equation. It explores how the main drivers of sovereign debt dynamics-the primary balance...

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Dettagli Bibliografici
Autore principale: Anaya, Pablo
Altri autori: Pienkowski, Alex
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/137
Accesso online:Full text available on IMF

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