Fiscal Sustainability : A 21st Century Guide for the Perplexed

A 21st Century Guide for the Perplexed

This paper critically reviews recent work regarding the sustainability of public debt. It argues that Debt Sustainability Analyses (DSAs) should be more than mere mechanical simulation exercises. Instead, a DSA should be linked to some objective regarding the distribution of fiscal burdens and distortions over time (in the tradition of Barro's... READ MORE...

Publication date: April 2013
ISBN 9781484381991

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Publication date: April 2013


Publication date: April 2013