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Interest rate-growth differentials on government debt : an empirical investigation for the euro area

Checherita-Westphal, Cristina; Semeano, João Domingues - 2020

Persistent link: https://www.econbiz.de/10012306620

Are bad governments a threat to sovereign defaults? : the effects of political risk on debt sustainability

Ajovalasit, Samantha; Consiglio, Andrea; Pagliardi, Giovanni - 2025

and we develop a debt sustainability analysis model with both channels using a country ratings proxy of political risk … rating level, volatility or both. Conversely, sustainability can be restored through reforms that can be as effective as …

Persistent link: https://www.econbiz.de/10015406629

Debt sustainability analysis for euro area sovereigns : a methodological framework

Bouabdallah, Othman; Checherita-Westphal, Cristina; … - 2017

sufficient fiscal buffers during normal and good times. It has also reaffirmed the need for a thorough debt sustainability … narrative shock scenarios; (ii) a stochastic DSA, providing for a probabilistic approach to debt sustainability; and (iii) other … summarised in a heat map, which can provide guidance on the overall assessment of risks to debt sustainability. This method …

Persistent link: https://www.econbiz.de/10011634439

Assessing Dutch Fiscal and Debt Sustainability

Carton, Benjamin; Fouejieu, Armand - 2021

debt sustainability over the next decade, taking into account alternative recovery scenarios and associated fiscal … persistent economic effects of the pandemic, risks to the Dutch fiscal and debt sustainability would remain contained …

Persistent link: https://www.econbiz.de/10013250092

Assessing debt sustainability in a stochastic environment : 200 years of Dutch debt and deficit management

Wijnbergen, Sweder van; France, Alexander - 2012

Persistent link: https://www.econbiz.de/10010191022

Limits to government debt sustainability

Fournier, Jean-Marc; Fall, Falilou - 2015

The recent euro area sovereign debt crisis has shown the importance of market reactions for the sustainability of debt …

Persistent link: https://www.econbiz.de/10011399483

Interest Rate-Growth Differentials on Government Debt : An Empirical Investigation for the Euro Area

Checherita-Westphal, Cristina; Semeano, João Domingues - 2021

Persistent link: https://www.econbiz.de/10013315044

Monetary policy, trends in real interest rates and depressed demand

Beaudry, Paul; Meh, Césaire Assah - 2021 - Last updated: August 16, 2021

Over the last few decades, real interest rates have trended downward in many countries. The most common explanation is that this reflects depressed demand due to demographic, technological and other real factors such as income inequality. In this paper we explore the claim that these trends may...

Persistent link: https://www.econbiz.de/10012546126

Debt, debt sustainability and economic growth in Ghana

Forson, Cassiel Ato Baah - In: West African journal of monetary and economic integration 19 (2019) 1, pp. 74-101

The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic … suggested by Bohn (1998) to test for the sustainability of Ghana's debt. The neoclassical growth model was used to determine the …

Persistent link: https://www.econbiz.de/10013348432

Economic consequences of high public debt: evidence from three large scale DSGE models

Burriel, Pablo; Checherita-Westphal, Cristina; … - 2020

The paper reviews the economic risks associated with regimes of high public debt through DSGE model simulations. The large public debt build-up following the 2009 global financial and economic crisis acted as a shock absorber for output, while in the recent and more severe COVID19-crisis, an...

Persistent link: https://www.econbiz.de/10012251324