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 deficit...
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1991.
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Серія: | IMF Working Papers; Working Paper ;
No. 1991/006 |
Онлайн доступ: | Full text available on IMF |