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...

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Bibliografiska uppgifter
Huvudupphovsman: Goldfajn, Ilan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/018
Länkar:Full text available on IMF