ISBN: 9780521059725

By Rudiger Dornbusch, Mario Draghi. Introduction Rudiger Dornbusch and Mario Draghi; 2. The efficient design of public debt Douglas Gale; Discussion Olivier Jean Blanchard; 3. The capital… More...

By Rudiger Dornbusch, Mario Draghi. Introduction Rudiger Dornbusch and Mario Draghi; 2. The efficient design of public debt Douglas Gale; Discussion Olivier Jean Blanchard; 3. The capital levy in theory and practice Barry Eichengreen; 8. The Nile on eBay   Public Debt Management by Rudiger Dornbusch, Mario Draghi 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. FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher 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. Table of Contents List of figures; List of tables; Preface; List of conference participants; 1. Introduction Rudiger Dornbusch and Mario Draghi; 2. The efficient design of public debt Douglas Gale; Discussion Olivier Jean Blanchard; 3. Indexation and maturity of government bonds: an exploratory model Guillermo A. Calvo and Pablo E. Guidotti; Discussion William H. Branson and Allen Drazen; 4. Public confidence and debt management: a model and a case study of Italy Alberto Alesina, Alessandro Pratti and Guido Tabellini; Discussion Mario Draghi and Lars E. O. Svensson; 5. Confidence crises and public debt management Francesco Giavazzi and Marco Pagano; Discussion Enrica Detragiache and Maurice Obstfeld; 6. Funding crises in the aftermath of World War I Gail E. Makinen and G. Thomas Woodward; Discussion Alberto Giovannini and Andrea Ripa Di Meana; 7. The capital levy in theory and practice Barry Eichengreen; 8. Episodes in the public debt history of the United States E. Cary Brown; Discussion Barry P. Bosworth and Giampaolo Galli; 9. The Italian national debt conversion of 1906 Marcello de Cecco; Discussion Richard Portes and Ignazio Visco; 10. Fear of deficit financing - is it rational? Marcus Miller, Robert Skidelsky and Paul Weller; Discussion Giuseppe Bertola; 11. Government domestic debt and the risk of default: a political-economic model of the strategic role of debt Philippe Aghion and Patrick Bolton; Discussion Jean-Pierre Danthine and Pietro Reichlin; Index. Review "...a very good collection of thoughtful essays on an important policy topic. It can be recommended highly to all scholars of fiscal policy and public debt." Journal of Economic Literature Promotional This volume from the Centre for Economic Policy Research brings together research on the management of public debt and its implications for financial stability. Review Quote "...a very good collection of thoughtful essays on an important policy topic. It can be recommended highly to all scholars of fiscal policy and public debt." Journal of Economic Literature Promotional "Headline" This volume from the Centre for Economic Policy Research brings together research on the management of public debt and its implications for financial stability. Description for Bookstore 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. Description for Library 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. Details ISBN0521059720 Short Title PUBLIC DEBT MGMT Pages 376 Publisher Cambridge University Press Language English ISBN-10 0521059720 ISBN-13 9780521059725 Media Book Format Paperback Year 2008 Imprint Cambridge University Press Subtitle Theory and History Place of Publication Cambridge Country of Publication United Kingdom Edited by Rudiger Dornbusch Edition 1st Author Mario Draghi DOI 10.1604/9780521059725 UK Release Date 2008-02-04 AU Release Date 2008-02-04 NZ Release Date 2008-02-04 Illustrations Worked examples or Exercises Publication Date 2008-02-04 Alternative 9780511628528 DEWEY 336.3609 Audience Professional & Vocational We've got thisAt The Nile, if you're looking for it, we've got it.With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:126768422; , Festpreisangebot, [LT: FixedPrice], ISBN-13: 9780521059725, Book Title: Public Debt Management, EAN: 9780521059725, Publication Year: 2008, Type: Textbook, Format: Paperback, Language: English, Publication Name: Public Debt Management: Theory and History, Item Height: 235mm, Item Width: 156mm, Subject: Finance, Item Weight: 536g, Number of Pages: 376 Pages, Cambridge University Press<

2007, ISBN: 0521059720

[EAN: 9780521059725], New book, [PU: Cambridge University Press], BUSINESS & ECONOMICS PUBLIC FINANCE WIRTSCHAFT, As Europe proceeds towards economic and monetary union, fiscal convergenc… More...

[EAN: 9780521059725], New book, [PU: Cambridge University Press], BUSINESS & ECONOMICS PUBLIC FINANCE WIRTSCHAFT, 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 resea., Books<

ISBN: 9780521059725

Paperback / softback. New. 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… More...

Paperback / softback. New. 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., 6<