The fiscal costs of contingent liabilities: a new data set by Elva Bova, Marta Ruiz-Arranz, Frederik Toscani and H. Elif Ture published by IMF (1/2016). “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 fiscal distress…”
Verificar em: