Market-Based Fiscal Discipline: Disziplinierung Staatlicher Schuldner Durch Den Kapitalmarkt?
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Market-Based Fiscal Discipline: Disziplinierung Staatlicher Schuldner Durch Den Kapitalmarkt?

Market-Based Fiscal Discipline: Disziplinierung Staatlicher Schuldner Durch Den Kapitalmarkt?


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About the Book

Was ist die Auswirkung hoher Verschuldung auf die Finanzierungskosten einzelner Staaten? Mit ansteigender Verschuldung verschlechtert sich die Bonitat, und die Risikopramie fur das Kreditrisiko steigt. Ab einer bestimmten Verschuldungshohe wird der Kapitalmarkt nicht mehr dazu bereit sein, weitere Mittel zur Verfugung zu stellen. Neue empirische Evidenz mit Daten vom Eurobondmarkt deutet darauf hin, dass auch in der Europaischen Wahrungsunion die Mitgliedslander einer -Market-based Fiscal Discipline- unterliegen. Auch ihre Verschuldungsmoglichkeiten werden von Bonitatsrisiko und Risikopramien beeinflusst."
About the Author: Der Autor: Burkhard Ziegenhorn wurde 1970 in Freiburg i. Br. geboren. Er hat von 1985 bis 1991 in London gelebt und nach seiner Banklehre bei der Deutschen Bank AG in London von 1991 bis 1996 in Hannover und Bonn Volkswirtschaftslehre studiert. An der Universitat Hannover absolvierte er von 1996 bis 1998 sein Doktorandenstudium. Zur Zeit arbeitet er bei der Deutschen Bank AG in Dusseldorf im Bereich -Global Corporates & Institutions-."


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Product Details
  • ISBN-13: 9783631349410
  • Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
  • Publisher Imprint: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
  • Edition: New edition
  • Language: German
  • Returnable: N
  • Sub Title: Theoretische Aspekte Und Empirische Evidenz
  • Width: 148 mm
  • ISBN-10: 3631349416
  • Publisher Date: 01 May 1999
  • Binding: Paperback
  • Height: 210 mm
  • No of Pages: 264
  • Series Title: Europaeische Hochschulschriften / European University Studie
  • Weight: 410 gr


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Market-Based Fiscal Discipline: Disziplinierung Staatlicher Schuldner Durch Den Kapitalmarkt?
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Market-Based Fiscal Discipline: Disziplinierung Staatlicher Schuldner Durch Den Kapitalmarkt?
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