This area is dedicated to documents focused on the analysis of macroeconomic theoretical models which include, as one of the relevant variables, the level of public debt regardless its operative aspects. As a macroeconomic variable, public debt is generally taken into account in a number of research projects, both theoretical and empirical, especially concerning topics such as:

• the inter-temporal government budget constraints,
• the intergenerational redistribution,
• the efficiency of taxation,
• the efficiency and stability of financial markets,
• factors promoting international financial crises and policies that can help make crises less likely,
• the welfare analysis,
• the social security system reform,
• and the private saving behaviour.

Efficiency in public debt management can be affected by economic and financial matters, and, on the other hand, it is seen to have an impact on them. The mechanisms through which these interrelations perform are worth of theoretical investigation in order to pursue macroeconomic goals, particularly with respect to the level of unemployment, gross domestic product, inflation and balance of payments.

Sample Documents

The following are sample documents, extracted from a wider group available on the private page of this website. Access to the private page is free, but reserved for partners only. Please find more information at the " Join us" section.

• Pablo Antolin - Hans Blommestein
  Governments and the Market for Longevity-Indexed Bonds (2007)
  - Download PDF 108 Kb
  
  
• Alessandro Missale - Emanuele Bacchiocchi
  Managing Debt Stability (2005)
  - Download PDF 527 Kb
  
  
• Adeline Bachellerie - Bertrand Couillault
  Soutenabilité de la dette publique et crises des pays émergents présentation des concepts et des instruments de diagnostic (2005)
  - Download PDF 357 Kb
  
  
• Matthieu Bussiere - Marcel Fratzscher - Winfried Koeniger
  Currency Mismatch, Uncertainty and Debt Maturity Structure (2004)
  - Download PDF 1.076 Kb