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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Guidotti, Pablo
Rannpháirtithe: Calvo, Guillermo
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1990.
Sraith:IMF Working Papers; Working Paper ; No. 1990/115
Rochtain ar líne:Full text available on IMF