Reviving the Case for GDP-Indexed Bonds /
This paper seeks to revive the case for countries to self-insure against economic growth slowdowns by issuing GDP-indexed bonds. We simulate the effects of GDP-indexed bonds under different assumptions about fiscal policy reaction functions and their output effects and find that they could substanti...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Col·lecció: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2002/010 |
| Accés en línia: | Full text available on IMF |