Title:

Application of mathematical programming methods for public debt management

Subtitle:

Raport Badawczy = Research Report ; RB/11/2016

Creator:

Klukowski, Leszek

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

2016

Description:

18 pages ; 21 cm ; Bibliography p. 17-18

Subject and Keywords:

Mathematical programming application ; Nonlinear and stochastic programming ; Public debt management ; Zarządzanie długiem publicznym ; Programowanie nieliniowe i stochastyczne ; Zastosowanie programowania matematycznego

Abstract:

The paper presents examples of application of mathematical programming approach for optimization of public debt management in Poland. The criterion functions (minimized) express servicing costs of a set of debt instruments; the cost of individual instrument is a product of its capital and profitability. The constraints of the problems comprise: budgetary requirements, measures of risk and other features of debt. The result of optimization determine a structure of debt, which minimizes servicing costs and satisfies constraints.

Relation:

Raport Badawczy = Research Report

Resource type:

Text

Detailed Resource Type:

Report

Source:

RB-2016-11

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open