A simple stochastic approach to debt sustainability applied to Lebanon /

A simple stochastic approach to debt sustainability applied to Lebanon /

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Bibliographic Details
Author / Creator:	Di Giovanni, Julian.
Imprint:	[Washington, District of Columbia] : International Monetary Fund, 2008. ©2008
Description:	1 online resource (25 p.).
Language:	English
Series:	IMF working paper ; WP/08/97 IMF Working Papers IMF working paper ; WP/08/97. IMF Working Papers.
Subject:	Debts, Public -- Lebanon -- Econometric models. Fiscal policy -- Lebanon -- Econometric models. Debts, Public -- Econometric models Economic history Fiscal policy -- Econometric models Lebanon -- Economic conditions -- Econometric models. Lebanon
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12510743

Hidden Bibliographic Details
Other authors / contributors:	Gardner, Edward.
ISBN:	1462311407 9781462311408 1452700656 9781452700656 1451869584 9781451869583 1282840525 9781282840522 9786612840524 6612840528
Notes:	Description based upon print version of record. Includes bibliographical references. English. Description based on online resource; title from PDF title page (ebrary, viewed February 27, 2014).
Summary:	This paper applies a simple probabilistic approach to debt sustainability analysis to the case of Lebanon. The paper derives "fan charts" to depict the probability distribution of the government debt to GDP ratio under a medium-term adjustment scenario, as a result of shocks to GDP growth and interest rates. The distribution of shocks is derived from the past shocks to these variables and the related variance covariance. Because we are interested in assessing the sustainability of a particular policy scenario, we do not consider independent fiscal policy shocks or the endogenous policy respo.
Other form:	1-4519-1412-1

Description
Summary:	This paper applies a simple probabilistic approach to debt sustainability analysis to the case of Lebanon. The paper derives "fan charts" to depict the probability distribution of the government debt to GDP ratio under a medium-term adjustment scenario, as a result of shocks to GDP growth and interest rates. The distribution of shocks is derived from the past shocks to these variables and the related variance covariance. Because we are interested in assessing the sustainability of a particular policy scenario, we do not consider independent fiscal policy shocks or the endogenous policy response to shocks.
Item Description:	Description based upon print version of record.
Physical Description:	1 online resource (25 p.).
Bibliography:	Includes bibliographical references.
ISBN:	1462311407 9781462311408 1452700656 9781452700656 1451869584 9781451869583 1282840525 9781282840522 9786612840524 6612840528