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  • 标题:Dynamic Analysis of Public and External Debt Sustainability
  • 本地全文:下载
  • 作者:Babić, Ante ; Krznar, Ivo ; Nestić, Danijel
  • 期刊名称:Croatian Economic Survey
  • 印刷版ISSN:1330-4860
  • 电子版ISSN:1846-3878
  • 出版年度:2005
  • 期号:7
  • 页码:53-104
  • 出版社:Institute of Economics and Ministry of Finance of the Republic of Croatia
  • 摘要:This study builds the framework for the analysis of external and public debt sustainability aimed at providing an objective assessment of the outstanding debt stock and forecasting its evolution over time. The analysis incorporates projections of key macroeconomic variables and projections of debt developments as well as analysis of sensitivity of the projected debt ratio to various macroeconomic shocks. The results of sensitivity analysis can then be used to make qualitative judgements on debt sustainability and to recognize major risks.
  • 关键词:public debt; external debt; sustainability analysis
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