@misc{Miklewski_Antoni_Development_2006,
 author={Miklewski, Antoni},
 copyright={Creative Commons Attribution BY 4.0 license},
 address={Warszawa},
 journal={Książka = Book},
 howpublished={online},
 year={2006},
 publisher={Instytut Badań Systemowych. Polska Akademia Nauk},
 publisher={Systems Research Institute. Polish Academy of Sciences},
 language={eng},
 abstract={In this paper we consider a national debt sustainability problem in the Euro area countries. We apply and extend an approach developed by Bohn (1998) who proposes to study whether the inter-temporal budget constraint of the government holds by modelling the public debt to GDP ratio as a mean-reverting process which is free from arbitrary discount rates that other approaches need to assume. This paper is concerned with forma/ econometric procedures that a/low one to test for the sustainability of fiscal policy. In our empirical studies we focus on those countries that either have a high debt to GDP ratio (ltaly) or have recently violated the Maastricht treaty by permitting more than three percent of the deficit to GDP ratio (France, Germany and Portugal).},
 title={Development of methods and technologies of informatics for process modeling and management * Tools of mathematical modeling; neuronal nets * Debt sustainability modelling case studies from euro-area countries},
 type={Text},
 URL={http://rcin.org.pl/Content/206721/PDF/KS-2006-03-T50R02P02.pdf},
}