The Risk Premiumon Italian Government Debt, 1976-1988 /

This paper considers the behavior of the yield differential between government and nongovernment bonds in Italy between 1976 and 1988. It is shown that the trend increase of the differential observed in this period was significantly influenced by the deterioration of public finances, as reflected bo...

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Bibliographic Details
Main Author: Cottarelli, Carlo
Other Authors: Mecagni, Mauro
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1990.
Series:IMF Working Papers; Working Paper ; No. 1990/038
Online Access:Full text available on IMF