Government Debt and Long-Term Interest Rates /
This paper examines the relationship between government debt and long-term interest rates. A dynamic general equilibrium model that incorporates debt nonneutrality is specified and solved, and numerical simulations using the model are undertaken. In addition, empirical evidence using panel data for...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2006.
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Series: | IMF Working Papers; Working Paper ;
No. 2006/063 |
Online Access: | Full text available on IMF |