01508cas a2200241 a 4500 AALejournalIMF013508 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484381991 1018-5941 BD-DhAAL BD-DhAAL Tanner, Evan. Fiscal Sustainability : A 21st Century Guide for the Perplexed / Evan Tanner. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (49 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 critically reviews recent work regarding the sustainability of public debt. It argues that Debt Sustainability Analyses (DSAs) should be more than mere mechanical simulation exercises. Instead, a DSA should be linked to some objective regarding the distribution of fiscal burdens and distortions over time (in the tradition of Barro's 1979 tax smoothing objective). The paper discusses objective functions that yield simple and transparent fiscal policy rules. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2013/089 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/089/001.2013.issue-089-en.xml IMF e-Library