Debt Burden and Its Consequences for Monetary Policy

Inbunden, Engelska, 1997

AvGuillermo Ed Calvo,Calvo,Guillermo Calvo,Mervyn King

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In all countries debt and deficits of the public sector are at the heart of economic policy debate. Debt and deficits pose major problems, all the more pressing in Europe because of the Maastricht criteria for entry into European Monetary Union.

Produktinformation

Utgivningsdatum1997-11-24
Mått140 x 216 x 22 mm
Vikt549 g
FormatInbunden
SpråkEngelska
SerieInternational Economic Association Series
Antal sidor292
Upplaga1998
FörlagPalgrave Macmillan
ISBN9780333641408

Tillhör följande kategorier

Finansiering inom Ekonomi och ledarskap
Makroekonomi inom Ekonomi och ledarskap

The International Economic Association - List of Participants and Contributors - Abbreviations and Acronyms - Introduction; M.King & G.Calvo - PART 1: OVERVIEW PAPERS - Debt and Monetary Policy: The Policy Issues; R.Dornbusch - Discussion; M.King - Debt, Cash Flow and Inflation Incentives: A Swedish Example; M.Persson , T.Persson & L.E.O. Svensson - Discussion; J.Campbell - PART 2: THE STRUCTURE AND MATURITY OF DEBT - Optimal Funding Policy; R.J.Barro - Discussion; F.Giavazzi - Global Government Securities Markets: Economics and Politics of Recent Market Microstructure Reforms; R.S.Kroszner - Discussion; J.Pitchford - PART 3: DEBT AND DOMESTIC MONETARY POLICY - Control of the Public Debt: A Requirement for Price Stability?; M.Woodford - Discussion; W.Perraudin - Towards a Political-Economic Theory of Domestic Debt; A.Drazen - Discussion; T.Ito - PART 4: DEBT AND INTERNATIONAL FINANCIAL MARKETS - Varieties of Capital-Market Crises; G.A.Calvo - Discussion; A.Razin - Debt and Exchange Rates; P.Kugler - Discussion; C.Bean - PART 5: DEBT AND MONETARY UNION - Credibility, Seigniorage and Government Debt in a Monetary Union; B.Huber - Discussion; A.Giovannini - Deficits, Debt and European Monetary Union: Some Unpleasant Fiscal Arithmetic; G.Winckler, E.Hochreiter & P.Brandner - Discussion; J.von Hagen - Index