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Roland Demmel - Fiscal Policy, Public Debt and the Term Structure of Interest Rates - 9783540662433 - V9783540662433
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Fiscal Policy, Public Debt and the Term Structure of Interest Rates

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Description for Fiscal Policy, Public Debt and the Term Structure of Interest Rates Paperback. This work discusses the dynamic interactions between fiscal policy and financial markets in a setting of stochastic growth and general equilibrium, thus combining the two fields of macroeconomic dynamics and mathematical finance. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 292 pages, biography. BIC Classification: KFFD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 235 x 155 x 15. Weight in Grams: 920.
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 ... Read more

Product Details

Format
Paperback
Publication date
1999
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
292
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
282
Place of Publication
Berlin, Germany
ISBN
9783540662433
SKU
V9783540662433
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

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