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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Detaylı Bibliyografya
Yazar: Adedeji, Olumuyiwa
Diğer Yazarlar: Ahokpossi, Calixte, Battiati, Claudio, Farid, Mai
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2016.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2016/163
Online Erişim:Full text available on IMF