Revealing Turkey’s Public Debt Burden: A Transparent Payments Approach

Ertunc Alioglu, Can Erbil and Ferhan Salman ()
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Ertunc Alioglu: Brandeis University
Can Erbil: Brandeis University & EcoMod

Public Economics from EconWPA

Abstract: We postulate a new method of identifying debt which we call Debt Burden (DB). We claim that DB reveals the true debt obligations of the fiscal authority. It is more accurate and transparent. Hence, DB would serve fiscal authority much better in policy making. It is powerful in a sense that it is calculated on a daily basis and can serve as a good policy measure since it includes projections into the future.

Keywords: Debt burden; public debt; Turkey (search for similar items in EconPapers)
JEL-codes: H63 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa and nep-pbe
Date: 2004-09-05
Note: Type of Document - pdf; pages: 18
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0409004

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