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Government debt and long-term interest rates /

This paper examines the relationship between government debt and long-term interest rates. A dynamic general equilibrium model that incorporates debt nonneutrality is specified and solved, and numerical simulations using the model are undertaken. In addition, empirical evidence using panel data for...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Kinoshita, Noriaki (Auteur)
Collectivité auteur: International Monetary Fund. Fiscal Affairs Department
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., 2006.
Collection:IMF working paper ; WP/06/63.
Sujets:
Accès en ligne:Texto completo
Table des matières:
  • ""Contents""; ""I. INTRODUCTION""; ""II. AN OVERVIEW OF THE LITERATURE""; ""III. THEORETICAL ANALYSIS""; ""IV. EMPIRICAL EVIDENCE""; ""V. CONCLUSION""; ""References""; ""DERIVATION OF DYNAMIC EQUILIBRIUM CONDITIONS""; ""DATA SOURCES AND DEFINITIONS""