Interest Rates and Government Debt : Are the Linkages Global Rather Than National?

Are the Linkages Global Rather Than National?

Interest Rates and Government Debt : Are the Linkages Global Rather Than National?
Given the increasing integration of financial markets, a better understanding of the effects of fiscal deficits and debt on real interest rates might be obtained by taking a global, rather than a national, perspective. The paper constructs aggregate flow and stock data (including GDP, fiscal deficits, government debt, and saving rates) and... READ MORE...

Publication date: January 1991
ISBN 9781451842227
$15.00

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