Repository logo
 
Publication

Sovereign debt composition and time-varying public finance sustainability

2017Journal article Open access
Simple item page
dc.contributor.authorAfonso, António
dc.contributor.authorJalles, João Tovar
dc.date.accessioned2022-09-16T10:33:47Z
dc.date.available2022-09-16T10:33:47Z
dc.date.issued2017
dc.description.abstractWe compute time-varying responses of the sovereign debt ratio to primary budget balances for 13 advanced economies between 1980 and 2012, and assess how fiscal sustainability reacts to different characteristics of government debt. We find that the sustainability time-varying coefficient increases and countries become more fiscally sustainable if they contract a higher share of long-term public debt, if more debt is held by the central bank or if it is easily marketable in capital markets.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAfonso, António and João Tovar Jalles. (2017). "Sovereign debt composition and time-varying public finance sustainability". The North American Journal of Economics and Finance, Vol. 42: pp.144-155.pt_PT
dc.identifier.doi10.1016/j.najef.2017.07.008pt_PT
dc.identifier.issn1062-9408
dc.identifier.urihttp://hdl.handle.net/10400.5/25516
dc.language.isoengpt_PT
dc.publisherElsevierpt_PT
dc.relationUECE is supported by FCT (Fundação para a Ciência e a Tecnologia, Portugal).pt_PT
dc.subjectSovereign Debtpt_PT
dc.subjectFiscal Sustainabilitypt_PT
dc.subjectTime-Varying Coefficientspt_PT
dc.subjectDebt Compositionpt_PT
dc.titleSovereign debt composition and time-varying public finance sustainabilitypt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
AAFONSO, JTJALLES. NAJEand Finance. 2017.pdf
Size:
436.74 KB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

REM - Artigos em Revistas Internacionais / Articles in International Journals
UECE - Artigos em Revistas Internacionais / Articles in International Journals