Debt Limits and the Structure of Public Debt /
This paper provides a tractable framework to assess how the structure of debt instruments-specifically by currency denomination and indexation to GDP-can raise the debt limit of a sovereign. By calibrating the model to different country fundamentals, it is clear that there is no one-size-fits-all ap...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2017.
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Series: | IMF Working Papers; Working Paper ;
No. 2017/117 |
Acceso en liña: | Full text available on IMF |