For a panel of 21 OECD heterogeneous countries from 1991 to 2015, we study
governments' reactions to the accumulation of debt and look at whether governments …

The aim of this paper is to study the sustainability of public finances in the Eurozone
particularly after the 2007 financial crisis. This paper goes beyond the standard analysis of …

An aspect of the 'exorbitant privilege'we examine in this paper is the ability of the reserve
currency issuer to run expansionary fiscal policies to stabilize the economy when a negative …

We investigate the long-term effect of domestic currency depreciation on external debt for a
panel of 41 emerging economies over the years 1999–2019 based on quarterly data. Using …

b–1≤∑ dfi pdi+ lim dft bt i= 0→∞ ahol a diszkontfaktor dft= 1+ gt 1+ rt dft–1, továbbá gt a
gazdasági növekedés, rt az államadósság (bt) után fizetett kamat, és pdi a költségvetés …

Governments mostly employ static constraints on fiscal policy to control government debt
levels, such as the Stability and Growth Pact in the European Union and the debt limit in the …

Public debt sustainability plays a crucial role in shaping growth perspectives, particularly for
emerging countries such as Côte d'Ivoire, one of the fastest growing and largest economies …

Bütçe açıklarının sürdürülebilirliği ve mali sürdürülebilirlik ile bağlantılı olan borç
sürdürülebilirliği, başarılı bir maliye politikası için gerekli olan finansman açığının borçlanma …

The 2008 Mortgage crisis that emerges in the United States affected almost all countries in
the world. Following this effect, a new crisis, namely the debt crisis, appeared in Europe …

Abstract [eng] Loans help a country stay financially stable during economic downfall, war or
natural disasters and to finance investments and growing state expenses. However, despite …