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...

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Dettagli Bibliografici
Autore principale: Kawakami, Kei
Altri autori: Romeu, Rafael
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/107
Accesso online:Full text available on IMF