Public Debt Management

Theory and History

Business & Finance, Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Public Debt Management by , Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781139930130
Publisher: Cambridge University Press Publication: November 30, 1990
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781139930130
Publisher: Cambridge University Press
Publication: November 30, 1990
Imprint: Cambridge University Press
Language: English

As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability. Gale fills a gap in the literature, using a consistent framework to investigate the welfare economics of public debt, while Calvo and Guidotti analyse the trade-off between indexation and maturity when it comes to minimizing debt service. Confidence crises have become relevant again in view of the high debt ratios in countries such as Belgium, Italy and Ireland. Alesina, Prati and Tabellini develop a formal model of the propagation of a debt run and use it to interpret Italian debt panics. Giavazzi and Pagano concentrate on how inappropriate debt management can precipitate a run on the currency while Makinen and Woodward review a broad sweep of historical experience.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability. Gale fills a gap in the literature, using a consistent framework to investigate the welfare economics of public debt, while Calvo and Guidotti analyse the trade-off between indexation and maturity when it comes to minimizing debt service. Confidence crises have become relevant again in view of the high debt ratios in countries such as Belgium, Italy and Ireland. Alesina, Prati and Tabellini develop a formal model of the propagation of a debt run and use it to interpret Italian debt panics. Giavazzi and Pagano concentrate on how inappropriate debt management can precipitate a run on the currency while Makinen and Woodward review a broad sweep of historical experience.

More books from Cambridge University Press

Cover of the book Indian English and the Fiction of National Literature by
Cover of the book Astronomy: A Physical Perspective by
Cover of the book Civil Society in Europe by
Cover of the book Land Use Law and Disability by
Cover of the book Aristotle on the Uses of Contemplation by
Cover of the book Probability Theory by
Cover of the book The Cambridge Companion to E. M. Forster by
Cover of the book Violence and the Civilising Process in Cambodia by
Cover of the book Biomaterials and Regenerative Medicine by
Cover of the book Theoretical Foundations of Law and Economics by
Cover of the book Managerial Economics by
Cover of the book Egypt and the Struggle for Power in Sudan by
Cover of the book Land Use and the Carbon Cycle by
Cover of the book Aspect-Oriented, Model-Driven Software Product Lines by
Cover of the book Affect and American Literature in the Age of Neoliberalism by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy