Safe Debt and Uncertainty in Emerging Markets : An Application to South Africa /
This paper develops a methodology for estimating a safe public debt level that would allow countries to remain below a maximum sustainable debt limit, taking into account the impact of uncertainty. Our analysis implies that fiscal policy should target a debt level well below the debt ceiling to allo...
Príomhchruthaitheoir: | |
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Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2014.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 2014/231 |
Rochtain ar líne: | Full text available on IMF |