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Testing Fiscal Solvency in Macroeconomics

Advances in Intelligent Systems and Computing (2020) 1009 AISC 70-76
DOI: 10.1007/978-3-030-38227-8_9
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Abstract

This paper presents a literature review regarding the assessment of government solvency and fiscal policy. While indicators for fiscal sustainability are forward looking and based on expected future fiscal policies, tests are backward looking and based on information about the past values of fiscal variables. In this paper, we describe the main tests for fiscal solvency.

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Canofari, P., & Piergallini, A. (2020). Testing Fiscal Solvency in Macroeconomics. In Advances in Intelligent Systems and Computing (Vol. 1009 AISC, pp. 70–76). Springer. https://doi.org/10.1007/978-3-030-38227-8_9

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