What Really Drives Public Debt : A Holistic Approach

A Holistic Approach

What Really Drives Public Debt : A Holistic Approach
This paper presents a novel approach to detail the propagation of shocks to public debt. Themodeling technique involves a structural vector auto-regression (SVAR) estimator with anendogenous debt accumulation equation. It explores how the main drivers of sovereign debtdynamics—the primary balance, the interest rate, growth and inflation—interact... READ MORE...

Publication date: June 2015
ISBN 9781513591353
$18.00

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