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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Kumar, Manmohan
Outros autores: Baldacci, Emanuele
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/184
Acceso en liña:Full text available on IMF