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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Dettagli Bibliografici
Autore principale: Ostry, Jonathan
Altri autori: Ghosh, Atish, Kim, Jun, Qureshi, Mahvash
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Staff Position Notes; Staff Position Note ; No. 2010/011
Accesso online:Full text available on IMF