Essays in Economics

Essays in Economics PDF Author: James Tobin
Publisher: MIT Press
ISBN: 9780262200622
Category : Business & Economics
Languages : en
Pages : 550

Get Book Here

Book Description
These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance.

Essays in Economics

Essays in Economics PDF Author: James Tobin
Publisher: MIT Press
ISBN: 9780262200622
Category : Business & Economics
Languages : en
Pages : 550

Get Book Here

Book Description
These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance.

Handbook of Debt Management

Handbook of Debt Management PDF Author: Gerald J. Miller
Publisher: Routledge
ISBN: 1351564641
Category : Political Science
Languages : en
Pages : 982

Get Book Here

Book Description
Examining various methods of debt management used in the US., Handbook of Debt Management, provides a comprehensive analysis of securities offered for sale by municipalities, states, and the federal government. The book covers laws regarding municipal bonds, the economic choice between debt and taxes and the tax-exempt status of municipal bond owners, capital budgeting, including state and local government practices, developing governmental and intergovernmental debt policies, pay-as-you-go with debt financing for capital projects, US Internal Revenue Service regulations on arbitrage in state and local government debt proceeds investment, US treasury auctions, and more.

Public Debt Management

Public Debt Management PDF Author: Rudiger Dornbusch
Publisher: Cambridge University Press
ISBN: 9780521392662
Category : Business & Economics
Languages : en
Pages : 384

Get Book Here

Book Description
As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability.

Principles of Budgetary and Financial Policy

Principles of Budgetary and Financial Policy PDF Author: Willem H. Buiter
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 482

Get Book Here

Book Description


Sovereign Assets and Liabilities Management

Sovereign Assets and Liabilities Management PDF Author: Mr.D. F. I. Folkerts-Landau
Publisher: International Monetary Fund
ISBN: 9781557756947
Category : Business & Economics
Languages : en
Pages : 292

Get Book Here

Book Description
This volume, edited by David Folkerts-Landau and Marcel Cassard, consists of papers presented at a conference held in Hong Kong SAR that was hosted by the IMF and the Hong Kong Monetary Authority. It focuses on a wide range of issues confronting policymakers in managing their sovereign assets and liabilities in a world of mobile capital and integrated capital markets. Topics include public debt management strategy, central bank reserves management, technical and quantitive aspects of risk management, and credit costs and borrowing capacity in optimizing debt management. The papers draw on experiences of policymakers and private sector participants actively involved in formulating and implementing debt and reserves policy.

Guidelines for Public Expenditure Management

Guidelines for Public Expenditure Management PDF Author: Mr.Jack Diamond
Publisher: International Monetary Fund
ISBN: 9781557757876
Category : Business & Economics
Languages : en
Pages : 84

Get Book Here

Book Description
Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

Money, Macroeconomics, and Economic Policy

Money, Macroeconomics, and Economic Policy PDF Author: William C. Brainard
Publisher: MIT Press
ISBN: 9780262023252
Category : Business & Economics
Languages : en
Pages : 392

Get Book Here

Book Description
These original contributions celebrate and extend Tobin's contributions to macroeconomics, international economics, finance, and economic policy.

Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness

Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness PDF Author: Mr.Gee Hee Hong
Publisher: International Monetary Fund
ISBN: 151357003X
Category : Business & Economics
Languages : en
Pages : 41

Get Book Here

Book Description
How does unconventional monetary policy affect corporate capital structure and investment decisions? We study the transmission channel of quantitative easing and its potential diminishing returns on investment from a corporate finance perspective. Using a rich bank-firm matched data of Japanese firms with information on corporate debt and investment, we study how firms adjust their capital structure in response to the changes in term premia. Investment responds positively to a reduction in the term premium on average. However, there is a significant degree of cross-sectional variation in firm response: healthier firms increase capital spending and cash holdings, while financially vulnerable firms take advantage of lower long-term yields to refinance without increasing investment.

Conference on the Economics of Federal Credit Activity, April 10-11, 1980: Papers

Conference on the Economics of Federal Credit Activity, April 10-11, 1980: Papers PDF Author:
Publisher:
ISBN:
Category : Government lending
Languages : en
Pages : 388

Get Book Here

Book Description


Can It Happen Again?

Can It Happen Again? PDF Author: Hyman Minsky
Publisher: Routledge
ISBN: 1317232496
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
In the winter of 1933, the American financial and economic system collapsed. Since then economists, policy makers and financial analysts throughout the world have been haunted by the question of whether "It" can happen again. In 2008 "It" very nearly happened again as banks and mortgage lenders in the USA and beyond collapsed. The disaster sent economists, bankers and policy makers back to the ideas of Hyman Minsky – whose celebrated 'Financial Instability Hypothesis' is widely regarded as predicting the crash of 2008 – and led Wall Street and beyond as to dub it as the 'Minsky Moment'. In this book Minsky presents some of his most important economic theories. He defines "It", determines whether or not "It" can happen again, and attempts to understand why, at the time of writing in the early 1980s, "It" had not happened again. He deals with microeconomic theory, the evolution of monetary institutions, and Federal Reserve policy. Minsky argues that any economic theory which separates what economists call the 'real' economy from the financial system is bound to fail. Whilst the processes that cause financial instability are an inescapable part of the capitalist economy, Minsky also argues that financial instability need not lead to a great depression. This Routledge Classics edition includes a new foreword by Jan Toporowski.