Sustainability of Serbia’s public debt: Theoretical framework and analysis using the European Commission’s DSA framework

Filip Krvavac
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Filip Krvavac: National Bank of Serbia

Working Papers Bulletin from National Bank of Serbia

Abstract: The paper presents the Naive Bayes classifier (NBC), one of the standard models used for solving classification problems, in the context of textual analysis. The model is examined first from a theoretical perspective and then from a practical one. An empirical study was conducted with the aim of carrying out a thematic classification of news articles using the NBC. The results of our research confirm that the NBC has a high predictive power despite the simplified assumptions on which it is based. These findings suggest a potential for further application of the NBC in the thematic classification of texts, which may have significant implications for economic research.

Keywords: public debt; sustainability; fiscal policy; European Commission; DSA (search for similar items in EconPapers)
JEL-codes: E60 E62 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2025-03
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Persistent link: https://EconPapers.repec.org/RePEc:nsb:bilten:26

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