Jun I Kim
Biographic Data
| ID | 5736730 |
|---|---|
| NAME | Jun I Kim |
| GIVEN NAMES | Jun I |
| FAMILY NAME | Kim |
| SIGNATURE | KIM J I |
| AFFILIATIONS | International Monetary Fund |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 20 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2013 |
| H-INDEX | 1 |
Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
How high can public debt rise without compromising fiscal solvency? We answer this question using a stochastic model of sovereign default in which risk-neutral investors lend to a government that displays ‘fiscal fatigue’, whereby its ability to increase primary balances cannot keep pace with rising debt. As a result, the government faces an endogenous debt limit beyond which debt cannot be rolled over. Using data for 23 advanced economies over t…
Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
How high can public debt rise without compromising fiscal solvency? We answer this question using a stochastic model of sovereign default in which risk-neutral investors lend to a government that displays ‘fiscal fatigue’, whereby its ability to increase primary balances cannot keep pace with rising debt. As a result, the government faces an endogenous debt limit beyond which debt cannot be rolled over. Using data for 23 advanced economies over t…
Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
How high can public debt rise without compromising fiscal solvency? We answer this question using a stochastic model of sovereign default in which risk-neutral investors lend to a government that displays ‘fiscal fatigue’, whereby its ability to increase primary balances cannot keep pace with rising debt. As a result, the government faces an endogenous debt limit beyond which debt cannot be rolled over. Using data for 23 advanced economies over t…
Debt (1 works) · Debt levels and flows (1 works) · Debt ratio (1 works) · Debt-to-GDP ratio (1 works) · Economics (1 works) · Fiscal Policies and Political Economy (1 works) · Fiscal policy (1 works) · Fiscal space (1 works) · Fiscal sustainability (1 works) · Global Financial Crisis and Policies (1 works)