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[null,"1.","Record Nr.",null,"UNINA9910788699903321"]
[null,null,"Autore",null,"Tanner Evan"]
[null,null,"Titolo",null,"Probabilistic Sustainability of Public Debt : : A Vector Autoregression Approach for Brazil, Mexico, and Turkey / / Evan Tanner, Issouf Samaké"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2006"]
[null,null,"ISBN",null,"1-4623-4979-X"]
[{"$nulls":4},"1-4527-0573-9"]
[{"$nulls":4},"1-283-51672-1"]
[{"$nulls":4},"9786613829177"]
[{"$nulls":4},"1-4519-1008-8"]
[null,null,"Descrizione fisica",null,"1 online resource (44 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Debts, Public - Brazil - Econometric models"]
[{"$nulls":4},"Debts, Public - Mexico - Econometric models"]
[{"$nulls":4},"Debts, Public - Turkey - Econometric models"]
[{"$nulls":4},"Fiscal policy - Brazil - Econometric models"]
[{"$nulls":4},"Fiscal policy - Mexico - Econometric models"]
[{"$nulls":4},"Fiscal policy - Turkey - Econometric models"]
[{"$nulls":4},"Banks and Banking"]
[{"$nulls":4},"Foreign Exchange"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Public Finance"]
[{"$nulls":4},"Allocative Efficiency"]
[{"$nulls":4},"Cost-Benefit Analysis"]
[{"$nulls":4},"Policy Objectives"]
[{"$nulls":4},"Policy Designs and Consistency"]
[{"$nulls":4},"Policy Coordination"]
[{"$nulls":4},"Fiscal Policy"]
[{"$nulls":4},"Debt"]
[{"$nulls":4},"Debt Management"]
[{"$nulls":4},"Sovereign Debt"]
[{"$nulls":4},"Interest Rates: Determination, Term Structure, and Effects"]
[{"$nulls":4},"Public finance & taxation"]
[{"$nulls":4},"Currency"]
[{"$nulls":4},"Foreign exchange"]
[{"$nulls":4},"Finance"]
[{"$nulls":4},"Fiscal policy"]
[{"$nulls":4},"Public debt"]
[{"$nulls":4},"Fiscal sustainability"]
[{"$nulls":4},"Exchange rates"]
[{"$nulls":4},"Real interest rates"]
[{"$nulls":4},"Financial services"]
[{"$nulls":4},"Debts, Public"]
[{"$nulls":4},"Interest rates"]
[{"$nulls":4},"Brazil"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","\"December 2006.\""]
[null,null,null,"Nota di bibliografia","Includes bibliographical references (p. 39-42)."]
[null,null,"Nota di contenuto",null,"\"\"Contents\"\"; \"\"I. INTRODUCTION\"\"; \"\"II. FISCAL SUSTAINABILITY: SOME PREVIOUS WORK\"\"; \"\"III. OVERVIEW OF OUR METHODOLOGY\"\"; \"\"IV. BRAZIL, 2000â€?05\"\"; \"\"V. MEXICO\"\"; \"\"VI. TURKEY\"\"; \"\"VII. SUMMARY AND CONCLUSIONS\"\"; \"\"APPENDIX ECONOMETRIC METHODOLOGY AND ESTIMATES\"\"; \"\"REFERENCES\"\""]
[null,null,null,"Sommario/riassunto","This paper examines the sustainability of fiscal policy under uncertainty in three emerging market countries, Brazil, Mexico, and Turkey. For each country, we estimate a vector autoregression (VAR) that includes fiscal and macroeconomic variables. Retrospectively, a historical decomposition shows by how much debt accumulation reflects unsustainable policy, adverse shocks, or both. Prospectively, Monte Carlo techniques reveal the primary surplus that is required to keep the debt/GDP ratio from rising in all but the worst 50 percent, 25 percent, and 10 percent of circumstances. Such a value-at-risk approach presents a clearer menu of policy options than currently used frameworks."]