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|a HG3881.5.I58
|b W57 NO.07/56
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|a Mendoza, Enrique G.,
|d 1963-
|e author.
|0 http://id.loc.gov/authorities/names/no93000401
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|a International evidence on fiscal solvency :
|b is fiscal policy "responsible"? /
|c prepared by Enrique G. Mendoza and Jonathan D. Ostry.
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|a Washington, D.C. :
|b International Monetary Fund,
|c ©2007.
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300 |
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|a 1 online resource (30 pages) :
|b illustrations
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336 |
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|a text
|b txt
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|a Includes bibliographical references (pages 29-30).
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|a This paper looks at fiscal solvency and public debt sustainability in both emerging market and advanced countries. Evidence of fiscal solvency, in the form of a robust positive conditional relationship between public debt and the primary fiscal balance, is established in both groups of countries. Evidence of fiscal solvency is much weaker, however, at high debt levels. These findings suggest that many industrial and emerging market economies, including several where fiscal solvency has been the subject of recent debates, appear to conduct fiscal policy responsibly. Yet our results cannot reject the hypothesis of fiscal insolvency in groups of countries with high debt ratios.
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|3 Use copy
|f Restrictions unspecified
|2 star
|5 MiAaHDL
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|a Electronic reproduction.
|b [Place of publication not identified] :
|c HathiTrust Digital Library,
|d 2010.
|5 MiAaHDL
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538 |
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|a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
|u http://purl.oclc.org/DLF/benchrepro0212
|5 MiAaHDL
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583 |
1 |
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|a digitized
|c 2010
|h HathiTrust Digital Library
|l committed to preserve
|2 pda
|5 MiAaHDL
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|a Print version record.
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650 |
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|a Fiscal policy.
|0 http://id.loc.gov/authorities/subjects/sh85048601
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650 |
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|a Fiscal policy
|x Econometric models.
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650 |
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0 |
|a Debts, Public.
|0 http://id.loc.gov/authorities/subjects/sh85036141
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650 |
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|a Debts, Public
|x Econometric models.
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|a Deficit financing.
|0 http://id.loc.gov/authorities/subjects/sh85036456
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|a Deficit financing
|x Econometric models.
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|a Politique fiscale.
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6 |
|a Dettes publiques.
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|a Financement par le déficit.
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|a Politique fiscale
|x Modèles économétriques.
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6 |
|a Dettes publiques
|x Modèles économétriques.
|
650 |
|
6 |
|a Financement par le déficit
|x Modèles économétriques.
|
650 |
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7 |
|a Debts, Public.
|2 fast
|0 (OCoLC)fst00888850
|
650 |
|
7 |
|a Debts, Public
|x Econometric models.
|2 fast
|0 (OCoLC)fst00888859
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650 |
|
7 |
|a Deficit financing.
|2 fast
|0 (OCoLC)fst00889732
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7 |
|a Deficit financing
|x Econometric models.
|2 fast
|0 (OCoLC)fst00889733
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650 |
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7 |
|a Fiscal policy.
|2 fast
|0 (OCoLC)fst00925806
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650 |
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7 |
|a Fiscal policy
|x Econometric models.
|2 fast
|0 (OCoLC)fst00925810
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655 |
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4 |
|a Electronic books.
|
700 |
1 |
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|a Ostry, Jonathan David,
|d 1962-
|e author.
|0 http://id.loc.gov/authorities/names/no92021049
|
710 |
2 |
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|a International Monetary Fund.
|b Research Department.
|0 http://id.loc.gov/authorities/names/n77001219
|
776 |
0 |
8 |
|i Print version:
|a Mendoza, Enrique G., 1963-
|t International evidence on fiscal solvency.
|d Washington, D.C. : International Monetary Fund, ©2007
|w (OCoLC)136946605
|
830 |
|
0 |
|a IMF working paper ;
|v WP/07/56.
|0 http://id.loc.gov/authorities/names/no89010263
|
856 |
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