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Public Debt Targeting An Application to the Caribbean

Public Debt Targeting An Application to the Caribbean »

Journal Issue

Volume/Issue: 2011/203

Series: IMF Working Papers

Author(s): Alejandro Guerson , and Giovanni Melina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

DOI: http://dx.doi.org/10.5089/9781463902148.001

ISBN: 9781463902148

Keywords: Procyclical spending, public debt sustainability, public debt, primary expenditure, debt accumulation, debt sustainability, International Lending and Debt Problems, International Finance Forecasting and Simulation, National Budget, Deficit

This paper proposes a fiscal policy framework we call Public Debt Targeting. The framework seeks to smooth primary spending over the business cycle while remaining consistent with public debt sustainability. Under...

Public Debt Targeting An Application to the Caribbean

Public Debt Targeting An Application to the Caribbean »

Article

Source: Public Debt Targeting An Application to the Caribbean

Volume/Issue: 2011/203

Series: IMF Working Papers

Author(s): Alejandro Guerson , and Giovanni Melina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781463902148

Keywords: Procyclical spending, public debt sustainability, public debt, primary expenditure, debt accumulation, debt sustainability, International Lending and Debt Problems, International Finance Forecasting and Simulation, National Budget, Deficit

This paper proposes a fiscal policy framework we call Public Debt Targeting. The framework seeks to smooth primary spending over the business cycle while remaining consistent with public debt sustainability. Under...