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...

詳細記述

書誌詳細
第一著者: Borensztein, Eduardo
その他の著者: Mauro, Paolo
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