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...
Glavni avtor: | |
---|---|
Drugi avtorji: | |
Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
1990.
|
Serija: | IMF Working Papers; Working Paper ;
No. 1990/115 |
Online dostop: | Full text available on IMF |