Fiscal Policy and Interest Rates : : How Sustainable Is The “New Economy”? / / Manmohan Kumar, David Hauner |
Autore | Kumar Manmohan |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (34 p.) |
Altri autori (Persone) | HaunerDavid |
Collana | IMF Working Papers |
Soggetto topico |
Interest rates
Fiscal policy Banks and Banking Inflation Public Finance Interest Rates: Determination, Term Structure, and Effects Price Level Deflation Debt Debt Management Sovereign Debt Fiscal Policy Finance Macroeconomics Public finance & taxation Long term interest rates Real interest rates Government debt management Prices Debts, Public |
ISBN |
1-4623-3265-X
1-4527-1180-1 1-283-51491-5 1-4519-0906-3 9786613827364 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. LOW GLOBAL INTEREST RATES: POSSIBLE EXPLANATIONS""; ""III. A MODEL OF INTEREST RATE DETERMINATION""; ""IV. EMPIRICAL EVIDENCE""; ""A. Data and Methodology""; ""B. Empirical Results""; ""C. A New Economy of Interest Rates?""; ""V. CONCLUSIONS AND POLICY IMPLICATIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910788403403321 |
Kumar Manmohan | ||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
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Policy Credibility and Sovereign Credit : : The Case of New EU Member States / / Manmohan Kumar, Jirí Jonáš, David Hauner |
Autore | Kumar Manmohan |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2007 |
Descrizione fisica | 1 online resource (31 p.) |
Disciplina |
332
335.4/12 |
Altri autori (Persone) |
JonášJirí
HaunerDavid |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy - Europe, Central
Fiscal policy - Europe, Eastern Fiscal policy - European Union countries Credit ratings - Europe, Central Credit ratings - Europe, Eastern Credit ratings - European Union countries Debts, Public - Europe, Central Debts, Public - Europe, Eastern Debts, Public - European Union countries Banks and Banking Exports and Imports Finance: General Inflation Money and Monetary Policy Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Current Account Adjustment Short-term Capital Movements General Financial Markets: General (includes Measurement and Data) Price Level Deflation Interest Rates: Determination, Term Structure, and Effects Monetary economics International economics Finance Macroeconomics Currencies Current account balance Emerging and frontier financial markets Real interest rates Money Balance of payments Financial markets Prices Financial services Financial services industry Interest rates |
ISBN |
1-4623-3768-6
1-4527-6324-0 1-282-55821-8 1-4519-1018-5 9786613822352 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Policy Credibility and Sovereign Credit; III. The Case of the New Member States; IV. Methodology and Data; A. Testing Strategy; B. Data; C. Estimation Issues; II. Results; A. All Countries; B. New Member States; C. Robustness; III. Conclusions; References; Figure; EU8-Government Debt, Interest Expenditure, and Effective Interest Rate (1995 = 100); Tables; 1. Variable Description; 2. Sovereign Ratings-Recursive Estimates; 3. Foreign Currency Spreads-Recursive Estimates; 4. Local Currency Yields-Recursive Estimates
5. Illustrative Quantitative Effects of NMS Coefficients6. Sovereign Ratings-Robustness Checks; 7. Foreign Currency Spreads-Robustness Checks; 8. Local Currency Yields-Robustness Checks; Appendix; Computation of Bond Spreads; Appendix; Computation of Bond Spreads |
Record Nr. | UNINA-9910788518003321 |
Kumar Manmohan | ||
Washington, D.C. : , : International Monetary Fund, , 2007 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
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