You are looking at 1 - 1 of 1 items :

  • Type: Books and Journals x
  • Western Hemisphere x
  • Asia and the Pacific x
  • IMF Working Papers x
  • Keywords: liabilities x
  • Keywords: Fiscal Crisis x
Clear All Modify Search
The Fiscal Costs of Contingent Liabilities

The Fiscal Costs of Contingent Liabilities »

Volume/Issue: 2016/14

Series: IMF Working Papers

Author(s): Elva Bova , Marta Ruiz-Arranz , Frederik Toscani , and H. Elif Ture


Publication Date: 08 February 2016


ISBN: 9781498303606

Keywords: Fiscal Crisis, General, All Countries,, Budget deficits, Public debt, Contingent liabilities

We construct the first comprehensive dataset of contingent liability realizations in advanced and emerging markets for the period 1990–2014. We find that contingent liability realizations are a major source of fisc...