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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bi, Huixin
Muut tekijät: Shen, Wenyi, Yang, Susan
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2014.
Sarja:IMF Working Papers; Working Paper ; No. 2014/049
Linkit:Full text available on IMF