TY - BOOK ID - 78436828 TI - Public Debt Sustainability Under Uncertainty : An Invariant Set Approach PY - 2017 SN - 10185941 SN - 1475587198 9781475587197 1475587023 1475586256 9781475586251 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Debts, Public. KW - Debts, Government KW - Government debts KW - National debts KW - Public debt KW - Public debts KW - Sovereign debt KW - Debt KW - Bonds KW - Deficit financing KW - Debts, Public KW - E-books KW - Exports and Imports KW - Macroeconomics KW - Public Finance KW - Production and Operations Management KW - Optimization Techniques KW - Programming Models KW - Dynamic Analysis KW - Computational Techniques KW - Criteria for Decision-Making under Risk and Uncertainty KW - Fiscal Policy KW - Debt Management KW - Sovereign Debt KW - Macroeconomics: Production KW - International Lending and Debt Problems KW - International economics KW - Public finance & taxation KW - Output gap KW - Debt sustainability KW - Fiscal stance KW - Debt sustainability analysis KW - Production KW - Economic theory KW - Debts, External KW - Fiscal policy UR - https://www.unicat.be/uniCat?func=search&query=sysid:78436828 AB - The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant sets. Examples are provided to illustrate how the method can be applied in practice. ER -