Celasun, Oya; Debrun, Xavier; Ostry, Jonathan D. - In: IMF Staff Papers 53 (2006), pp. 3-3
This paper proposes a probabilistic approach to public debt sustainability analy-sis (DSA) using "fan charts." These depict the magnitude of risks-upside and downside-surrounding public debt projections as a result of uncertain economic conditions and policies. We propose a simulation algorithm...