The Effect of Government Debt, External Debt and their Interaction on OECD Interest Rates
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and Spinelli (2012) to investigate the effect of external...
