Public Debt in Advanced Economies and its Spillover Effectson Long-Term Yields /
Several models establish a positive association between public debt ratios and long-term real yields, but the empirical evidence is not always conclusive. We reconsider this issue, focusing in particular on possible spillover effects of large advanced economies' debt levels to other economies...
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Format: | Žurnal |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2011.
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Serija: | IMF Working Papers; Working Paper ;
No. 2011/210 |
Online pristup: | Full text available on IMF |