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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Guidotti, Pablo
Awduron Eraill: Calvo, Guillermo
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1990.
Cyfres:IMF Working Papers; Working Paper ; No. 1990/115
Mynediad Ar-lein:Full text available on IMF