The impact of fiscal policy on prices: does the fiscal theory of price level matter in latvia?... Exploring VAR in two variables, primary balance ratio to GDP and public debt ratio to GDP, and calculating the impulse response functions to innovations in the former variable, it supposes an evidence of the exogeneity of Latvian general government...
The challenge of restoring debt sustainability in a deep economic recession: the case of greeceThe present paper studies the evolution of the Greek public debt ratio under different assumptions regarding the size and the degree of persistence of fiscal multiplies, the implementation profile of the applied fiscal adjustment...
The relationship between public debt and economic growth: nonlinearity and country-specificity... The findings reveal that the impact of the public debt ratio on economic growth, cointegration and nonlinearity between these two variables, as well as the debt-value thresholds are all country-specific....
Public education, pension and debt policy... Moreover, our paper considers the target policy to be constant public debt ratio to GDP over time....