PUBLIC DEBT SUSTAINABILITY ANALYSIS: EU CASE [PDF]
The global crisis has caused a serious fiscal deterioration that leaves the world economy with serious challenges. In many developed markets as well as in a few emerging markets (Emerging markets) public finances have already become, or are at least at ...
Botoc Claudiu+2 more
core
An analysis of the success of fiscal adjustment in reducing public debt: Evidence from Pakistan. [PDF]
Hussain I, Hussain J, Bilal H.
europepmc +1 more source
Banks, domestic debt intermediation and confidence crises: the recent Brazilian experience [PDF]
This paper examines the recent evolution of the Brazilian public domestic debt and interprets it in light of the confidence crisis literature. The analysis of the recent developments in the Brazilian public domestic debt market shows that the likelihood ...
Afonso S. Bevilaqua+1 more
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The Simple Macroeconomics of Fiscal Austerity, Public Sector Debt and Deflation [PDF]
This paper explores the macroeconomics of fiscal austerity and deflation in an economy with public debt. A binding budget deficit cap destabilizes the economy by turning the government budget into an automatic destabilizer.
Thomas I. Palley
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Debt sustainability, structural breaks and non-linear fiscal adjustment: A testing application to Greek fiscal policy [PDF]
Non-linear public debt adjustment and structural breaks in fiscal policy may affect tests of public debt sustainability. Existing studies address these issues separately. No study has considered both. We address this gap by focusing on Greece, one of the
Arghyrou, MG
core
Determinants of substantial public debt reductions in Central and Eastern European Countries. [PDF]
Semik S, Zimmermann L.
europepmc +1 more source
Public Debt Structure and Dynamics in the Czech Republic, Hungary, Poland and Romania [PDF]
This paper attempts to consider in a systematic way the developments of the public debt in the Czech Republic, Hungary, Poland and Romania during the 1990.s.
Joanna Siwinska-Gorzelak
core
Public debt sustainability in sub-national level: a case of Karnataka. [PDF]
Ramu MRA.
europepmc +1 more source
STUDY ON THE IMPACT OF LOCAL PUBLIC DEBT ON THE TOTAL PUBLIC DEBT AT EU LEVEL [PDF]
Local public debt and total public debt exert a significant influence on the financial sustainability of the public budgets. The impact of the local public debt on the total public debt is little addressed in the published literature, these two ...
CANDALE VIRGIL+2 more
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