01859cas a2200253 a 4500 AALejournalIMF011304 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463904227 1018-5941 BD-DhAAL BD-DhAAL Bannister, Geoffrey. A Debt Intolerance Framework Applied to Central America, Panama and the Dominican Republic / Geoffrey Bannister, Luis Barrot. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents an alternative method for calculating debt targets using the debt intolerance literature of Reinhart, Rogoff, and Savastano (2003) and Reinhart and Rogoff (2009). The methodology presented improves on the previous papers by using a dynamic panel approach, correcting for endogeneity in the regressors and basing the calculation of debt targets on credit ratings, a more objective criteria. In addition the study uses a new data base on general government debt covering 120 countries over 21 years. The paper suggests a ranking of Central America, Panama, and Dominican Republic (CAPDR) countries in terms of debt intolerance - an index which could be used to further investigate the main components of debt intolerance. Mode of access: Internet Barrot, Luis. IMF Working Papers; Working Paper ; No. 2011/220 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/220/001.2011.issue-220-en.xml IMF e-Library