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...
第一著者: | |
---|---|
その他の著者: | |
フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2002.
|
シリーズ: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2002/010 |
オンライン・アクセス: | Full text available on IMF |