A toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies /

This paper presents a range of tools and indicators for analyzing fiscal vulnerabilities and risks for advanced economies. The analysis covers key short-, medium- and long-term dimensions. Short-term pressures are captured by assessing (i) gross funding needs, (ii) market perceptions of default risk...

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Bibliografske podrobnosti
Glavni avtor: Arbatli Saxegaard, Elif
Drugi avtorji: Alper, Emre, Jonas, Jiri, Weber, Anke
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2012.
Serija:IMF Working Papers; Working Paper ; No. 2012/011
Online dostop:Full text available on IMF
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100 1 |a Arbatli Saxegaard, Elif. 
245 1 2 |a A toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies /  |c Elif Arbatli Saxegaard, Emre Alper, Jiri Jonas, Anke Weber. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2012. 
300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents a range of tools and indicators for analyzing fiscal vulnerabilities and risks for advanced economies. The analysis covers key short-, medium- and long-term dimensions. Short-term pressures are captured by assessing (i) gross funding needs, (ii) market perceptions of default risk, and (iii) stress dependence among sovereigns. Medium- and long-term pressures are summarized by (iv) medium- and long-term budgetary adjustment needs, (v) susceptibility of debt projections to growth and interest rate shocks, and (vi) stochastic risks to medium-term debt dynamics. Aiming to cover a wide range of advanced economies and minimize data lags, has also influenced the selection of empirical methods. Due to these features, they can, for example, help inform the joint IMF-FSB Early Warning Exercise (EWE) on the fiscal dimensions of economic risks. 
538 |a Mode of access: Internet 
700 1 |a Alper, Emre. 
700 1 |a Jonas, Jiri. 
700 1 |a Weber, Anke. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2012/011 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2012/011/001.2012.issue-011-en.xml  |z IMF e-Library