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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Bibliographic Details
Main Author: Alper, Emre
Other Authors: Forni, Lorenzo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/210
Online Access:Full text available on IMF