Public Debt Management: Theory and History

by Rudiger Dornbusch (Editor), Mario Draghi (Editor)

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 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.

376 pages, Hardcover

First published November 30, 1990