Results 11 to 20 of about 1,342,479 (375)
Public Debt Management and Bailouts [PDF]
IMF Working Papers, 1999 This paper addresses how public debt should be managed to reduce the cost of private sector bailouts. It uses a tax smoothing model to show that bailouts affect the timing of government deficits and surpluses as well as the composition of public debt.
Torbjörn Becker
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Management of the Nominal Public Debt Theory and Applications [PDF]
IMF Working Papers, 1990 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 following two approaches.
Pablo E. Guidotti, Guillermo A. Calvo
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Public debt management before, during and after the crisis [PDF]
Financial Theory and Practice, 2012 During the financial and economic crisis, the public debt ratio in the European Union increased significantly, and public debt management had to be carried out in a completely new and unfavorable environment. The authors of this paper explore the changes
Ana Andabaka Badurina, Sandra Švaljek
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On the Optimal Management of Public Debt: a Singular Stochastic Control Problem [PDF]
arXiv, 2016 Consider the problem of a government that wants to reduce the debt-to-GDP (gross domestic product) ratio of a country. The government aims at choosing a debt reduction policy which minimises the total expected cost of having debt, plus the total expected cost of interventions on the debt ratio.
Giorgio Ferrari
arxiv +3 more sources
Public Debt Management in Brazil [PDF]
, 2005 This article derives the optimal composition of the Brazilian public debt by looking at the relative impact of the risk and cost of alternative debt instruments on the probability of missing the stabilization target. This allows to price risk against the expected cost of debt service and thus to find the optimal combination along the trade off between ...
Alessandro Missale, Francesco Giavazzi
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Patterns and trends in research on external public debt management [PDF]
Public and Municipal FinanceThis study undertakes a comprehensive bibliometric analysis of publications pertaining to the external public debt management system. The paper aims to study the evolution of scholarly discourse surrounding the external public debt management domain ...
Mila Razinkova +4 more
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Drivers of European public debt management
SSRN Electronic Journal, 2020 This study analyses the choice of government debt managers in the euro area between issuing short‐term or long‐term debt over the period 1992‐2017. Debt managers increased short‐term debt issuance in response to higher interest rate spreads and to rising
Guido Wolswijk
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Sustainability, Debt Management, and Public Debt Policy in Japan [PDF]
, 2006 The purpose of this paper is to analyze sustainability issues of Japan's fiscal policy and then to discuss the debt management policy using theoretical models and numerical studies. We also investigate the desirable coordination of fiscal and monetary authorities toward fiscal reconstruction. We include a potential possibilities of the government bonds
Takero Doi +2 more
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PUBLIC DEBT MANAGEMENT UNDER PRIORITIES OF THE DEBT POLICY OF UKRAINE
Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка, 2014 This paper examines existing methods of public debt management, features of their application, the problem of high levels of public debt and the efficiency of public debt management in Ukraine. Priorities debt policy of Ukraine in the context of the main
Y. Kolobov
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Public Debt Management and The Country’s Financial Stability [PDF]
Studia Humana, 2021 The government debt portfolio is usually the largest financial portfolio in the country. It often contains complex and risky financial structures and can generate significant risk to the state budget and the country’s financial stability.
Misztal Piotr
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