Fiscal Deficits, Public Debt, and Sovereign Bond Yields /

The recent sharp increase in fiscal deficits and government debt in many countries raises questions regarding their impact on long-term sovereign bond yields. While economic theory suggests that this impact is likely to be adverse, empirical results have been less clear cut, have generally ignored n...

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Dettagli Bibliografici
Autore principale: Kumar, Manmohan
Altri autori: Baldacci, Emanuele
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/184
Accesso online:Full text available on IMF