000 03844nam a22004098i 4500
001 CR9780511628528
003 UkCbUP
005 20201015164327.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 090918s1990||||enk o ||1 0|eng|d
020 _a9780511628528 (ebook)
020 _z9780521392662 (hardback)
020 _z9780521059725 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
043 _ae-it---
_ae------
_an-us---
050 0 0 _aHJ8675
_b.P83 1990
082 0 0 _a336.3/6/09
_220
245 0 0 _aPublic debt management :
_btheory and history /
_cedited by Rudiger Dornbusch and Mario Draghi.
264 1 _aCambridge :
_bCambridge University Press,
_c1990.
300 _a1 online resource (xix, 354 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 _aThe efficient design of public debt / Douglas Gale. Discussion / Olivier Jean Blanchard -- Indexation and maturity of government bonds : an exploratory model / Guillermo A. Calvo and Pablo E. Guidotti. Discussion / William H. Branson, Allen Drazen -- Public confidence and debt management : a model and a case study of Italy / Alberto Alesina, Alessandro Prati and Guido Tabellini. Discussion / Mario Draghi, Lars E.O. Svensson -- Confidence crises and public debt management / Francesco Giavazzi and Marco Pagano. Discussion / Enrica Detragiache, Maurice Obstfeld -- Funding crises in the aftermath of World War I / Gail E. Makinen and G. Thomas Woodward. Discussion / Alberto Giovanni, Andrea Ripa Di Meana.
505 0 _aThe capital levy in theory and practice / Barry Eichengreen. Discussion / David Begg, Vittorio Grilli -- Episodes in the public debt history of the united States / E. Cary Brown. Discussion / Barry P. Bosworth, Giampaolo Galli -- The Italian national debt conversion of 1906 / Marcello de Cecco. Discussion / Richard Portes, Ignazio Visco -- Fear of deficit financing : is it rational? / Marcus Miller, Robert Skidelsky and Paul Weller. Discussion / Giusepe Bertola -- Government domestic debt and the risk of default : a political-economic model of the strategic role of debt / Philippe Aghion and Patrick Dolton. Discussion / Jean-Pierre Danthine, Pietro Reichlin.
520 _aAs 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.
650 0 _aDebts, Public
_zItaly
_xHistory
_vCongresses.
650 0 _aDebts, Public
_zEurope
_xHistory
_vCongresses.
650 0 _aDebts, Public
_zUnited States
_xHistory
_vCongresses.
650 0 _aDeficit financing
_xHistory
_vCongresses.
700 1 _aDornbusch, Rudiger,
_eeditor.
700 1 _aDraghi, Mario,
_eeditor.
776 0 8 _iPrint version:
_z9780521392662
856 4 0 _uhttps://doi.org/10.1017/CBO9780511628528
999 _c121215
_d121215