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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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2010.
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Collection: | IMF Working Papers; Working Paper ;
No. 2010/184 |
Accès en ligne: | Full text available on IMF |