Artificial intelligence and local debt: Evidence from five OECD bond markets
收藏Organisation for Economic Co-operation and Development2026-02-07 收录
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This paper examines whether local investments in artificial intelligence (AI) improve subnational borrowing terms in an international setting. Building on U.S. evidence that AI-intensive countries experience lower municipal bond yields and stronger local fiscal capacity, the analysis is extended to five OECD countries: Belgium, Canada, Germany,...
