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...

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Библиографические подробности
Главный автор: Rozenov, Rossen
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/057
Online-ссылка:Full text available on IMF