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In: IMF Working Paper No. 17/190
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Working paper
In: IMF Working Paper No. 17/208
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In: Journal of political economy macroeconomics, Band 1, Heft 2, S. 334-370
ISSN: 2832-9341
In: IMF Working Paper No. 2021/76
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In: Journal of international economics, Band 114, S. 1-13
ISSN: 0022-1996
In: Becker Friedman Institute for Research in Economics Working Paper No. 2018-29
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Working paper
In: CEPR Discussion Paper No. DP12921
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Working paper
In: IMF Working Paper No. 16/136
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Working paper
In: Journal of international economics, Band 141, S. 103714
ISSN: 0022-1996
In: IMF Working Paper No. 2021/196
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In: IMF Working Papers
This paper finds optimal fiscal rule parameter values and measures the effects of imposing fiscal rules using a default model calibrated to an economy that in the absence of a fiscal rule pays a significant sovereign default premium. The paper also studies the case in which the government conducts a voluntary debt restructuring to capture the capital gains from the increase in its debt market value implied by a rule announcement. In addition, the paper shows how debt ceilings may reduce the procyclicality of fiscal policy and thus consumption volatility
In: IMF Working Paper No. 20/227
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Working paper
In: CAEPR Working Paper No. 010-2015
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Working paper
In: IMF Working Paper No. NO.12/30
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