The Fiscal Costs of Contingent Liabilities : A New Dataset /
We construct the first comprehensive dataset of contingent liability realizations in advanced and emerging markets for the period 1990-2014. We find that contingent liability realizations are a major source of fiscal distress. The average fiscal cost of a contingent liability realization is 6 percen...
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Andre forfattere: | , , |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2016.
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Serier: | IMF Working Papers; Working Paper ;
No. 2016/014 |
Online adgang: | Full text available on IMF |