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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Adedeji, Olumuyiwa
अन्य लेखक: Ahokpossi, Calixte, Battiati, Claudio, Farid, Mai
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2016.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2016/163
ऑनलाइन पहुंच:Full text available on IMF