000 02279nam a22004214a 4500
001 WPIEA1151990
003 IMF
005 20190405152652.0
006 m o d
007 cr cn|||||||||
008 020129s1990 dcu o i00 0 eng d
020 _a1451942796 :
_c15.00 USD
020 _z9781451942798
022 _a1018-5941
024 7 _a10.5089/9781451942798.001
_2doi
035 _a(IMF)WPIEA1151990
040 _aDcWaIMF
_beng
100 1 _aGuidotti, Pablo Emilio.
245 1 0 _aManagement of the Nominal Public Debt Theory and Applications
_h[electronic resource] /
_cPablo Emilio Guidotti.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c1990.
300 _a1 online resource (42 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 90/115
520 3 _aOptimal 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. First, the effects of various exogenous disturbances are examined by means of numerical simulations. Secondly, the analysis explores-for Italy, Ireland, and the United States-if the model's implications concerning the maturity structure of government debt are consistent with actual experience.
588 _aDescription based on print version record.
650 7 _aDebt Maturity
_2imf
650 7 _aGovernment Debt
_2imf
650 7 _aGovernment Expenditure
_2imf
650 7 _aIncrease in Government Expenditure
_2imf
650 7 _aPublic Debt
_2imf
651 7 _aIreland
_2imf
651 7 _aItaly
_2imf
651 7 _aUnited States
_2imf
700 1 _aCalvo, Guillermo.
700 1 _aGuidotti, Pablo Emilio.
776 0 8 _iPrint Version:
_aGuidotti, Pablo Emilio.
_tManagement of the Nominal Public Debt Theory and Applications
_dWashington, D.C. : International Monetary Fund, 1990.
_z9781451942798
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 90/115
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/04508-9781451942798/04508-9781451942798/04508-9781451942798.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781451942798
_zIMF Book Store
999 _c147295
_d147295