Does Fiscal Policy Affect Interest Rates? : Evidence from a Factor-Augmented Panel /

This paper reconsiders the effects of fiscal policy on long-term interest rates employing a Factor Augmented Panel (FAP) to control for the presence of common unobservable factors. We construct a real-time dataset of macroeconomic and fiscal variables for a panel of OECD countries for the period 198...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Dell'Erba, Salvatore
Weitere Verfasser: Sola, Sergio
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/159
Online Zugang:Full text available on IMF