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&#...

Полное описание

Библиографические подробности
Главный автор: Alper, Emre
Другие авторы: Forni, Lorenzo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2011.
Серии:IMF Working Papers; Working Paper ; No. 2011/210
Online-ссылка:Full text available on IMF