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We analyse the effects of fiscal expansions using a New Keynesian model and find that the reverse holds in the presence of sovereign default risk. →

This is the presentation used by Casper van Ewijk and Jasper Lukkezen during a meeting to present the CPB Policy Brief 2013/08 'Early warning indicators for debt sustainability'. →

This CPB Policy Brief develops a simple dynamic framework for assessing the sustainability of public finances over a medium-term horizon. →

This document is in Dutch, there is no English version. →

This document is in Dutch, there is no English translation. →

This document is in Dutch, there is no English translation. →

What is a prudent public debt-to-GDP ratio? This background document accompanies the Dutch CPB Policy Brief 'Naar een prudent niveau van de overheidsschuld'. →

In most OECD countries, the financial crisis leads to a drop in GDP and has brought government finances into a state of disarray. As high public debt will slow down GDP growth, order in government finances must be restored, sooner or later. →

This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. →

This CPB Discussion Paper proposes indicators to assess government debt sustainability. Sustainable government finances can be achieved via three main channels: fiscal responses, economic growth and financial repression. →