A Retrospective Approach on Assessing Fiscal Vulnerability: Empirical Evidence for Overindebted European Countries
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Alberto Alesina, 2000. "The Political Economy of the Budget Surplus in the United States," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 3-19, Summer.
- Atish R. Ghosh & Jun I. Kim & Enrique G. Mendoza & Jonathan D. Ostry & Mahvash S. Qureshi, 2013.
"Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies,"
Economic Journal,
Royal Economic Society, vol. 0, pages 4-30, February.
- Atish R. Ghosh & Jun I. Kim & Enrique G. Mendoza & Jonathan D. Ostry & Mahvash S. Qureshi, 2011. "Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies," NBER Working Papers 16782, National Bureau of Economic Research, Inc.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2014.
"A Decade of Debt,"
Central Banking, Analysis, and Economic Policies Book Series,in: Miguel Fuentes D. & Claudio E. Raddatz & Carmen M. Reinhart (ed.), Capital Mobility and Monetary Policy, edition 1, volume 18, chapter 4, pages 97-135
Central Bank of Chile.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "A Decade of Debt," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6222.
- Reinhart, Carmen M. & Rogoff, Kenneth, 2011. "A Decade of Debt," CEPR Discussion Papers 8310, C.E.P.R. Discussion Papers.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "A Decade of Debt," NBER Working Papers 16827, National Bureau of Economic Research, Inc.
- António Afonso & Christophe Rault, 2008.
"3-Step Analysis of Public Finances Sustainability: the Case of the European Union,"
Working Papers
hal-00322086, HAL.
- António AFONSO & Christophe RAULT, 2009. "3-Step Analysis of Public Finances Sustainability: the Case of the European Union," LEO Working Papers / DR LEO 145, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Afonso, António & Rault, Christophe, 2008. "3-step analysis of public finances sustainability: the case of the European Union," Working Paper Series 908, European Central Bank.
- António Afonso & Christophe Rault, 2008. "3-Step Analysis of Public Finances Sustainability: the Case of the European Union," CESifo Working Paper Series 2393, CESifo Group Munich.
- António Afonso & Christophe Rault, 2008. "3-Step Analysis of Public Finances Sustainability: the Case of the European Union," Working Papers Department of Economics 2008/35, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- Antonio Afonso & Christophe Rault, 2008. "3-Step Analysis of Public Finances Sustainability: the Case of the European Union," Post-Print halshs-00363707, HAL.
- Antonio Afonso & Christophe Rault, 2008. "3-Step Analysis of Public Finances Sustainability: the Case of the European Union," Post-Print halshs-00363702, HAL.
- Claeys, Peter, 2007.
"Sustainability of EU Fiscal Policies: a Panel Test,"
Journal of Economic Integration,
Center for Economic Integration, Sejong University, vol. 22, pages 112-127.
- Peter Claeys, 2007. "Sustainability of EU fiscal policies, a panel test," IREA Working Papers 200702, University of Barcelona, Research Institute of Applied Economics, revised Jan 2007.
- Alessio Ciarlone & Giorgio Trebeschi, 2006. "A Multinomial Approach to Early Warning Systems for Debt Crises," Temi di discussione (Economic working papers) 588, Bank of Italy, Economic Research and International Relations Area.
- Evan Tanner & Issouf Samake, 2008.
"Probabilistic Sustainability of Public Debt: A Vector Autoregression Approach for Brazil, Mexico, and Turkey,"
IMF Staff Papers,
Palgrave Macmillan, vol. 55(1), pages 149-182, April.
- Evan C Tanner & Issouf Samaké, 2006. "Probabilistic Sustainability of Public Debt; A Vector Autoregression Approach for Brazil, Mexico, and Turkey," IMF Working Papers 06/295, International Monetary Fund.
- Afonso, António & Agnello, Luca & Furceri, Davide & Sousa, Ricardo M., 2011.
"Assessing long-term fiscal developments: A new approach,"
Journal of International Money and Finance,
Elsevier, vol. 30(1), pages 130-146, February.
- António Afonso & Luca Agnello & Davide Furceri & Ricardo M. Sousa, 2009. "Assessing Long-Term Fiscal Developments: a New Approach," Working Papers Department of Economics 2009/19, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- Afonso, António & Furceri, Davide & Agnello, Luca & Sousa, Ricardo M., 2009. "Assessing long-term fiscal developments - a new approach," Working Paper Series 1032, European Central Bank.
- António Afonso & Luca Agnello & Davide Furceri & Ricardo M. Sousa, 2009. "Assessing Long-Term Fiscal Developments: a New Approach," NIPE Working Papers 7/2009, NIPE - Universidade do Minho.
- Enrica Detragiache & Antonio Spilimbergo, 2001. "Crises and Liquidity; Evidence and Interpretation," IMF Working Papers 01/2, International Monetary Fund.
- Murray Petrie & Richard Hemming, 2000. "A Framework for Assessing Fiscal Vulnerability," IMF Working Papers 00/52, International Monetary Fund.
- Corsetti, Giancarlo & Roubini, Nouriel, 1996. "European versus American Perspectives on Balanced-Budget Rules," American Economic Review, American Economic Association, vol. 86(2), pages 408-413, May.
- António Afonso, 2000. "Fiscal policy sustainability: some unpleasant European evidence," Working Papers Department of Economics 2000/12, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- Alberto Alesina, 2000. "The Political Economy of the Budget Surplus in the U.S," NBER Working Papers 7496, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel & George Saravelos, 2010. "Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis," NBER Working Papers 16047, National Bureau of Economic Research, Inc.
- Zaijin Zhan & Robert C York, 2009. "Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries," IMF Working Papers 09/174, International Monetary Fund.
More about this item
Keywords
Fiscal policy; fiscal sustainability; primary balance; public debt;JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wun:journl:tje:v04:y2011:i3(15):a07. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Romeo Margea). General contact details of provider: http://edirc.repec.org/data/feuvtro.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.