Fiscal sustainability in Costa Rica 1991-2013: A Montecarlo Approach

The following document is an application of the fiscal sustainability model for Costa Rican economy. The model uses the methodology of natural debt limit proposed by Mendoza and Oviedo (2009) as well as a set of Montecarlo simulations to estimate the probability of surpassing this limit. The model i...

Full description

Bibliographic Details
Main Authors: Julio César Espinosa Rodríguez, Marco Vinicio Valerio Berrocal
Format: Article
Language:English
Published: Universidad Nacional, Costa Rica 2014-05-01
Series:Economía y Sociedad
Subjects:
Online Access:http://www.revistas.una.ac.cr/index.php/economia/article/view/6047