The debt to wealth ratio vs the debt to GDP ratio as an indicator of financial stability

Valeria De Bonis

No 57, Public Finance Research Papers from Istituto di Economia e Finanza, DSGE, Sapienza University of Rome

Abstract: The application of the SGP fiscal criteria has evolved over time. This paper reviews the changing role of the debt benchmark in the light of Carlo Casarosa's analysis of the economic meaning of the public debt to GDP ratio.

Keywords: SGP fiscal criteria, debt to GDP ratio, wealth to GDP ratio, EU governance; Italy. (search for similar items in EconPapers)
JEL-codes: F45 H63 H77 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2023-01
New Economics Papers: this item is included in nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.dsge.uniroma1.it/sites/default/files/p ... conomia/e-pfrp57.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:gfe:pfrp00:00057

Access Statistics for this paper

More papers in Public Finance Research Papers from Istituto di Economia e Finanza, DSGE, Sapienza University of Rome Contact information at EDIRC.
Bibliographic data for series maintained by Valeria De Bonis ().