id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ejif-4582	Mohamed, Hazik; Mobin, M. Ashraful	Debt Forgiveness and Debt Relief for Covid-19 Economic Recovery Financed through GDP-Linked Sukuk	2020	8	.pdf	application/pdf	5082	201	53	The concept of the debt limit captures the understanding of fiscal fatigue where ―an improvement in a country‘s structural characteristics or economic growth rate raises its debt limit, while the occurrence (or recognition of the possibility) of a negative shock could push an otherwise sustainable debt level to the unsustainable territory‖. They found evidence of fiscal reactions where ―governments face debt limits beyond which debt cannot be rolled-over‖. They used these findings to compute ―fiscal space‖ which is ―defined as the difference between projected debt ratios and debt limits‖, allowing for further increases in public debt without undermining sustainability. Targeted forgiveness of household debt held by borrowers whose loans are most likely to undermine their financial security (i.e. the low-income debtors determined through the DTI value).	cache/ejif-4582.pdf	txt/ejif-4582.txt