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...

Full description

Bibliographic Details
Main Author: Ostry, Jonathan
Other Authors: Ghosh, Atish, Kim, Jun, Qureshi, Mahvash
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Position Notes; Staff Position Note ; No. 2010/011
Online Access:Full text available on IMF