Dalamagas, Basil; Tantos, Stefanos - 2017
In this study, the role of debt maturity is analysed in a framework that blends a number of key macro‐economic factors … with a process of estimating an optimal debt maturity maximising net present value. The purpose is to reduce the real value … of government liabilities for a highly indebted country, as for example in the case of Greece, over a 35‐year period. The …