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The Debt Burden and Debt Maturity

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NBER1991-12-01 更新2025-01-04 收录
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At low and moderate levels of government debt, there appears to be little relation between the level of debt and its maturity. But at high levels of debt, a strong inverse relation emerges. We start the paper by documenting this inverse relation for those OECD Countries which have reached very high

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1991-12-01
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