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Assessing Fiscal Sustainability Under Uncertainity

Assessing Fiscal Sustainability Under Uncertainity »

Source: Assessing Fiscal Sustainability Under Uncertainity

Volume/Issue: 2003/79

Series: IMF Working Papers

Author(s): Theodore Barnhill , and George Kopits

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451850222

Keywords: Value-at-Risk analysis, vulnerability to crises, emerging markets, fiscal sustainability, probability, fiscal risk, fiscal vulnerability, Criteria for Decision-Making under Risk and Uncertainty, Open Economy Macroeconomics,

Unlike conventional fiscal sustainability assessments, the Value-at-Risk approach developed in this paper explicitly captures the contribution of key risk variables to public sector vulnerability. In an illustrativ...

Assessing Fiscal Sustainability Under Uncertainity

Assessing Fiscal Sustainability Under Uncertainity »

Volume/Issue: 2003/79

Series: IMF Working Papers

Author(s): Theodore Barnhill , and George Kopits

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

DOI: http://dx.doi.org/10.5089/9781451850222.001

ISBN: 9781451850222

Keywords: Value-at-Risk analysis, vulnerability to crises, emerging markets, fiscal sustainability, probability, fiscal risk, fiscal vulnerability, Criteria for Decision-Making under Risk and Uncertainty, Open Economy Macroeconomics,

Unlike conventional fiscal sustainability assessments, the Value-at-Risk approach developed in this paper explicitly captures the contribution of key risk variables to public sector vulnerability. In an illustrativ...