文章基本信息

标题：APPROACHES OF PUBLIC FINANCE SUSTAINABILITY TAKING INTO ACCOUNT THE CURRENT ECONOMIC CONTEXT
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作者：Alexandra ADAM
期刊名称：Financial Studies
印刷版ISSN：2066-6071
出版年度：2015
卷号：19
期号：1
出版社：“Victor Slăvescu‿Centre for Financial and Monetary Research
摘要：The paper aims to emphasize the approaches of public finance sustainability in the new context created as a result of the fiscal pressures exhibited worldwide, both in advanced and emerging economies. The analysis highlights the need to address public debt sustainability both in terms of deterministic analysis that consider alternative scenarios not only in terms of interest rate, exchange rate, primary balance, economic growth shocks, but also contingent liabilities shocks and in terms of stochastic analysis for a better quantification of the economic agents reactions to changes of public debt level.
关键词：public debt; alternative scenarios; shocks; fiscal;burden indicators