Arbeitspapier
Interest rates and budget deficits: Cross-country evidence from the period 1924-1938
This paper examines the question of whether budget deficits raise nominal interest rates. The empirical analyses make use of cross-country data from 16 countries covering the period 1924 - 1938 .. Contrary to some recent studies (by e.g. Evans), it turns out that budget deficits affect nominal rates positively and thus the Ricardian equivalence proposition can be questioned.
- ISBN
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951-686-158-X
- Language
-
Englisch
- Bibliographic citation
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Series: Bank of Finland Discussion Papers ; No. 13/1988
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
-
Virén, Matti
- Event
-
Veröffentlichung
- (who)
-
Bank of Finland
- (where)
-
Helsinki
- (when)
-
1988
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Virén, Matti
- Bank of Finland
Time of origin
- 1988
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