Long-run consequences of the pandemic debt
Gene Tunny
Agenda: a journal of policy analysis and reform2021https://doi.org/10.22459/ag.28.01.2021.10article
ABDC B
Weight
0.26
Abstract
Future Australian federal governments will face difficult choices when they need to address the massive increase in public debt due to the Covid-19 pandemic and the 2008-09 Global Financial Crisis (GFC). Future governments will need to either increase taxes or make difficult spending cuts to improve budget balances and get the debt-to-GDP ratio under control. The huge challenge facing future governments is illustrated using an Australian government Budget Debt Projections Model and Monte Carlo simulations.
Evidence weight
0.26
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.00 × 0.4 = 0.00 |
| M · momentum | 0.20 × 0.15 = 0.03 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.