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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Dettagli Bibliografici
Autore principale: Cottarelli, Carlo
Altri autori: Mecagni, Mauro
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1990.
Serie:IMF Working Papers; Working Paper ; No. 1990/038
Accesso online:Full text available on IMF