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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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2021/191 |
| Teme: | |
| Online pristup: | Full text available on IMF |