Does more government deficit raise the interest rate? Application of extended loanable funds model to Slovenia
Extending the open-economy loanable funds model, this paper finds that more government deficit as a percentage of GDP does not lead to a higher government bond yield. In addition, a higher real Treasury bill rate, a higher expected inflation rate, a higher EU government bond yield, or an expected de...
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| Format: | Article |
| Language: | deu |
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Faculty of Economics University of Rijeka
2009-12-01
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| Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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| Online Access: | https://www.efri.hr/sites/efri.hr/files/cr-collections/2/yuhsing-2009-2.pdf |