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Bond Markets, Treasury and Debt Management: The Italian Case

by V. Conti
Save 35% Save 35%
Current price ₹11,017.00
Original price ₹16,949.00
Original price ₹16,949.00
Original price ₹16,949.00
(-35%)
₹11,017.00
Current price ₹11,017.00

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Book cover type: Paperback
  • ISBN13: 9780412597404
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Springer
  • Publisher Imprint: Springer
  • Publication Date:
  • Pages: 246
  • Original Price: EUR 149.99
  • Language: English
  • Edition: 1994
  • Item Weight: 540 grams
  • BISAC Subject(s): General, Economics / General, and Applied

From the Back Cover
During the 1980s, the stock of the Italian public debt rose to over 100% of the GDP. The Italian authorities took steps against this and although they did not prevent the growth in the deficit they were successful in its management. The result is that the Italian experience is an extremely interesting case study for financial research in debt management and microstructure. The rationale of this book is the description and analysis of this case and its implications for other developed countries. It is divided into two parts. In the first part the analysis is focused on macroeconomic issues concerning the risk premia on Italian Treasury securities. In the second part attention is devoted to a set of microeconomic issues concerning the function of the market. Throughout the book the emphasis is on authoritative explanations by insiders on how policy really works so that Bond Markets, Treasury and Debt Management, while being an important contribution to academic theories in the areas concerned, is also of practical use to specialists and policy-makers in government, and professionals in the financial world.

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