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...
מחבר ראשי: | |
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פורמט: | כתב-עת |
שפה: | English |
יצא לאור: |
Washington, D.C. :
International Monetary Fund,
1998.
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סדרה: | IMF Working Papers; Working Paper ;
No. 1998/018 |
גישה מקוונת: | Full text available on IMF |