Fiscal Discipline and the Cost of Public Debt Service : Some Estimates for OECD Countries

Some Estimates for OECD Countries

Fiscal Discipline and the Cost of Public Debt Service : Some Estimates for OECD Countries
Is there any systematic explanation of variations in the cost of debt servicing over time and across countries? This paper examines the influence of fiscal variables on borrowing costs in a panel of OECD countries, showing that these variables have a significant role. In particular, an improvement of the primary fiscal balance is associated with... READ MORE...

Publication date: April 1998
ISBN 9781451969269
$15.00

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