Does Debt Management Matter? - Couverture rigide

Agell, Jonas

Couverture rigide

ISBN 10 : 019828361X ISBN 13 : 9780198283614

Editeur : Clarendon Press, 1992

Synopsis

This third volume from the Swedish Trade Union Institute for Economic Research, FIEF, looks at the problems of debt management. In the mid-1970s, after the first oil crisis, many countries began to run larger deficits on government budgets than earlier during the postwar period. This growth of government debt has occurred concomitantly with a development, liberalization, and sophistication of capital markets. In fact, these latter events have probably been a prerequisite for the growing government indebtedness. The growth of public debt has stimulated the interest of academic economists. In recent years there has been a discussion of the debt burden of underdeveloped countries and the neutrality of total government debt in more advanced economies. However, the possible effects of the management of a given debt on real capital formation via portfolio crowding-out or crowding-in has been relatively neglected. This is why this volume is fully devoted to the subject of debt management, focusing particularly on how debt management influences the financial sector and elements of the "real" economy such as output, capital formation, and consumption.

Détails de l'édition

• Éditeur: Clarendon Press
• Date d'édition: 1992
• Langue: anglais
• ISBN 10: 019828361X
• ISBN 13: 9780198283614
• Reliure: Relié
• Nombre de pages: 165
• Coordonnées du fabricant: non disponible
• Personne responsable: Messaggerie Libri ; ufficio.anagrafiche@meli.it; ; Via Verdi, 8; Assago Milano; Italie