Series: IMF Working Papers
Author(s): Seyed Reza Yousefi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 August 2019
Keywords: Balance sheets, Sovereign wealth funds, Financial markets, Risk-weighted asset, Social security funds, Public sector balance sheet, Fiscal policy, Net financial worth, Net worth, balance sheet
This paper introduces concepts of public sector balance sheet (PSBS) strength, taking into account different aspects of what governments own in addition to what they owe. It develops measures of PSBS strength and i...