Pooling Fiscal Risk in the ECCU : Quantifying Savings of a Regional Fund for Stabilization and Investment /

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...

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Bibliografiske detaljer
Hovedforfatter:	Guerson, Alejandro
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2021.
Serier:	IMF Working Papers; Working Paper ; No. 2021/191
Fag:	General Financial Markets Mathematical Methods and Programming National Budget, Deficit, and Debt National Government Expenditures and Related Policies Other Public Investment and Capital Stock
Online adgang:	Full text available on IMF

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