Browse

You are looking at 1 - 10 of 10 items :

  • Insurance - Risk Assessment and Management x
  • Books and Analytical Papers x
  • Keywords: Fiscal x
Clear All
Contingent Liabilities

Contingent Liabilities »

Source: Contingent Liabilities : Issues and Practice

Volume/Issue: 2008/245

Series: IMF Working Papers

Author(s): Aliona Cebotari

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

ISBN: 9781451871036

Keywords: government guarantees, fiscal risks, disclosure, contingent liability, accounting standards, moral hazard, beneficiaries,

Contingent liabilities have gained prominence in the analysis of public finance. Indeed, history is full of episodes in which the financial position of the public sector is substantially altered-or its true nature...

The Euro Area Crisis

The Euro Area Crisis »

Source: The Euro Area Crisis : Need for a Supranational Fiscal Risk Sharing Mechanism?

Volume/Issue: 2013/198

Series: IMF Working Papers

Author(s): Davide Furceri , and Aleksandra Zdzienicka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

ISBN: 9781484334201

Keywords: risk sharing, consumption smoothing, fiscal union, moral hazard, banking crises, moral hazard problems, private consumption, Financial Aspects of Economic Integration, Open Economy Macroeconomics,

The aim of this paper is to assess the effectiveness of risk sharing mechanisms in the euro area and whether a supranational fiscal risk sharing mechanism could insure countries against very severe downturns. Using...

Government Contingent Liabilities and the Measurement of Fiscal Impact

Government Contingent Liabilities and the Measurement of Fiscal Impact »

Source: Government Contingent Liabilities and the Measurement of Fiscal Impact

Volume/Issue: 1990/57

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1990

ISBN: 9781451967111

Keywords: social security, contingent liabilities, fiscal impact, deposit insurance, budgetary control

Conventional fiscal accounting methodologies do not appropriately account for governments’ noncash policies, such as their contingent liabilities. When these liabilities are called, budget costs can be large...

Toward A Fiscal Union for the Euro Area

Toward A Fiscal Union for the Euro Area »

Volume/Issue: 2013/9

Series: Staff Discussion Notes

Author(s): Céline Allard , Petya Koeva Brooks , John Bluedorn , Fabian Bornhorst , Franziska Ohnsorge , and Katharine Christopherson Puh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

DOI: http://dx.doi.org/10.5089/9781484307373.006

ISBN: 9781484307373

Keywords: Euro Area, Fiscal Union, Fiscal Integration, Fiscal Federalism, Fiscal Governance, Risk Sharing, fiscal risk, fiscal rules, fiscal discipline, fiscal policies,

This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union. Some proposals have emerged in Europe, and it wi...

Contingent Liabilities
			: Issues and Practice

Contingent Liabilities : Issues and Practice »

Volume/Issue: 2008/245

Series: IMF Working Papers

Author(s): Aliona Cebotari

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

DOI: http://dx.doi.org/10.5089/9781451871036.001

ISBN: 9781451871036

Keywords: government guarantees, fiscal risks, disclosure, contingent liability, accounting standards, moral hazard, beneficiaries,

Contingent liabilities have gained prominence in the analysis of public finance. Indeed, history is full of episodes in which the financial position of the public sector is substantially altered-or its true nature...

Government Contingent Liabilities and the Measurement of Fiscal Impact

Government Contingent Liabilities and the Measurement of Fiscal Impact »

Volume/Issue: 1990/57

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1990

DOI: http://dx.doi.org/10.5089/9781451967111.001

ISBN: 9781451967111

Keywords: social security, contingent liabilities, fiscal impact, deposit insurance, budgetary control

Conventional fiscal accounting methodologies do not appropriately account for governments’ noncash policies, such as their contingent liabilities. When these liabilities are called, budget costs can be large...

Pricing of Sovereign Credit Risk
			: Evidence From Advanced Economies During the Financial Crisis

Pricing of Sovereign Credit Risk : Evidence From Advanced Economies During the Financial Crisis »

Volume/Issue: 2012/24

Series: IMF Working Papers

Author(s): Emre Alper , Lorenzo Forni , and Marc Gerard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

DOI: http://dx.doi.org/10.5089/9781463931865.001

ISBN: 9781463931865

Keywords: bond, arbitrage, bonds, stock prices, Advanced Economies, Sovereign Spreads, Fiscal Risks,

We investigate the pricing of sovereign credit risk over the period 2008-2010 for selected advanced economies by examining two widely-used indicators: sovereign credit default swap (CDS) and relative asset swap (RA...

The Euro Area Crisis
			: Need for a Supranational Fiscal Risk Sharing Mechanism?

The Euro Area Crisis : Need for a Supranational Fiscal Risk Sharing Mechanism? »

Volume/Issue: 2013/198

Series: IMF Working Papers

Author(s): Davide Furceri , and Aleksandra Zdzienicka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

DOI: http://dx.doi.org/10.5089/9781484334201.001

ISBN: 9781484334201

Keywords: risk sharing, consumption smoothing, fiscal union, moral hazard, banking crises, moral hazard problems, private consumption, Financial Aspects of Economic Integration, Open Economy Macroeconomics,

The aim of this paper is to assess the effectiveness of risk sharing mechanisms in the euro area and whether a supranational fiscal risk sharing mechanism could insure countries against very severe downturns. Using...

Pricing of Sovereign Credit Risk

Pricing of Sovereign Credit Risk »

Source: Pricing of Sovereign Credit Risk : Evidence From Advanced Economies During the Financial Crisis

Volume/Issue: 2012/24

Series: IMF Working Papers

Author(s): Emre Alper , Lorenzo Forni , and Marc Gerard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931865

Keywords: bond, arbitrage, bonds, stock prices, Advanced Economies, Sovereign Spreads, Fiscal Risks,

We investigate the pricing of sovereign credit risk over the period 2008-2010 for selected advanced economies by examining two widely-used indicators: sovereign credit default swap (CDS) and relative asset swap (RA...

Toward A Fiscal Union for the Euro Area

Toward A Fiscal Union for the Euro Area »

Source: Toward A Fiscal Union for the Euro Area

Volume/Issue: 2013/9

Series: Staff Discussion Notes

Author(s): Céline Allard , Petya Koeva Brooks , John Bluedorn , Fabian Bornhorst , Franziska Ohnsorge , and Katharine Christopherson Puh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

ISBN: 9781484307373

Keywords: Euro Area, Fiscal Union, Fiscal Integration, Fiscal Federalism, Fiscal Governance, Risk Sharing, fiscal risk, fiscal rules, fiscal discipline, fiscal policies,

This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union. Some proposals have emerged in Europe, and it wi...