Fiscal Policy and Interest Rates : How Sustainable Is The 'New Economy'? /

This paper explores the determinants of long-term government bond yields in the Group of Seven (G-7) economies and analyzes the factors that could explain the conundrum of very low rates in the face of a variety of adverse factors in recent years. In particular, the paper focuses on the deterioratin...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kumar, Manmohan
Weitere Verfasser: Hauner, David
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/112
Online Zugang:Full text available on IMF