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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Bova, Elva
מחברים אחרים: Ruiz-Arranz, Marta, Toscani, Frederik, Ture, H. Elif
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2016.
סדרה:IMF Working Papers; Working Paper ; No. 2016/014
גישה מקוונת:Full text available on IMF