The Debt Burden and Its Consequences for Monetary Policy

The International Economic Association - List of Participants and Contributors - Abbreviations and Acronyms - Introduction; M.King & G.Calvo - PART 1: OVERVIEW PAPERS - Debt and Monetary Policy: The Policy Issues; R.Dornbusch - Discussion; M.King - Debt, Cash Flow and Inflation Incentives: A Swedish Example; M.Persson , T.Persson & L.E.O. Svensson - Discussion; J.Campbell - PART 2: THE STRUCTURE AND MATURITY OF DEBT - Optimal Funding Policy; R.J.Barro - Discussion; F.Giavazzi - Global Government Securities Markets: Economics and Politics of Recent Market Microstructure Reforms; R.S.Kroszner - Discussion; J.Pitchford - PART 3: DEBT AND DOMESTIC MONETARY POLICY - Control of the Public Debt: A Requirement for Price Stability?; M.Woodford - Discussion; W.Perraudin - Towards a Political-Economic Theory of Domestic Debt; A.Drazen - Discussion; T.Ito - PART 4: DEBT AND INTERNATIONAL FINANCIAL MARKETS - Varieties of Capital-Market Crises; G.A.Calvo - Discussion; A.Razin - Debt and Exchange Rates; P.Kugler - Discussion; C.Bean - PART 5: DEBT AND MONETARY UNION - Credibility, Seigniorage and Government Debt in a Monetary Union; B.Huber - Discussion; A.Giovannini - Deficits, Debt and European Monetary Union: Some Unpleasant Fiscal Arithmetic; G.Winckler, E.Hochreiter & P.Brandner - Discussion; J.von Hagen - Index