A Simple Stochastic Approach to Debt Sustainability Applied to Lebanon

A Simple Stochastic Approach to Debt Sustainability Applied to Lebanon
This paper applies a simple probabilistic approach to debt sustainability analysis to the case of Lebanon. The paper derives "fan charts" to depict the probability distribution of the government debt to GDP ratio under a medium-term adjustment scenario, as a result of shocks to GDP growth and interest rates. The distribution of shocks is derived... READ MORE...

Publication date: April 2008
ISBN 9781451869583
$18.00

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