Series: IMF Working Papers
Author(s): Philippe Karam , and Douglas Hostland
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2005
Keywords: risk measures, fiscal rule, public debt, external debt, debt burden, current account, primary fiscal balance, Simulation Methods, National Deficit Surplus,
This paper applies stochastic simulation methods to assess debt sustainability in emerging market economies and provide probability measures for projections of the external and public debt burden over the medium te...