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Political Economy of Government Debt

H.A.A. Verbon, F.A.A.M. Van Winden
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      This analysis of the political economy of government debt is divided into two parts. The first part deals with theoretical issues. Topics covered include: behavioural aspects; long term debt strategy; the political economy of redistribution; a model of intergenerational redistribution; the relationship between social security and the deficit in the US; the consequences of endogenous technology; and budgetary and monetary issues related to European integration. The second part of the volume concerns empirical applications, including the empirical relevance of the notion of debt neutrality; the management of the nominal government debt; the global linkages between interest rates and public debt; functional finance; some positive theories of government debt; and suggestions for fiscal indicators.
      Format: CONTRIBUTORS: H.A.A. Verbon, F.A.A.M. Van Winden EAN: 9780444890528 COUNTRY: United Kingdom PAGES: WEIGHT: 655 g HEIGHT: 234 cm
      PUBLISHED BY: Emerald Publishing Limited DATE PUBLISHED: 1993-07-14 CITY: GENRE: BUSINESS & ECONOMICS / Public Finance, BUSINESS & ECONOMICS / Economics / Theory WIDTH: 156 cm SPINE:

      Book Themes:

      Political economy

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      This analysis of the political economy of government debt is divided into two parts. The first part deals with theoretical issues. Topics covered include: behavioural aspects; long term debt strategy; the political economy of redistribution; a model of intergenerational redistribution; the relationship between social security and the deficit in the US; the consequences of endogenous technology; and budgetary and monetary issues related to European integration. The second part of the volume concerns empirical applications, including the empirical relevance of the notion of debt neutrality; the management of the nominal government debt; the global linkages between interest rates and public debt; functional finance; some positive theories of government debt; and suggestions for fiscal indicators.
      Format: CONTRIBUTORS: H.A.A. Verbon, F.A.A.M. Van Winden EAN: 9780444890528 COUNTRY: United Kingdom PAGES: WEIGHT: 655 g HEIGHT: 234 cm
      PUBLISHED BY: Emerald Publishing Limited DATE PUBLISHED: 1993-07-14 CITY: GENRE: BUSINESS & ECONOMICS / Public Finance, BUSINESS & ECONOMICS / Economics / Theory WIDTH: 156 cm SPINE:

      Book Themes:

      Political economy

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