Management of the Nominal Public Debt Theory and Applications /
Optimal management of the public debt is explored in a context where economic policy is continuously revised because, when the public debt is non-indexed, policy-makers are tempted to use inflation in order to reduce the real value of the public debt. The model's implications are explored follo...
| Hovedforfatter: | Guidotti, Pablo |
|---|---|
| Andre forfattere: | Calvo, Guillermo |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 1990/115 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
Wage and Public Debt Indexation /
af: Guidotti, Pablo
Udgivet: (1992) -
Credibility and Nominal Debt : Exploring the Role of Maturity in Managing Inflation.
Udgivet: (1989) -
Nominal Sets
af: Andrew M. Pitts
Udgivet: (2013) -
Optimal Fiscal and Monetary Policy with Nominal and Indexed Debt /
af: Cosimano, Thomas
Udgivet: (2003) -
Is Inflation Effective for Liquidating Short-Term Nominal Debt?
Udgivet: (1989)