Empirical examination of public debt sustainability in African economies: A panel data analysis
Syed Sadaqat Ali Shah,
Rabia Rafique,
Muhammad Asim Afridi
Abstract:This study intends to investigate public debt sustainability across 29 Sub‐Sahara African (SSA) economies, employing various econometric specifications, for the sampled years 1996–2020. The study employs Bohn's (Are stationarity and cointegration restrictions really necessary for the intertemporal budget constraint? Journal of monetary Economics, 54(7), pp.1837–1847.) framework of sustainability as the baseline model to assess public debt sustainability across the sampled Sub‐Sahara African economies. As addit… Show more
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