THE EFFECT OF FEDERAL DEFICITS AND DEBT ON THE TAX-ADJUSTED, SHORT-TERM, REAL INTEREST-RATE

被引:1
|
作者
ALLEN, SD
机构
[1] University of North Carolina at Greensboro, Greensboro
关键词
D O I
10.1016/0165-1765(90)90239-W
中图分类号
F [经济];
学科分类号
02 ;
摘要
The stock versus flow effect of the federal debt/deficit on a real interest rate is examined in a reduced-form equation. The evidence shows a positive and significant linkage between the federal debt and an ex-post, tax-adjusted, short-term, real interest rate. © 1990.
引用
收藏
页码:169 / 173
页数:5
相关论文
共 50 条