Assessing Fiscal Sustainability Under Uncertainity /

Unlike conventional fiscal sustainability assessments, the Value-at-Risk approach developed in this paper explicitly captures the contribution of key risk variables to public sector vulnerability. In an illustrative application to Ecuador, the VaR approach confirms a significant risk of government f...

Полное описание

Библиографические подробности
Главный автор: Barnhill, Theodore
Другие авторы: Kopits, George
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2003.
Серии:IMF Working Papers; Working Paper ; No. 2003/079
Online-ссылка:Full text available on IMF