Showing posts with label fiscal crisis. Show all posts
Showing posts with label fiscal crisis. Show all posts
Saturday, May 5, 2012

5/5/2012: Can austerity work as default probability evaluation aid?

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Usual argument in favor of a fiscal contraction in response to an adverse fiscal shock goes along the lines of the Expansionary Fiscal Con...
Monday, September 12, 2011

12/09/2011: IMF admits failures in debt risk forecasting frameworks

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In the analysis published just minutes ago, the IMF ("Modernizing the Framework for Fiscal Policy and Public Debt Sustainability Analys...
Sunday, August 1, 2010

Economics 1/8/10: California's lesson for IRL?

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Last week the State of California declared official emergency in relation to its fiscal shortfall. The problem, you see, is that torn betwee...
1 comment:
Thursday, July 22, 2010

Economics 22/7/10: EU stress tests - what do they tell us, really?

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The EU stress tests of the banks confirm the worst fears of all analysts – including myself. The tests were simply a PR exercise, so poorly ...
6 comments:
Saturday, June 26, 2010

Economics 27/06/2010: G20 - real stats and real issues

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As G20 leaders undertake another attempt at injecting some balance into global economic order - with last meeting in Pittsburgh focused on s...
6 comments:
Wednesday, December 24, 2008

What if? - When the IMF knocks on neighbours' doors

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In light of the IMF rescue packages for Latvia, Iceland and Hungary, it is worth looking at the conditions imposed under these loan contract...