Public Debt Sustainability Under Uncertainty : An Invariant Set Approach /

The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant s...

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书目详细资料
主要作者: Rozenov, Rossen
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2017.
丛编:IMF Working Papers; Working Paper ; No. 2017/057
在线阅读:Full text available on IMF
实物特征
总结:The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant sets. Examples are provided to illustrate how the method can be applied in practice.
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实物描述:1 online resource (28 pages)
格式:Mode of access: Internet
ISSN:1018-5941
访问:Electronic access restricted to authorized BRAC University faculty, staff and students