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Fiscal sustainability and low interest rates: what an indicator can(’t) tell
The indicator that is commonly used to assess the long-term fiscal sustainability of public finances in EU member states (“S2”) is also defined if government borrowing rates are assumed to be permanently lower than the growth rate of GDP. Under these circumstances, however, it no longer provides a r...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer US
2021
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8719116/ https://www.ncbi.nlm.nih.gov/pubmed/35506055 http://dx.doi.org/10.1007/s10663-021-09531-8 |