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
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