02059cas a2200277 a 4500 AALejournalIMF011616 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463931162 1018-5941 BD-DhAAL BD-DhAAL Arbatli Saxegaard, Elif. A toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies / Elif Arbatli Saxegaard, Emre Alper, Jiri Jonas, Anke Weber. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (29 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 a range of tools and indicators for analyzing fiscal vulnerabilities and risks for advanced economies. The analysis covers key short-, medium- and long-term dimensions. Short-term pressures are captured by assessing (i) gross funding needs, (ii) market perceptions of default risk, and (iii) stress dependence among sovereigns. Medium- and long-term pressures are summarized by (iv) medium- and long-term budgetary adjustment needs, (v) susceptibility of debt projections to growth and interest rate shocks, and (vi) stochastic risks to medium-term debt dynamics. Aiming to cover a wide range of advanced economies and minimize data lags, has also influenced the selection of empirical methods. Due to these features, they can, for example, help inform the joint IMF-FSB Early Warning Exercise (EWE) on the fiscal dimensions of economic risks. Mode of access: Internet Alper, Emre. Jonas, Jiri. Weber, Anke. IMF Working Papers; Working Paper ; No. 2012/011 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/011/001.2012.issue-011-en.xml IMF e-Library