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Record W2103504571 · doi:10.6000/1929-7092.2012.01.3

Public Debt Sustainability: The Case of Greece

2012· article· en· W2103504571 on OpenAlexvenueno aff
Stefanos Tantos

Bibliographic record

VenueJournal of Reviews on Global Economics · 2012
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicFiscal Policies and Political Economy
Canadian institutionsnot available
Fundersnot available
KeywordsDebtRevenueEconomicsSustainabilityMonetary economicsDebt-to-GDP ratioDebt ratioInternal debtDebt levels and flowsCarry (investment)Debt service ratioEmpirical evidenceMacroeconomicsFinance

Abstract

fetched live from OpenAlex

Abstract: The purpose of this study is to examine whether the Greek public debt will be sustainable up to 2020. To this end, we develop a debt sustainability model and carry out an empirical investigation based on a system of four equations for the period 1980-2009. By conducting a number of simulations, we find that the change of public debt to GDP ratio decreases when the primary deficit decreases or the growth rate increases, while this ratio rises when the real interest rate increases. Finally, adopting scenarios of public debt sustainability for the period 2013-2020, we find out that the debt can be sustainable in the case of high primary surpluses or high growth rates. However, surpluses and growth rates may be lower if the revenues from privatizations or an additional haircut are introduced into the analysis.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.850
Threshold uncertainty score0.600

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.077
GPT teacher head0.283
Teacher spread0.206 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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