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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Bi, Huixin
अन्य लेखक: Shen, Wenyi, Yang, Susan
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2014.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2014/049
ऑनलाइन पहुंच:Full text available on IMF