A Risk-Based Debt Sustainability Framework : Incorporating Balance Sheets and Uncertainty /
This paper proposes a new framework for the analysis of public sector debt sustainability. The framework uses concepts and methods from modern practice of contingent claims to develop a quantitative risk-based model of sovereign credit risk. The motivation in developing this framework is to provide...
Autor principal: | |
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Altres autors: | , , |
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2008.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2008/040 |
Accés en línia: | Full text available on IMF |