Kniha Public Debt Management Alessandro Missale

Public Debt Management

Jazyk: Angličtina
Vazba: Pevná
Dostupnost: Skladem u dodavatele
Odesíláme za 10-18 dnů
4 178
The choice of currency denomination, indexation, and maturity structure of public debt is an increas...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
1999
Stránek
320
EAN
9780198290858
ISBN
0198290853
Enbook ID
04525073
Hmotnost
593
Rozměry
164 x 242 x 22

Kompletní popis

The choice of currency denomination, indexation, and maturity structure of public debt is an increasingly important aspect of policy in a world of high debts and and financially integrated markets. This book surveys theories and evidence on public debt composition and debt returns with the goal of emphasizing the main policy issues. The effects of debt management on financial markets, risk-sharing, policy credibility, interest costs, and taxation are evaluated within a unified theoretical framework. The analysis clarifies the trade-off involved in policy decisions and shows how to use theory and evidence to answer practical policy problems. This book is a valuable reference to researchers and satisfies the increasing demand by policymakers for sound economic principles to guide the choice of debt instruments.

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