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Titlebook: Fiscal Policy, Public Debt and the Term Structure of Interest Rates; Roland Demmel Book 1999 Springer-Verlag Berlin Heidelberg 1999 Financ

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書目名稱Fiscal Policy, Public Debt and the Term Structure of Interest Rates
編輯Roland Demmel
視頻videohttp://file.papertrans.cn/344/343899/343899.mp4
概述Includes supplementary material:
叢書名稱Lecture Notes in Economics and Mathematical Systems
圖書封面Titlebook: Fiscal Policy, Public Debt and the Term Structure of Interest Rates;  Roland Demmel Book 1999 Springer-Verlag Berlin Heidelberg 1999 Financ
描述The introduction of the thesis consists of four parts: first, we motivate our chosen macroeconomic setting by looking at some real world phenomena. For a better understanding of these phenomena, we argue that the mutual dynamic interactions between flScal policy and financial markets need to be closely examined in a macroeconomic framework. Second, we review different strands of the economic literature in order to show that most of the literature has so far exclusively concentrated either on fmancial market dynamics or on flScal policy issues. We conclude that a more integrated model setting is called for in order to explain the dynamic interactions observed in reality. Third, we discuss at length the economic assumptions underlying our model. This avoids multiple repetition later on. Finally, we outline the structure of the thesis and the objectives we pursue in the different chapters. 1. 1 Motivation Fiscal policy and financial market reactions are increasingly receiving world- wide attention. The most recent examples are the Maastricht criteria about flScal control, the South-East Asia financial crisis and the resulting IMF policy stance, the high level of public debt in develop
出版日期Book 1999
關(guān)鍵詞Finance; Financial Markets; Finanzm?rkte; Fiscal Policy; Fiskalpolitik; Macroeconomic Dynamics; Makro?kono
版次1
doihttps://doi.org/10.1007/978-3-642-58595-1
isbn_softcover978-3-540-66243-3
isbn_ebook978-3-642-58595-1Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer-Verlag Berlin Heidelberg 1999
The information of publication is updating

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