Government debt-interest rate nexus in G7 countries over a long horizon
The goal of this paper is to investigate the influence of government fiscal positions on long-term interest rates in G7 countries during the period 1948-2012. Our results suggest that a one percentage point increase in the stock of government debt in GDP is associated with an increase in go...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2016-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2016/1452-595X1600023M.pdf |