Public Debt Sustainability and the COVID Pandemic: The Case of Poland

Kłysik-Uryszek Agnieszka () and Uryszek Tomasz
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Kłysik-Uryszek Agnieszka: University of Lodz, Faculty of Economics and Sociology, POW 3/5, 90-255 Lodz, Poland
Uryszek Tomasz: University of Lodz, Faculty of Economics and Sociology, Rewolucji 1905 r. 39, 90-214 Lodz, Poland

Central European Economic Journal, 2022, vol. 9, issue 56, 68-75

Abstract: This paper aims to analyse and assess the impact of the COVID pandemic effect on the public debt sustainability level in Poland. We put the following research hypothesis in our study: the pandemic period disallowed the production of primary fiscal surpluses and increased the level of fiscal unsustainability in Poland. We took the data from Eurostat and the European Commission databases. We used the Primary gap indicator and no-Ponzi condition as the research methods (for the short-term and the long-term analyses, respectively). Both methods derive from the theory of the intertemporal budget constraint. The results of the empirical studies did not allow us to reject the research hypothesis.

Keywords: COVID; public debt; sustainability; Poland (search for similar items in EconPapers)
JEL-codes: H63 H68 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ceuecj:v:9:y:2022:i:56:p:68-75:n:2

DOI: 10.2478/ceej-2022-0005

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