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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Détails bibliographiques
Auteur principal: Alper, Emre
Autres auteurs: Forni, Lorenzo
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:IMF Working Papers; Working Paper ; No. 2011/210
Accès en ligne:Full text available on IMF