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Does Debt Management Matter? Book

Does Debt Management Matter?
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Does Debt Management Matter?, In an age when public officials argue vehemently over the size and importance of the deficit of the United States government, this timely volume analyzes the problems involved with the rapid rise in government debt in countries all over the world since th, Does Debt Management Matter?
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  • Does Debt Management Matter?
  • Written by author Jonas Agell, Mats Persson, Benjamin M. Friedman
  • Published by Oxford University Press, USA, 3/1/1992
  • In an age when public officials argue vehemently over the size and importance of the deficit of the United States government, this timely volume analyzes the problems involved with the rapid rise in government debt in countries all over the world since th
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List of Figures
List of Tables
Introduction 1
Pt. I Does Debt Management Matter? 5
1 Introduction 7
2 Some General Concepts 12
3 The Portfolio Balance Approach to Debt Management 32
4 Implementing the Basic Model by Using Historical Data 38
5 An Alternative Approach to the Covariance Matrix 59
6 How Returns Adjust: The Effects of Endogenous Prices 66
7 Summary and Conclusions 78
8 Comment 81
9 Comment 92
References for Part I 103
Pt. II Debt Management Policy, Interest Rates, and Economic Activity 109
10 Introduction 111
11 Debt Management, Interest Rates, and Asset Prices 115
12 A Model of Interest Rates and Economic Activity 123
13 Empirical Assessment of the Effects of Debt Management Policies 129
14 Summary and Conclusions 140
15 Comment 141
References for Part II 146
Index 149


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Does Debt Management Matter?, In an age when public officials argue vehemently over the size and importance of the deficit of the United States government, this timely volume analyzes the problems involved with the rapid rise in government debt in countries all over the world since th, Does Debt Management Matter?

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Does Debt Management Matter?, In an age when public officials argue vehemently over the size and importance of the deficit of the United States government, this timely volume analyzes the problems involved with the rapid rise in government debt in countries all over the world since th, Does Debt Management Matter?

Does Debt Management Matter?

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Does Debt Management Matter?, In an age when public officials argue vehemently over the size and importance of the deficit of the United States government, this timely volume analyzes the problems involved with the rapid rise in government debt in countries all over the world since th, Does Debt Management Matter?

Does Debt Management Matter?

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