MODELS OF PUBLIC DEBT SUSTAINABILITY ASSESSMENT AND THEIR UTILITY Cover Image

MODELS OF PUBLIC DEBT SUSTAINABILITY ASSESSMENT AND THEIR UTILITY
MODELS OF PUBLIC DEBT SUSTAINABILITY ASSESSMENT AND THEIR UTILITY

Author(s): Irina Bilan
Subject(s): Economy
Published by: Editura Eurostampa
Keywords: public debt; sustainability; government borrowing constraint; intertemporal budget constraint; IMF model

Summary/Abstract: Ensuring public debt sustainability is one of the main challenges that public indebtedness policy has to face on the long run, susciting both practicioners and theoreticians. In this paper we aim to present an overview of the main models for assessing public debt and, more generally, budgetary policy sustainability, briefly presenting their contents and the main disadvantages and problems arising from their practical application

  • Issue Year: XVI/2010
  • Issue No: 16
  • Page Range: 685-693
  • Page Count: 8
  • Language: English
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