A Probabilistic Approach to Fiscal Space and Prudent Debt Level : Application to Low-Income Developing Countries /

A Probabilistic Approach to Fiscal Space and Prudent Debt Level : Application to Low-Income Developing Countries /

What constitutes fiscal space or a prudent level of debt to conduct countercyclical policy while ensuring debt sustainability? This paper addresses the question by exploring the relationship between debt dynamics, and the probabilistic distribution of the primary balance and the effective interest r...

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Bibliografiske detaljer
Hovedforfatter:	Adedeji, Olumuyiwa
Andre forfattere:	Ahokpossi, Calixte, Battiati, Claudio, Farid, Mai
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2016.
Serier:	IMF Working Papers; Working Paper ; No. 2016/163
Online adgang:	Full text available on IMF

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