Items related to Public Debt Management: Theory and History
This book from the Centre for Economic Policy Research collects theoretical, applied and historical research on the welfare economics of public debt; how inappropriate debt management can lead to funding crises; capital levies; debt consolidation; U.S. public debt history; political influences on debt accumulation; trade-offs between indexation and maturity; and confidence effects in a stochastic rational expectations framework.
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Book Description:
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.
About the Author:
Rudiger Dornbusch is Professor of Economics at the Massachusetts Institute of Technology.
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- PublisherCambridge University Press
- Publication date2008
- ISBN 10 0521059720
- ISBN 13 9780521059725
- BindingPaperback
- Edition number1
- Number of pages376
- EditorDornbusch Rudiger, Draghi Mario
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