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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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/634991591901999238/Debt-Intolerance-Threshold-Level-and-Composition http://hdl.handle.net/10986/33906 |