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...

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Détails bibliographiques
Auteur principal: Guerson, Alejandro
Autres auteurs: Melina, Giovanni
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:IMF Working Papers; Working Paper ; No. 2011/203
Accès en ligne:Full text available on IMF