Reviving the Case for GDP-Indexed Bonds /

This paper seeks to revive the case for countries to self-insure against economic growth slowdowns by issuing GDP-indexed bonds. We simulate the effects of GDP-indexed bonds under different assumptions about fiscal policy reaction functions and their output effects and find that they could substanti...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Borensztein, Eduardo
مؤلفون آخرون: Mauro, Paolo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2002.
سلاسل:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2002/010
الوصول للمادة أونلاين:Full text available on IMF