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Opportunities For Implementing The Inflation-Indexed Debt In The Practice Of The Republic Of Bulgaria

Vladimir Chernaliev ()
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Vladimir Chernaliev: Varna University of Economics

Business & Management Compass, 2015, issue 4, 67-77

Abstract: The interest in the inflation indexed national debt has risen in the past few decades. This is due to a number of advantages which this type of debt instrument possesses as compared to conventional securities. The advantages and the risks accompanying the indexation of GSs for the economic agents are significant and depend on the accuracy of macroeconomic forecasts. The aim of this study is to determine the possibilities for using inflation indexed national debt in the practice of Republic of Bulgaria.

Keywords: national debt; indexation; GDP; inflation; covariance (search for similar items in EconPapers)
JEL-codes: H63 (search for similar items in EconPapers)
Date: 2015
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