Public Debt Sustainability and the COVID Pandemic: The Case of Poland

• Authors: Agnieszka Kłysik-Uryszek , Tomasz Uryszek

Abstracts

EN

This paper aims to analyse and assess the impact of the COVID pandemic effect on the public debt sustainability level in Poland. We put the following research hypothesis in our study: the pandemic period disallowed the production of primary fiscal surpluses and increased the level of fiscal unsustainability in Poland. We took the data from Eurostat and the European Commission databases. We used the Primary gap indicator and no-Ponzi condition as the research methods (for the short-term and the long-term analyses, respectively). Both methods derive from the theory of the intertemporal budget constraint. The results of the empirical studies did not allow us to reject the research hypothesis.

Keywords

EN

COVID; public debt; sustainability; Poland

• Publisher: Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
• Journal: Central European Economic Journal
• Year: 2022
• Volume: 9
• Issue: 56
• Pages: 68-75

Dates

published

2022

Contributors

author

Agnieszka Kłysik-Uryszek

• University of Lodz, Faculty of Economics and Sociology, Lodz, Poland

• https://orcid.org/0000000168768751

author

Tomasz Uryszek

• University of Lodz, Faculty of Economics and Sociology, Lodz, Poland

• https://orcid.org/0000000348923747

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Identifiers

DOI

10.2478/ceej-2022-0005

Biblioteka Nauki

2076905