Official Demand for U.S. Debt

Download Official Demand for U.S. Debt PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484356829
Total Pages : 46 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Official Demand for U.S. Debt by : Iryna Kaminska

Download or read book Official Demand for U.S. Debt written by Iryna Kaminska and published by International Monetary Fund. This book was released on 2014-04-18 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008, foreign purchases of US Treasuries are estimated to have had cumulatively reduced long term real yields by around 80 basis points. The subsequent total impact of Fed purchases in 2008-2012 has been even larger: the quantitative easing (QE) has depressed real 10-year yields by around 140 basis points. Our findings also reveal that the Fed policy interventions and foreign official purchases affect longer term real bonds mostly through a reduction in the bond premium.

Official Demand for US Debt

Download Official Demand for US Debt PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)

DOWNLOAD NOW!


Book Synopsis Official Demand for US Debt by : Iryna Kaminska

Download or read book Official Demand for US Debt written by Iryna Kaminska and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Official Demand for U.S. Debt

Download Official Demand for U.S. Debt PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis Official Demand for U.S. Debt by : Iryna Kaminska

Download or read book Official Demand for U.S. Debt written by Iryna Kaminska and published by . This book was released on 2018 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate a structural term-structure model in which arbitrageurs accommodate demand pressures exerted by domestic and foreign official investors, as well as supply pressures. These pressures can affect real rates by altering the aggregate price of duration risk, thus through changes in bond risk premiums. While foreign-official pressures contributed to reduce long-term real rates mainly in the years prior to the global-financial crisis, Fed's pressures materialized during the QE period. Overall, the two-factor model, augmented to account for changing liquidity conditions, offers a good representation of real rates during the 2001-2016 period; however, we flag some caveats and possible extensions.

Official Demand for U.S. Debt

Download Official Demand for U.S. Debt PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475590083
Total Pages : 46 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Official Demand for U.S. Debt by : Iryna Kaminska

Download or read book Official Demand for U.S. Debt written by Iryna Kaminska and published by International Monetary Fund. This book was released on 2014-04-18 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008, foreign purchases of US Treasuries are estimated to have had cumulatively reduced long term real yields by around 80 basis points. The subsequent total impact of Fed purchases in 2008-2012 has been even larger: the quantitative easing (QE) has depressed real 10-year yields by around 140 basis points. Our findings also reveal that the Fed policy interventions and foreign official purchases affect longer term real bonds mostly through a reduction in the bond premium.

Global Debt Database: Methodology and Sources

Download Global Debt Database: Methodology and Sources PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484353595
Total Pages : 52 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Global Debt Database: Methodology and Sources by : Samba Mbaye

Download or read book Global Debt Database: Methodology and Sources written by Samba Mbaye and published by International Monetary Fund. This book was released on 2018-05-14 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the compilation of the Global Debt Database (GDD), a cutting-edge dataset covering private and public debt for virtually the entire world (190 countries) dating back to the 1950s. The GDD is the result of a multiyear investigative process that started with the October 2016 Fiscal Monitor, which pioneered the expansion of private debt series to a global sample. It differs from existing datasets in three major ways. First, it takes a fundamentally new approach to compiling historical data. Where most debt datasets either provide long series with a narrow and changing definition of debt or comprehensive debt concepts over a short period, the GDD adopts a multidimensional approach by offering multiple debt series with different coverages, thus ensuring consistency across time. Second, it more than doubles the cross-sectional dimension of existing private debt datasets. Finally, the integrity of the data has been checked through bilateral consultations with officials and IMF country desks of all countries in the sample, setting a higher data quality standard.

The National Debt in War and Transition

Download The National Debt in War and Transition PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 316 pages
Book Rating : 4.:/5 (34 download)

DOWNLOAD NOW!


Book Synopsis The National Debt in War and Transition by : Henry Clifford Murphy

Download or read book The National Debt in War and Transition written by Henry Clifford Murphy and published by . This book was released on 1950 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Is U. S. Government Debt Different?

Download Is U. S. Government Debt Different? PDF Online Free

Author :
Publisher :
ISBN 13 : 9780983646990
Total Pages : 316 pages
Book Rating : 4.6/5 (469 download)

DOWNLOAD NOW!


Book Synopsis Is U. S. Government Debt Different? by : Donald S. Bernstein

Download or read book Is U. S. Government Debt Different? written by Donald S. Bernstein and published by . This book was released on 2012-11-27 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The National Debt

Download The National Debt PDF Online Free

Author :
Publisher : Macmillan
ISBN 13 : 0805003827
Total Pages : 325 pages
Book Rating : 4.8/5 (5 download)

DOWNLOAD NOW!


Book Synopsis The National Debt by : Lawrence Malkin

Download or read book The National Debt written by Lawrence Malkin and published by Macmillan. This book was released on 1987 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Our National Debt

Download Our National Debt PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Our National Debt by : Committee on Public Debt Policy, New York

Download or read book Our National Debt written by Committee on Public Debt Policy, New York and published by . This book was released on 1949 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revision of seven studies originally pub. separately by the committee in its National debt series. Our national debt after great wars.--The debt and the budget.--The debt and the banks.--The debt and interest rates.--The debt and our savings.--The debt and life insurance.--What to do about it.

The Financial Crisis Inquiry Report

Download The Financial Crisis Inquiry Report PDF Online Free

Author :
Publisher : Cosimo, Inc.
ISBN 13 : 1616405414
Total Pages : 692 pages
Book Rating : 4.6/5 (164 download)

DOWNLOAD NOW!


