Leading Indicators of Fiscal Distress : Evidence from the Extreme Bound Analysis /

Early warning systems (EWS) are widely used for assessing countries' vulnerability to fiscal distress. Most EWS employ a specific set of only fiscal leading indicators predetermined by the researchers, which casts doubt on their robustness. We revisit this issue by using the Extreme Bound Analy...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bruns, Martin
Weitere Verfasser: Poghosyan, Tigran
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/028
Online Zugang:Full text available on IMF