Research Catalog

Title

The debt burden and its consequences for monetary policy : proceedings of a conference held by the International Economic Association at the Deutsche Bundesbank, Frankfurt, Germany / edited by Guillermo Calvo and Mervyn King.

Publication

New York : St. Martin's Press in association with the International Economic Association, 1998.

Items in the Library & Off-site

Holdings

Details

Additional Authors

• Calvo, Guillermo.
• King, Mervyn A.
• International Economic Association.

Description

xxi, 292 pages : illustrations; 23 cm.

Series Statement

I.E.A. conference volume ; no. 118

Uniform Title

I.E.A. conference volume ; no. 118.

Subjects

• Monetary policy > Developing countries > Congresses
• Monetary policy > Congresses
• Monetary policy > European Union countries > Congresses
• Debts, Public > Congresses
• Debts, Public > European Union countries > Congresses
• Debts, Public > Developing countries > Congresses

Bibliography (note)

• Includes bibliographical references and index.

Contents

• The International Economic Association -- Introduction / Guillermo Calvo and Mervyn King -- 1. Debt and Monetary Policy: The Policy Issues / Rudi Dornbusch -- Discussion / Mervyn King -- 2. Debt, Cash Flow and Inflation Incentives: A Swedish Example / Mats Persson, Torsten Persson and Lars E. O. Svensson -- Discussion / John Campbell -- 3. Optimal Funding Policy / Robert J. Barro -- Discussion / Francesco Giavazzi -- 4. Global Government Securities Markets: Economics and Politics of Recent Market Microstructure Reforms / Randall S. Kroszner -- Discussion / John Pitchford -- 5. Control of the Public Debt: A Requirement for Price Stability? / Michael Woodford -- Discussion / William Perraudin -- 6. Towards a Political-Economic Theory of Domestic Debt / Allan Drazen -- Discussion / Takatoshi Ito -- 7. Varieties of Capital-Market Crises / Guillermo A. Calvo -- Discussion / Assaf Razin -- 8. Debt and Exchange Rates / Peter Kugler -- Discussion / Charles Bean --
• 9. Credibility, Seigniorage and Government Debt in a Monetary Union / Bernd Huber -- Discussion / Alberto Giovannini -- 10. Deficits, Debt and European Monetary Union: Some Unpleasant Fiscal Arithmetic / Georg Winckler, Eduard Hochreiter and Peter Brandner -- Discussion / Jurgen von Hagen.

ISBN

• 033364140X (cloth)
• 0312175795 (cloth)

LCCN

97010258

OCLC

• 36549007
• ocm36549007

Owning Institutions

Columbia University Libraries