Public Debt Targeting An Application to the Caribbean /

This paper proposes a fiscal policy framework we call Public Debt Targeting. The framework seeks to smooth primary spending over the business cycle while remaining consistent with public debt sustainability. Under the proposed framework, a government announces a commitment to a public debt band traj...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Guerson, Alejandro
Weitere Verfasser: Melina, Giovanni
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/203
Online Zugang:Full text available on IMF