Primary surplus behavior and risks to fiscal sustainability in emerging market countries : a "fan-chart" approach / O. Celasun, X. Debrun, and J.D. Ostry.

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 of uncertain economic conditions and policies. We propose a simulation algor...

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Online Access: Full Text (via ProQuest)
Main Authors: Celasun, Oya (Author), Debrun, Xavier (Author), Ostry, Jonathan D. (Jonathan David), 1962- (Author)
Corporate Author: International Monetary Fund. Research and Fiscal Affairs Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Research and Fiscal Affairs Dept., 2006.
Series:IMF working paper ; WP/06/67.
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Call Number: HJ8011 .C45 2006eb
HJ8011 .C45 2006eb Available