Introduction of a New Conceptual Framework for Government Debt Management With a Special Emphasis on Modeling the Term Structure Dynamics /

• Κύριος συγγραφέας: Hubig, Anja (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2013.
• Σειρά: Empirische Finanzmarktforschung/Empirical Finance
• Θέματα: Finance.; Finance, general.

Against the background of the financial-cum-sovereign debt crisis, government debt managers are currently faced by a challenging environment. One key element in that respect is the analysis and forecast of interest rates, which is important for achieving the strategic objective of low borrowing cost...

Πίνακας περιεχομένων:

• Core assumptions underlying the micro portfolio approach to public debt management
• A public finance framework for long-term sovereign funding decisions
• Recommendations for broader debt management objectives
• A new approach to model the shape and dynamics of the term structure of interest rates
• Stochastic modeling of the term structure dynamics
• Empirical validation of term structure simulations.