Public Debt Sustainability Under Uncertainty : An Invariant Set Approach /

The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant s...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Rozenov, Rossen
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2017.
Sarja:IMF Working Papers; Working Paper ; No. 2017/057
Linkit:Full text available on IMF
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245 1 0 |a Public Debt Sustainability Under Uncertainty :   |b An Invariant Set Approach /  |c Rossen Rozenov. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2017. 
300 |a 1 online resource (28 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant sets. Examples are provided to illustrate how the method can be applied in practice. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2017/057 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2017/057/001.2017.issue-057-en.xml  |z IMF e-Library