Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries : A "Fan-Chart" Approach /

This paper proposes a probabilistic approach to public debt sustainability analysis (DSA) using "fan charts." These depict the magnitude of risks-upside and downside-surrounding public debt projections as a result of uncertain economic conditions and policies. We propose a simulation algor...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Celasun, Oya
Rannpháirtithe: Debrun, Xavier, Ostry, Jonathan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2006.
Sraith:IMF Working Papers; Working Paper ; No. 2006/067
Rochtain ar líne:Full text available on IMF