Balance Sheet Approach for Fiscal Sustainability in Indonesia
This paper models fiscal sustainability in Indonesia using the measure of liabilities-to-asset ratio (LAR), a simple measure of a country’s balanced-sheet. It uses the approach of conditional Value-at-Risk (VaR), assuming normal or t distributions, to define the risky level. The conditional standard...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-03-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32002/353156?publisher=http-www-cag-edu-tr-ilhan-ozturk |