Fiscal sustainability and financial stability

@inproceedings{Komrkov2013FiscalSA,
  title={Fiscal sustainability and financial stability},
  author={Zlatu{\vs}e Kom{\'a}rkov{\'a} and Vilma Dingov{\'a} and Lubo{\vs} Kom{\'a}rek},
  year={2013}
}
The paper focuses on how, as the two-way interaction between the financial sector and the government sector grows, so does the dependence between financial stability and fiscal stability. High creditworthiness in government debt represents both a significant source of certainty for the financial system and a solid basis for the pricing of assets through the supply of risk-free government bonds. Given the risk of a downward spiral developing between the two sectors, it is vital, in the interests… CONTINUE READING

References

Publications referenced by this paper.
SHOWING 1-10 OF 12 REFERENCES

The Future of Sovereign Borrowing, speech delivered at the conference

A. Missale
  • 2013
VIEW 2 EXCERPTS

Financial Stability Review: Public Debt

CH Rosenberg
  • 2012

Impacts of the Sovereign Default Crisis on the Czech Financial Sector, CNB, Financial Stability Report 2011/2012

K. Janáček, M. Hlaváček, L. Komárek, Z. Komárková
  • 2012
VIEW 2 EXCERPTS

Similar Papers

Loading similar papers…