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Revealing Turkey’s Public Debt Burden: A Transparent Payments Approach

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Author Info
Ertunc Alioglu (Brandeis University)
Can Erbil (Brandeis University & EcoMod)
Ferhan Salman (Research Department, The Central Bank of Turkey)

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Abstract

We postulate a new method of identifying debt which we call Debt Burden (DB). We claim that DB reveals the true debt obligations of the fiscal authority. It is more accurate and transparent. Hence, DB would serve fiscal authority much better in policy making. It is powerful in a sense that it is calculated on a daily basis and can serve as a good policy measure since it includes projections into the future.

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File URL: http://129.3.20.41/eps/pe/papers/0409/0409004.pdf
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Publisher Info
Paper provided by EconWPA in its series Public Economics with number 0409004.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 18 pages
Date of creation: 05 Sep 2004
Date of revision:
Handle: RePEc:wpa:wuwppe:0409004

Note: Type of Document - pdf; pages: 18
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Web page: http://129.3.20.41

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Related research
Keywords: Debt burden; public debt; Turkey;

Find related papers by JEL classification:
H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management

This paper has been announced in the following NEP Reports:

References listed on IDEAS
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  1. Erdal Karagol, 2002. "The Causality Analysis of External Debt Service and GNP : The Case of Turkey," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 2(1), pages 39-64. [Downloadable!]
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This page was last updated on 2009-11-14.

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