How much is too much? : assessing the non-linear relationship between debt and sovereign creditworthiness.

Public debt levels are a very weak predictor of a country's credit rating if a country's other features are not taken into account. However, everything else equal, more public debt is associated with worse ratings. This paper explores the relationship between debt and sovereign creditworth...

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Bibliographic Details
Corporate Author: European Investment Bank
Other Authors: Zwart, Sanne
Format: Electronic eBook
Language:English
Published: [Luxembourg] : EIB, [2022]
Series:EIB Working Papers, 2022/05
Subjects:
Online Access:CONNECT