Debt Intolerance : Threshold Level and Composition

Debt Intolerance : Threshold Level and Composition

Fiscal vulnerabilities depend on both the level and composition of government debt. This study examines the role of debt thresholds and debt composition in driving the non-linear behavior of long-term interest rates through a novel approach, a pane...

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Bibliographic Details
Main Author: Matsuoka, Hideaki
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
PUBLIC DEBT
GENERALIZED PANEL SMOOTH TRANSITION REGRESSION
DEBT SERVICE BURDEN
DEBT RATIO
PRIVATE INVESTMENT
LONG-TERM INTEREST RATE
DEBT COMPOSITION
Online Access:http://documents.worldbank.org/curated/en/634991591901999238/Debt-Intolerance-Threshold-Level-and-Composition
http://hdl.handle.net/10986/33906

Internet

http://documents.worldbank.org/curated/en/634991591901999238/Debt-Intolerance-Threshold-Level-and-Composition
http://hdl.handle.net/10986/33906

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