Pooling Fiscal Risk in the ECCU : Quantifying Savings of a Regional Fund for Stabilization and Investment /
This paper quantifies the savings obtained from risk pooling with a Regional Stabilization Fund (RSF) for the Eastern Caribbean Currency Union. A Monte Carlo experiment is used to estimate the size of a RSF conditional on probabilities of depletion under specific saving-withdrawal rules. Results ind...
Autor principal: | |
---|---|
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2021.
|
Col·lecció: | IMF Working Papers; Working Paper ;
No. 2021/191 |
Matèries: | |
Accés en línia: | Full text available on IMF |