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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kumar, Manmohan
Weitere Verfasser: Baldacci, Emanuele
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/184
Online Zugang:Full text available on IMF