Assessing Fiscal Stress
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Originally published | May 2011 |
Authors | Emanuele Baldacci |
Nazim Belhocine | |
Gabriela Dobrescu | |
Iva Petrova | |
Date of Reg. | |
Date of Upd. | |
ID | 2111623 |
About Assessing Fiscal Stress
This paper develops a new index which provides early warning signals of fiscal sustainability problems for advanced and emerging economies. Unlike previous studies, the index assesses the determinants of fiscal stress periods, covering public debt default as well as near-default events. . . .