Browse

You are looking at 1 - 4 of 4 items :

  • South Africa x
  • IMF Working Papers x
Clear All
The Puzzle of Persistently Negative Interest Rate-Growth Differentials
			: Financial Repression or Income Catch-Up?

The Puzzle of Persistently Negative Interest Rate-Growth Differentials : Financial Repression or Income Catch-Up? »

Volume/Issue: 2011/260

Series: IMF Working Papers

Author(s): Anna Shabunina , Julio Escolano , and Jaejoon Woo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

DOI: http://dx.doi.org/10.5089/9781463924553.001

ISBN: 9781463924553

Keywords: interest rate-growth differential, debt dynamics, dynamic efficiency, income catch-up, financial repression, inflation, government debt, real interest rate, private credit, Money And Interest Rates

The interest rate-growth differential (IRGD) shows a marked correlation with GDP per capita. It has been on average around 1 percentage point for large advanced economies during 1999-2008; but below -7 percentage p...

Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries
			: A "Fan-Chart" Approach

Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries : A "Fan-Chart" Approach »

Volume/Issue: 2006/67

Series: IMF Working Papers

Author(s): Oya Celasun , Xavier Debrun , and Jonathan Ostry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

DOI: http://dx.doi.org/10.5089/9781451863277.001

ISBN: 9781451863277

Keywords: Public debt sustainability, fiscal reaction function, risk analysis, fan charts, public debt, equation, correlation, fiscal reaction, National Deficit Surplus, Simulation Methods,

This paper proposes a probabilistic approach to public debt sustainability analysis (DSA) using "fan charts." These depict the magnitude of risks-upside and downside-surrounding public debt projections as a result...

Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries

Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries »

Source: Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries : A "Fan-Chart" Approach

Volume/Issue: 2006/67

Series: IMF Working Papers

Author(s): Oya Celasun , Xavier Debrun , and Jonathan Ostry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863277

Keywords: Public debt sustainability, fiscal reaction function, risk analysis, fan charts, public debt, equation, correlation, fiscal reaction, National Deficit Surplus, Simulation Methods,

This paper proposes a probabilistic approach to public debt sustainability analysis (DSA) using "fan charts." These depict the magnitude of risks-upside and downside-surrounding public debt projections as a result...

The Puzzle of Persistently Negative Interest Rate-Growth Differentials

The Puzzle of Persistently Negative Interest Rate-Growth Differentials »

Source: The Puzzle of Persistently Negative Interest Rate-Growth Differentials : Financial Repression or Income Catch-Up?

Volume/Issue: 2011/260

Series: IMF Working Papers

Author(s): Anna Shabunina , Julio Escolano , and Jaejoon Woo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463924553

Keywords: interest rate-growth differential, debt dynamics, dynamic efficiency, income catch-up, financial repression, inflation, government debt, real interest rate, private credit, Money And Interest Rates

The interest rate-growth differential (IRGD) shows a marked correlation with GDP per capita. It has been on average around 1 percentage point for large advanced economies during 1999-2008; but below -7 percentage p...