Fiscal Space /

In this note, the authors reexamine the issue of debt sustainability in a large group of advanced economies. Their hypothesis is that, when debt is in a moderate range, its dynamics are sustainable in the sense that increases in debt elicit sufficient increases in primary fiscal balances to stabiliz...

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Hlavní autor: Ostry, Jonathan
Další autoři: Ghosh, Atish, Kim, Jun, Qureshi, Mahvash
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Staff Position Notes; Staff Position Note ; No. 2010/011
On-line přístup:Full text available on IMF