What Really Drives Public Debt : A Holistic Approach /

This paper presents a novel approach to detail the propagation of shocks to public debt. The modeling technique involves a structural vector auto-regression (SVAR) estimator with an endogenous debt accumulation equation. It explores how the main drivers of sovereign debt dynamics-the primary balance...

Повний опис

Бібліографічні деталі
Автор: Anaya, Pablo
Інші автори: Pienkowski, Alex
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2015.
Серія:IMF Working Papers; Working Paper ; No. 2015/137
Онлайн доступ:Full text available on IMF