Dynamic Analysis of Public and External Debt Sustainability

被引:0
|
作者
Babic, Ante [1 ]
Krznar, Ivo [2 ]
Nestic, Danijel [3 ]
Svaljek, Sandra [3 ]
机构
[1] Govt Republ Croatia, Cent State Adm Off Dev Strategy, Zagreb, Croatia
[2] Croatian Natl Bank, Zagreb, Croatia
[3] Inst Econ, Zagreb, Croatia
关键词
public debt; external debt; sustainability analysis;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study builds the framework for the analysis of external and public debt sustainability aimed at providing an objective assessment of the outstanding debt stock and forecasting its evolution over time. The analysis incorporates projections of key macroeconomic variables and projections of debt developments as well as analysis of sensitivity of the projected debt ratio to various macroeconomic shocks. The results of sensitivity analysis can then be used to make qualitative judgements on debt sustainability and to recognize major risks.
引用
收藏
页码:53 / 104
页数:52
相关论文
共 50 条
  • [1] Public Debt and External Debt Sustainability among BRICS Countries
    George, Magulsha
    Shanmugam, K. R.
    [J]. MARGIN-JOURNAL OF APPLIED ECONOMIC RESEARCH, 2022, 16 (3-4): : 231 - 253
  • [2] Sustainability of Croatia's Public and External Debt
    Mihaljek, Dubravko
    [J]. CROATIAN ECONOMIC SURVEY, 2005, (07) : 11 - 52
  • [3] Spanish Public Debt Sustainability Analysis
    Cuerpo, Carlos
    Ramos, Jose Miguel
    [J]. HACIENDA PUBLICA ESPANOLA-REVIEW OF PUBLIC ECONOMICS, 2015, (215): : 95 - 118
  • [4] Analysis of Public Debt Sustainability in EU Countries
    Apetri, Anisoara Niculina
    [J]. 14TH ECONOMIC INTERNATIONAL CONFERENCE: STRATEGIES AND DEVELOPMENT POLICIES OF TERRITORIES: INTERNATIONAL, COUNTRY, REGION, CITY, LOCATION CHALLENGES, 2018, : 304 - 319
  • [5] Sustainability of public debt
    Claeys, Peter
    [J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2009, 18 (04) : 701 - 702
  • [6] Sustainability of public debt
    Afonso, Antonio
    [J]. JOURNAL OF ECONOMICS, 2009, 97 (01) : 95 - 96
  • [7] Debt Revenue and the Sustainability of Public Debt
    Reis, Ricardo
    [J]. JOURNAL OF ECONOMIC PERSPECTIVES, 2022, 36 (04): : 103 - 124
  • [8] On the sustainability of external debt: is debt relief enough?
    Vaggi, Gianni
    Prizzon, Annalisa
    [J]. CAMBRIDGE JOURNAL OF ECONOMICS, 2014, 38 (05) : 1155 - 1169
  • [9] Analysis of the public debt sustainability in the Economic and Monetary Union
    Teica, Ramona Andreea
    [J]. INTERNATIONAL CONFERENCE EMERGING MARKETS QUERIES IN FINANCE AND BUSINESS, 2012, 3 : 1081 - 1087
  • [10] Sustainability of Brazilian public debt: a structural break analysis
    Campos, Eduardo Lima
    Cysne, Rubens Penha
    [J]. INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2022, 17 (03) : 645 - 663