A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates

 
Author/Editor: Julio Escolano
 
Publication Date: January 27, 2010
 
Electronic Access: Free Full text (PDF file size is 171KB).
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Summary: This paper presents a practical guide to public debt dynamics, fiscal sustainability, and cyclical adjustment of budgetary aggregates. The paper discusses fiscal formulas, which may be of practical use in fiscal analysis. The paper derives, respectively, the formulas for debt dynamics, and cyclical and inflation adjustment of budgetary aggregates. It discusses other relationships for special applications, and some practical implications and usage. The formulas related to debt dynamics are based on the assumption that changes in liabilities are the result of above-the-line budgetary operations.
 
Series: Technical Notes and Manuals No. 2010/2

 
English
Publication Date: January 27, 2010
ISBN/ISSN: 9781462396955/2075-8669 Format: Paper
Stock No: TNMEA2010002 Pages: 26
Price:
US$10.00 (Academic Rate:
US$10.00 )
 
 
English
Publication Date: January 27, 2010
ISBN/ISSN: 978-1-58906-942-8 / 2075-8669 Format: A web quality merged PDF
Stock No: TNMET2010002
Price:
Free
 
 
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