Identifying Fiscal Policy Transmission in Stochastic Debt Forecasts /

A stochastic debt forecasting framework is presented where projected debt distributions reflect both the joint realization of the fiscal policy reaction to contemporaneous stochastic macroeconomic projections, and also the second-round effects of fiscal policy on macroeconomic projections. The forec...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kawakami, Kei
Weitere Verfasser: Romeu, Rafael
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/107
Online Zugang:Full text available on IMF