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The economic meaning of the public debt to GDP ratio as a financial stability indicator with a varying wealth to GDP ratio

2022
The application of the SGP fiscal criteria has evolved over time. This paper reviews the changing role of the debt benchmark in the light of Carlo Casarosa's analysis of the economic meaning of the public debt to GDP ratio.
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Public debt-to-GDP ratio in new EU member states: cut the numerator or increase the denominator?

2016
This paper analyses public debt determinants in EU new member states. The aim of the analysis is to examine their fiscal position, as well as to offer proposals for a more successful containment of the rising public debt levels. The paper attempts to answer the key question: does fiscal consolidation (the numerator) or economic growth (the denominator)
Globan, Tomislav, Matošec, Marina
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