Debt sustainability analysis with conventional and unconventional monetary policy
(2025)
Journal Article
Alberola, E., Cheng, G., Consiglio, A., & Zenios, S. A. (online). Debt sustainability analysis with conventional and unconventional monetary policy. Annals of Operations Research, https://doi.org/10.1007/s10479-025-06723-4
We embed a macro-monetary model into stochastic debt sustainability analysis with optimal debt financing maturities and endogenous risk premia responding to central bank asset purchases. We model the impact on debt dynamics of unconventional monetary... Read More about Debt sustainability analysis with conventional and unconventional monetary policy.