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...
Autor Principal: | |
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Outros autores: | , , |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2016.
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Series: | IMF Working Papers; Working Paper ;
No. 2016/014 |
Acceso en liña: | Full text available on IMF |