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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Corporate Author: | |
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Other Authors: | |
Format: | Electronic eBook |
Language: | English |
Published: |
[Luxembourg] :
EIB,
[2022]
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Series: | EIB Working Papers,
2022/05 |
Subjects: | |
Online Access: | CONNECT |