Public Debt Management: Theory and History (Hardcover)

Ford International Professor of Economics Rudiger Dornbusch; Mario Draghi; Dornbusch Rudiger
Cambridge University Press
 9780521392662
0-521-39266-7

This book from the Centre for Economic Policy Research collects theoretical, applied and historical research on the welfare economics of public debt; how inappropriate debt management can lead to funding.

read more…

crises; capital levies; debt consolidation; U.S. public debt history; political influences on debt accumulation; trade-offs between indexation and maturity; and confidence effects in a stochastic rational expectations framework.