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...
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| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2014/049 |
| Accesso online: | Full text available on IMF |