Measuring Debt Burden

Sofya Donets () and Alexey Ponomarenko
Additional contact information
Sofya Donets: Bank of Russia, Russian Federation

No wps5, Bank of Russia Working Paper Series from Bank of Russia

Abstract: We analyse two debt burden measures - credit-to-GDP and debt service ratio. For that purpose we calculate equilibrium debt ratios on the basis of fundamental macroeconomic indicators and compare them with international data. We conclude that the current value of this ratio in Russia is likely to be close to the equilibrium or exceed it.

Keywords: debt burden; equilibrium credit-to-GDP ratio; debt service ratio (DSR); Russia (search for similar items in EconPapers)
JEL-codes: E44 E51 G01 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2015-06
New Economics Papers: this item is included in nep-cis and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.cbr.ru/Content/Document/File/87550/wps_5_e.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bkr:wpaper:wps5

Access Statistics for this paper

More papers in Bank of Russia Working Paper Series from Bank of Russia Contact information at EDIRC.
Bibliographic data for series maintained by BoR Research ( this e-mail address is bad, please contact ).