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Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries

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NBER2004-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10788
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资源简介:
We use a panel of 16 OECD countries over several decades to investigate the effects of government debts and deficits on long-term interest rates. In simple static specifications, a one-percentage-point increase in the primary deficit relative to GDP increases contemporaneous long-term interest rates
提供机构:
美国国家经济研究局
创建时间:
2004-09-01
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