View metadata

dc.titleThe Unexplained Part of Public Debt
dc.contributor.authorJaimovich, Dany
dc.contributor.authorPanizza, Ugo
dc.contributor.authorCampos, Camil F.S.
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.date.available2011-02-07T00:00:00
dc.date.issue2006-03-22T00:00:00
dc.description.abstractThis paper shows that budget deficits account for a relatively small fraction of debt growth and that stock-flow reconciliation, which is often considered a residual entity, is one of the key determinants of debt dynamics. After having explained the importance of the stock-flow reconciliation, the paper shows that this residual entity can be partly explained by contingent liabilities and balancesheet effects.
dc.identifier.doihttp://dx.doi.org/10.18235/0010854
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Unexplained-Part-of-Public-Debt.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomy
dc.subject.keywordsWP-554
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
Return to Publication