Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries /

This paper studies fiscal policy effects in developing countries with external debt and sovereign default risks. State-dependent distributions of fiscal limits are simulated based on macroeconomic uncertainty and fiscal policy specifications. The analysis shows that expected future revenue plays an...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Bi, Huixin
Beste egile batzuk: Shen, Wenyi, Yang, Susan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2014.
Saila:IMF Working Papers; Working Paper ; No. 2014/049
Sarrera elektronikoa:Full text available on IMF