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Breakdown of Government Debt into Components in Euro Area Countries
2022
Journal of Risk and Financial Management
The pandemic that erupted in 2020 generated a significant increase in public debt, which is likely to draw the attention of economic policy and the economic profession to the evolution and sustainability of debt. This study first shows how the gross sovereign nominal consolidated government debt of the euro area member states developed between 2011 and 2019. Using conventional breakdown and correlation calculation methods, the study analyzes how closely the three components are related to the
doi:10.3390/jrfm15020064
fatcat:5xgh4adqlrbm7ixlz7ooh2dhvu