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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Sieg, Gernot | en |
dc.contributor.author | Stegemann, Ulrike | en |
dc.date.accessioned | 2010-04-14 | - |
dc.date.accessioned | 2011-11-14T17:10:50Z | - |
dc.date.available | 2011-11-14T17:10:50Z | - |
dc.date.issued | 2009 | - |
dc.identifier.uri | http://hdl.handle.net/10419/51311 | - |
dc.description.abstract | Opportunistic politicians use the composition of public debt as a signal for competence. A competent government will not issue long-term nominal debt, as optimal to balance the budget, but long-term inflation-indexed debt. We consider politicians that pursue the objective of a balanced budget subject to the Stability and Growth Pact and reelection. A government's competence is reflected by its ability to produce a public service at a lower cost (taxes). Competence is private information of politicians. | en |
dc.language.iso | eng | en |
dc.publisher | |aTechnische Universität Braunschweig, Institut für Volkswirtschaftslehre |cBraunschweig | en |
dc.relation.ispartofseries | |aEconomics Department Working Paper Series |x5 | en |
dc.subject.jel | D72 | en |
dc.subject.jel | H63 | en |
dc.subject.jel | E32 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Political Budget Cycle | en |
dc.subject.keyword | Debt Management | en |
dc.subject.keyword | Inflation-indexed Bonds | en |
dc.subject.keyword | Stability and Growth Pact | en |
dc.subject.stw | Debt Management | en |
dc.subject.stw | Haushaltskonsolidierung | en |
dc.subject.stw | EU-Stabilitätspakt | en |
dc.subject.stw | Public Choice | en |
dc.subject.stw | EU-Staaten | en |
dc.title | Strategic debt management within the stability and growth pact | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 623661640 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:tbswps:5 | en |
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