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...

Полное описание

Библиографические подробности
Главный автор: Cottarelli, Carlo
Другие авторы: Mecagni, Mauro
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1990.
Серии:IMF Working Papers; Working Paper ; No. 1990/038
Online-ссылка:Full text available on IMF