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Sustainability of public debt in Sri Lanka under symmetric and asymmetric cointegration among fiscal variables

PhD Seminar (Econ)


Shanika Rathnayake, PhD Scholar, Crawford School of Public Policy


Other, please see description for details


Friday, 26 October, 2018 - 09:30 to 11:00

The sustainability of public debt in Sri Lanka has become an intensely debated concern. This paper uses data for 1961–2017 to study this issue. The method estimates fiscal reaction functions, using symmetric and asymmetric cointegration techniques. The results highlight non-linearities among the effects of fiscal variables. There are significant differences in the short- and long-run responses of Sri Lanka’s primary balance to positive or negative changes in the regressors.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/13205/sustainability-public-debt-sri-lanka-under-symmetric-and-asymmetric


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