A fiscal theory of sovereign risk:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Frankfurt am Main
European Central Bank
2002
|
| Schriftenreihe: | Working paper series / European Central Bank
187 |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 39 S. |
Internformat
MARC
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| 490 | 1 | |a Working paper series / European Central Bank |v 187 | |
| 810 | 2 | |a European Central Bank |t Working paper series |v 187 |w (DE-604)BV012681744 |9 187 | |
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Datensatz im Suchindex
| _version_ | 1805068764594569216 |
|---|---|
| adam_text |
CONTENTS
ABSTRACT
4
NON-TECHNICAL
SUMMARY
5
I
INTRODUCTION
7
2
THE
MODEL
9
2.
1
THE
FISCAL
AUTHORITY
11
2.2
EQUILIBRIUM
11
3
THE
EQUILIBRIUM
DEFAULT
RATE
1
3
4
TAYLOR
RULES
AND
DEFAULT
1
4
4.
1
IMPOSSIBILITY
OF
ACHIEVING
THE
INFLATION
TARGET
WITHOUT
DEFAULTING
1
5
4.2
UNFORECASTABILITY
OF
THE
DEFAULT
RATE
16
5
THE
PERILS
OF
DELAYING
DEFAULT:
UNPLEASANT
DEFAULT
ARITHMETICS
1
8
6
PRICE
LEVEL
TARGETING
2
1
6.
1
THE
EQUILIBRIUM
STOCK
OF
PUBLIC
DEBT
22
6.2
IMPOSSIBILITY
OF
PEGGING
THE
PRICE
LEVEL
WITHOUT
DEFAULTING
23
6.3
DEFAULT
RULE
I
24
6.4
DEFAULT
RULE
2
26
6.5
DEFAULT
RULE
3:
AN
INTEREST
RATE
PEG
28
7
CONCLUSION
28
APPENDIX
REFERENCES
EUROPEAN
CENTRAL
BANK
WORKING
PAPER
SERIES
31
34
35 |
| any_adam_object | 1 |
| author | Uribe, Martín |
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| discipline | Wirtschaftswissenschaften |
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| indexdate | 2024-07-20T03:55:19Z |
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| language | English |
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| spelling | Uribe, Martín Verfasser (DE-588)129355496 aut A fiscal theory of sovereign risk by Martín Uribe Frankfurt am Main European Central Bank 2002 39 S. txt rdacontent n rdamedia nc rdacarrier Working paper series / European Central Bank 187 European Central Bank Working paper series 187 (DE-604)BV012681744 187 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010072516&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Uribe, Martín A fiscal theory of sovereign risk |
| title | A fiscal theory of sovereign risk |
| title_auth | A fiscal theory of sovereign risk |
| title_exact_search | A fiscal theory of sovereign risk |
| title_full | A fiscal theory of sovereign risk by Martín Uribe |
| title_fullStr | A fiscal theory of sovereign risk by Martín Uribe |
| title_full_unstemmed | A fiscal theory of sovereign risk by Martín Uribe |
| title_short | A fiscal theory of sovereign risk |
| title_sort | a fiscal theory of sovereign risk |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010072516&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV012681744 |
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