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National fiscal rules, Maastricht fiscal criteria and non-linear public debt dynamics in Serbia

The aim of the paper is to assess the reaction of fiscal policymakers in Serbia when the public debt-to-GDP ratio is above the 45% limit set in the national fiscal rules. The paper proposes a two-regime nonlinear self-exciting threshold autoregressive (SETAR) model as an appropriate econometric fra...

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Bibliografiske detaljer
Hovedforfatter: Vladimir Andrić
Format: Artigo
Sprog:Inglês
Udgivet: Institute of Economic Sciences 2024-08-01
Serier:Economic Analysis
Fag:
Online adgang:https://library.ien.bg.ac.rs/index.php/ea/article/view/1880
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