Government debt as the integral portfolio of assets and liabilities generated by debt
The paper analyses the possibilities of optimal government (national) debt management, trying to maximize the made-up net value for the debtor with the help of funds borrowed by the government. The integral portfolio of debtor assets and debt service liabilities, based on the borrowed funds, is cho...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2014-03-01
|
Series: | Journal of Business Economics and Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/2950 |