Author: Corporate bond projectPublisher:
ISBN:
Category :
Languages : en
Pages : 232
Book Description
... The Corporate Bond Project: Organization and Methods ... National Bureau of Economic Research, Financial Research Program
Author: Corporate bond projectPublisher:
ISBN:
Category :
Languages : en
Pages : 232
Book Description
The Corporate Bond Project
Author: National Bureau of Economic Research. Financial Research ProgramPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 90
Book Description
The Liquidation of Government Debt
Author: Ms.Carmen ReinhartPublisher: International Monetary Fund
ISBN: 1498338380
Category : Business & Economics
Languages : en
Pages : 47
Book Description
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.
Technical Paper
Author: The National Union Catalog, Pre-1956 Imprints
Author: The Term Structure of Interest Rates in the United States: 1884-1914
Author: Jean Mathieson GrayRelationships of Financial Risk to the Term Structures of Corporate Bond Yields
Author: Ramon E. JohnsonPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 750
Book Description
The Corporate Bond Project
Author: Corporate Bond ProjectPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 162
Book Description
Annual Report - National Bureau of Economic Research
Author: National Bureau of Economic ResearchPublisher:
ISBN:
Category : Economics
Languages : en
Pages : 124
Book Description
General Catalogue of Printed Books
Author: British Museum. Department of Printed BooksPublisher:
ISBN:
Category : English imprints
Languages : en
Pages : 1138
Book Description