Public Debt Management by Rudiger Dornbusch
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Public Debt Management
By Rudiger Dornbusch

Public Debt Management

Theory and History

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Format: Hardback

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Public Debt Management by Rudiger Dornbusch

Book Description

As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability. Gale fills a gap in the literature, using a consistent framework to investigate the welfare economics of public debt, while Calvo and Guidotti analyse the trade-off between indexation and maturity when it comes to minimizing debt service. Confidence crises have become relevant again in view of the high debt ratios in countries such as Belgium, Italy and Ireland. Alesina, Prati and Tabellini develop a formal model of the propagation of a debt run and use it to interpret Italian debt panics. Giavazzi and Pagano concentrate on how inappropriate debt management can precipitate a run on the currency while Makinen and Woodward review a broad sweep of historical experience.

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Book Details

ISBN: 9780521392662
ISBN-10: 0521392667
Format: Hardback
(234mm x 156mm x 22mm)
Pages: 376
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 30-Nov-1990
Country of Publication: United Kingdom

Other Editions...


Books By Author Rudiger Dornbusch

Macroeconomics by Rudiger Dornbusch Macroeconomics, Hardback (October 2013)

Explains both the potential and limitations of economic policy. This book employs a model-based approach to macroeconomic analysis and demonstrates how various models are connected with the goal of giving students the capacity to analyze various economic issues in the context of an economic frame of reference.

Public Debt Management by Rudiger Dornbusch Public Debt Management, Paperback (February 2008)

This volume from the Centre for Economic Policy Research brings together research on the management of public debt and its implications for financial stability.

Money, Capital Mobility, and Trade by Rudiger Dornbusch Money, Capital Mobility, and Trade, Paperback (March 2004)

Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.

East-West Migration by Rudiger Dornbusch East-West Migration, Paperback (October 1994)

Focusing on the problem of East-West migration, the authors delineate and promote the notion of European free trade and capital flows as a means of raising productivity and increasing worker stability in the East and of reducing income gaps between countries.

» View all books by Rudiger Dornbusch

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Recent books by Rudiger Dornbusch close
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