Applied Macroeconomics for Government Debt Management

Applied Macroeconomics for Government Debt Management employs an engineering view of economics by applying the control theory approach to macroeconomic problems. It uses simple models for reliable decision-making. The authors show how to build simple models and then give readers the opportunity to manipulate them on a companion site. Using well identified parameters instead of complex multi-criteria models with uncertain parameters, readers can gain new certainty in macroeconomic decision making. High debt to GDP ratios make up a crucial problem in societies, and Applied Macroeconomics for Government Debt Management provides insight into the debate about improving economies during economic downturns. Addresses the dynamics of debt to GDP ratio and the effects of fiscal and monetary policy on this ratioShows how to use models to evaluate the dynamics of the debt to GDP ratio in cases of government spending and tax cuts and to decide whether such economic measures are efficientProvides many examples and software exercises to promote learning by doing INDICE: 1. Austerity and Stimulus Polices2. Fiscal Stimulus Policy3. How Dangerous Is National Debt4. Realization of Established Goals5. Debt Related Models Software

• ISBN: 978-0-12-815632-2
• Editorial: Academic Press
• Encuadernacion: Rústica
• Páginas: 300
• Fecha Publicación: 01/08/2018
• Nº Volúmenes: 1
• Idioma: Inglés