Primary surplus behavior and risks to fiscal sustainability in emerging market countries : a "fan-chart" approach /

This paper proposes a probabilistic approach to public debt sustainability analysis (DSA) using "fan charts." These depict the magnitude of risks-upside and downside-surrounding public debt projections as a result of uncertain economic conditions and policies. We propose a simulation algor...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Celasun, Oya (Autor), Debrun, Xavier (Autor), Ostry, Jonathan David, 1962- (Autor)
Autor Corporativo: International Monetary Fund. Research and Fiscal Affairs Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research and Fiscal Affairs Dept., 2006.
Colección:IMF working paper ; WP/06/67.
Temas:
Debts, Public > Econometric models.
Fiscal policy > Econometric models.
Dettes publiques > Modèles économétriques.
Politique fiscale > Modèles économétriques.
Debts, Public > Econometric models
Fiscal policy > Econometric models
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. DEBT SUSTAINABILITY ANALYSIS AND RISK
  • III. DEBT DYNAMICS AND THE CONDUCT OF FISCAL POLICY
  • IV. RISKS TO DEBT SUSTAINABILITY IN FIVE EMERGING MARKET ECONOMIES
  • V. CONCLUSION
  • Appendix
  • REFERENCES

Ejemplares similares