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...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Kumar, Manmohan
Andre forfattere: Baldacci, Emanuele
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2010.
Serier:IMF Working Papers; Working Paper ; No. 2010/184
Online adgang:Full text available on IMF