 | Assessing Fiscal Stress Author/Editor: Gabriela Dobrescu, Iva Petrova, Nazim Belhocine, Emanuele Baldacci. Release Date:May, 2011 This paper develops a new index which provides early warning signals of fiscal sustainability problems for advanced and emerging economies. Unlike previous studies, the index assesses the more...
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 | When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances Author/Editor: Fabian Bornhorst, Annalisa Fedelino, Jan Gottschalk, Gabriela Dobrescu. Release Date:April, 2011 Technical Notes and Manuals are produced by IMF departments to expand the dissemination of their technical assistance advice. These papers present general advice and guidance, drawn in part from more...
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| Fiscal Policy During Absorption Cycles Author/Editor: Ferhan Salman, Gabriela Dobrescu. Release Date:February, 2011 Domestic absorption cycles are relevant in assessment and design of fiscal policies. Our cross-country analysis covers 59 advanced and emerging countries for the 1990-2009 period. We show that more...
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