Book Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

The $13 Trillion Question

Download The $13 Trillion Question PDF Online Free

Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815727062
Total Pages : 178 pages
Book Rating : 4.8/5 (157 download)

DOWNLOAD NOW!


Book Synopsis The $13 Trillion Question by : David Wessel

Download or read book The $13 Trillion Question written by David Wessel and published by Brookings Institution Press. This book was released on 2015-11-24 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The underexamined art and science of managing the federal government's huge debt. Everyone talks about the size of the U.S. national debt, now at $13 trillion and climbing, but few talk about how the U.S. Treasury does the borrowing—even though it is one of the world's largest borrowers. Everyone from bond traders to the home-buying public is affected by the Treasury's decisions about whether to borrow short or long term and what types of bonds to sell to investors. What is the best way for the Treasury to finance the government's huge debt? Harvard's Robin Greenwood, Sam Hanson, Joshua Rudolph, and Larry Summers argue that the Treasury could save taxpayers money and help the economy by borrowing more short term and less long term. They also argue that the Treasury and the Federal Reserve made a huge mistake in recent years by rowing in opposite directions: while the Fed was buying long-term bonds to push investors into other assets, the Treasury was doing the opposite—selling investors more long-term bonds. This book includes responses from a variety of public and private sector experts on how the Treasury does its borrowing, some of whom have criticized the way the Treasury has been managing its borrowing.

Practical Information Concerning the Public Debt of the United States

Download Practical Information Concerning the Public Debt of the United States PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 210 pages
Book Rating : 4.A/5 ( download)

DOWNLOAD NOW!


Book Synopsis Practical Information Concerning the Public Debt of the United States by : William Adams Richardson

Download or read book Practical Information Concerning the Public Debt of the United States written by William Adams Richardson and published by . This book was released on 1872 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Waves of Debt

Download Global Waves of Debt PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!


Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Freedom from National Debt

Download Freedom from National Debt PDF Online Free

Author :
Publisher : Hillcrest Publishing Group
ISBN 13 : 1626520380
Total Pages : 105 pages
Book Rating : 4.6/5 (265 download)

DOWNLOAD NOW!


Book Synopsis Freedom from National Debt by : Frank N. Newman

Download or read book Freedom from National Debt written by Frank N. Newman and published by Hillcrest Publishing Group. This book was released on 2013-05-02 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: America is unjustly worried about "national debt," believing it can no longer do the many things that mark it as a great nation. Discussions of national undertakings including infrastructure repair, jobs programs, military modernization, and disease prevention - have all been stifled through fear of insolvency. America has convinced itself that it can no longer afford, as a nation, to do many of the productive things that it has done so well over its history. That's a great shame, because America remains a nation of tremendous resources in every sense, and the underlying assumptions about U.S. government financial instruments are not correct. America can never face the debt problems of nations like Greece, thanks to its fundamentally different financial system. This short book explains why such fears should not hold back America, and why even the expression "national debt" is neither meaningful nor appropriate for the United States.

On the Supply Of, and Demand For, U.S. Treasury Debt

Download On the Supply Of, and Demand For, U.S. Treasury Debt PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 3 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis On the Supply Of, and Demand For, U.S. Treasury Debt by : David Andolfatto

Download or read book On the Supply Of, and Demand For, U.S. Treasury Debt written by David Andolfatto and published by . This book was released on 2018 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the early 2000s, federal debt held by the public--the amount of outstanding U.S. Treasury securities (Treasuries) held by the Federal Reserve System and private investors--was stable at around 35 percent of gross domestic product (GDP).

Tracking Global Demand for Advanced Economy Sovereign Debt

Download Tracking Global Demand for Advanced Economy Sovereign Debt PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475596405
Total Pages : 62 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Tracking Global Demand for Advanced Economy Sovereign Debt by : Mr.Serkan Arslanalp

Download or read book Tracking Global Demand for Advanced Economy Sovereign Debt written by Mr.Serkan Arslanalp and published by International Monetary Fund. This book was released on 2012-12-03 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent events have shown that sovereigns, just like banks, can be subject to runs, highlighting the importance of the investor base for their liabilities. This paper proposes a methodology for compiling internationally comparable estimates of investor holdings of sovereign debt. Based on this methodology, it introduces a dataset for 24 major advanced economies that can be used to track US$42 trillion of sovereign debt holdings on a quarterly basis over 2004-11. While recent outflows from euro periphery countries have received wide attention, most sovereign borrowers have continued to increase reliance on foreign investors. This may have helped reduce borrowing costs, but it can imply higher refinancing risks going forward. Meanwhile, advanced economy banks’ exposure to their own government debt has begun to increase across the board after the global financial crisis, strengthening sovereign-bank linkages. In light of these risks, the paper proposes a framework—sovereign funding shock scenarios (FSS)—to conduct forward-looking analysis to assess sovereigns’ vulnerability to sudden investor outflows, which can be used along with standard debt sustainability analyses (DSA). It also introduces two risk indices—investor base risk index (IRI) and foreign investor position index (FIPI)—to assess sovereigns’ vulnerability to shifts in investor behavior.

National debt series

Download National debt series PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis National debt series by : New York Committee on Public Debt Policy

Download or read book National debt series written by New York Committee on Public Debt Policy and published by . This book was released on 1946 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: