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Fiscal Policy and Interest Rates : : How Sustainable Is The “New Economy”? / / Manmohan Kumar, David Hauner
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
Opac: Controlla la disponibilità qui
Policy Credibility and Sovereign Credit : : The Case of New EU Member States / / Manmohan Kumar, Jirí Jonáš, David Hauner
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
Opac: Controlla la disponibilità qui