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In contrast to corporate defaults, regulators typically take a number of statutory actions to...

This paper outlines a way to estimate transition matrices for use in credit risk modeling with a...

The fiscal position of the Eastern Caribbean Currency Union (ECCU) has deteriorated significantly...

To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law...

Debt Sustainability in Low-Income Countries - Toward a Forward-Looking Strategy

This paper explores the global impact of population aging, using a calibrated overlapping...