Actions for A Risk-Based Debt Sustainability Framework [electronic resource]: Incorporating Balance Sheets and Uncertainty

Email RIS file
Bookmark
Report an Issue

A Risk-Based Debt Sustainability Framework [electronic resource]: Incorporating Balance Sheets and Uncertainty

Author
Gray, Dale F.
Published
Washington : International Monetary Fund Feb. 2008
Additional Creators
Loukoianova, Elena and Malone, Samuel W.
Access Online

Availability

I Want It
I Want It

Finding items...

Restrictions on Access
License restrictions may limit access.
Summary
Annotation This paper proposes a new framework for the analysis of public sector debt sustainability. the framework uses concepts and methods from modern practice of contingent claims to develop a quantitative risk-based model of sovereign credit risk. the motivation in developing this framework is to provide a clear and workable complement to traditional debt sustainability analysis which-although it has many useful applications-suffers from the inability to measure risk exposures, default probabilities and credit spreads. Importantly, this new framework can be adapted for policy analysis, including debt and reserve management.
Genre(s)
ISBN
9781451913552
1451913559 (E-Book)
View MARC record | catkey: 41080914