The choice of currency denomination, indexation, and maturity structure of public debt is an increasingly important aspect of policy in a world of high debts and financially integrated markets. This book surveys theories and evidence on public debt composition and debt returns with the goal of emphasizing the main policy issues.
Policy Issues The Effects of Debt Management How Should the Public Debt be Managed? Debt Composition and Debt Maturity: The Evidence Minimizing Risk Minimizing Cost Policy Conclusions Appendix: Data and Data Sources
Alessandro Missaleis Assistant Professor in Macroeconomics in the Department of Economics at the University of Brescia. Between 1997 and 1998 he held the Houblon-Norman Fellowship at the Bank of England.