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...
| Autore principale: | |
|---|---|
| Altri autori: | |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| Serie: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2002/010 |
| Accesso online: | Full text available on IMF |