Public Debt Indexation and Denomination : The Case of Brazil /

The paper models the optimal debt management strategy of the public sector when issuing nominal, price-level-indexed and foreign-denominated debt securities. The model predicts that the variance of inflation, the size of the public debt, the variance of the real exchange rate, and the correlation of...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Goldfajn, Ilan
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1998.
Cyfres:IMF Working Papers; Working Paper ; No. 1998/018
Mynediad Ar-lein:Full text available on IMF