A Stochastic Framework for Public Debt Sustainability Analysis

A Stochastic Framework for Public Debt Sustainability Analysis
This paper proposes a framework for public debt sustainability analysis (DSA) that is complementary to that generally used by IFIs. The DSA in this paper has three components: (i) an integrated and consistent accounting framework for the Consolidated Public Sector (CPS); (ii) the estimation of an appropriate, and country-specific debt threshold,... READ MORE...

Publication date: March 2008
ISBN 9781451869200
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