public debt dynamics

Public Debt Dynamics and the Impact of Fiscal Policy

We find that GDP growth shocks and the corresponding comovements of macroeconomic variables are the key drivers of debt to GDP, accounting for ...

A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and ...

Public debt dynamics, debt ratio, Government budget constraint, Ponzi game, Cyclically adjusted balance. Author's E-mail Address: [email protected].

Public debt – Insights - CORE Econ

We can understand the dynamics of debt by looking at four variables: primary deficit, real interest rate, growth rate, and the stock of debt in ...

When Does Federal Debt Reach Unsustainable Levels?

The economics profession has long focused on “debt held by the public”, currently equal to about 98 percent of GDP at $26.3 trillion, for ...

3. 'R-G' DIFFERENTIALS - Economy and Finance

'r-g' differentials: latest developments and implications for public debt sustainability ... When r < g (negative differential), automatic debt dynamics are.

Peek-into-Training—Capacity Development for Projecting Public Debt

The simple Excel-based Public Debt Dynamics Tool (DDT) that streamlines the process of projecting public debt under a variety of scenarios.

How Do Inflation Shocks Affect Public Debt Dynamics? - Gestión fiscal

We found that supply-driven inflation shocks tend to lead to increases in government debt while demand-driven inflation shocks tend to lead to decreases in ...

Interest rate-growth differential and government debt dynamics

For ratios to GDP, the change in debt is then mainly determined by the primary balance and the difference between the interest rate and the GDP growth rate. If ...

Public debt and r-g risks in advanced economies: Eurozone versus ...

Differentials between interest rates on government bonds (r) and economic growth rates (g) are a key determinant of public debt dynamics. What are the ...

The Unexplained Part of Public Debt

... debt dynamics. After having explained the importance of the stock-flow reconciliation, the paper shows that this residual entity can be partly explained by ...

public debt dynamics: a stochastic approach applied to spain

This paper presents a methodology for analysing public debt sustainability that incorporates factors that enable uncertainty in the macro-financial ...

10 Public Debt | Intermediate Macroeconomics

We show first, without using any economic model, that simple accounting suggests that public debt is on a sustainable path whenever the real interest rate on ...

Public Debt Dynamics: Inaugural Lecture of Professor Bruno Tinel

Public Debt Dynamics: Between Finance, Macroeconomics, and Politics Public debt is frequently analysed from a purely financial and ...

Public debt, public wealth and economic dynamics

Despite the recognised need for fiscal stimulus, the big increase in borrowing and hence government debt has raised concerns about debt sustainability, and ...

Public Debt Dynamics Under Uncertainty (DDUx) | UN SDG:Learn

The course discusses how to think about public debt projections when we acknowledge uncertainty about the key variables underlying debt projections (GDP growth, ...

Public Debt Dynamics and the Impact of Fiscal Policy - IDEAS/RePEc

We find that GDP growth shocks and the corresponding comovements of macroeconomic variables are the key drivers of debt to GDP, accounting for 40% of the ...

Determinants of Public Debt Dynamics in Transition and Post ...

Thus, according to the theoretical model, the evolution of public debt is governed by the primary government deficit to GDP ratio, the nominal ...

16. Government debt dynamics

The chapter is organized as follows: section 2 departs from the national accounts to obtain the equation that describes the dynamics of the government debt as a ...

Public debt dynamics: the interaction with national income and fiscal ...

We contribute to the existing debt dynamics literature providing a new perspective for the interaction of public debt and GDP.

Public Debt Dynamics in Emerging Market Economies

This paper discusses the composition, structure and progression of central government debt in emerging economies, critically analysing the experience of South ...