Tytuł:

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

Inny tytuł:

Książka = Book ; KS/3/2006/T50R02P02

Twórca:

Miklewski, Antoni

Wydawca:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Miejsce wydania:

Warszawa

Data wydania/powstania:

2006

Opis:

[1-5], 89-103 pages ; 21 cm ; Bibliography p. 102-103

Typ obiektu:

Book/Chapter

Abstrakt:

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).

Czasopismo/Seria/cykl:

Książka = Book

Typ zasobu:

Text

Szczegółowy typ zasobu:

Book

Źródło:

KS-2006-03-T50R02P02

Język:

eng

Język streszczenia:

eng

Prawa:

Creative Commons Attribution BY 4.0 license

Zasady wykorzystania:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitalizacja:

Systems Research Institute of the Polish Academy of Sciences

Lokalizacja oryginału:

Library of Systems Research Institute PAS

Dofinansowane ze środków:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Dostęp:

Open