Managing Public Debt and its Financial Stability Implications
Autor: | Guilherme Pedras, Udaibir S Das, Faisal Z. Ahmed, Michael G. Papaioannou, Jay Surti |
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Rok vydání: | 2010 |
Předmět: |
Government
Informal sector Land use Bond media_common.quotation_subject Economic sector Financial system Financial stability International financial markets Public debt management Public Debt Structure debt management public debt debt managers bonds Macroeconomic Aspects Of International Trade And Finance Debt General Earth and Planetary Sciences Bond market Balance sheet Business General Environmental Science media_common |
Zdroj: | SSRN Electronic Journal. |
ISSN: | 1556-5068 |
DOI: | 10.2139/ssrn.1751392 |
Popis: | This paper explores the relationship between the level and management of public debt and financial stability, and explains the channels through which the two are interlinked. It suggests that the broader implications of a debt management strategy and its implementation should be carefully analyzed by debt managers and policy makers in terms of their impact on the government's balance sheet, macroeconomic developments, and the financial system. |
Databáze: | OpenAIRE |
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