Government Debt and Long-Term Interest Rates

Preprint OPEN
Noriaki Kinoshita;
(2006)
  • Subject: Debt;Government debt;Fiscal policy;long-term interest rates, dynamic general equilibrium model, birth rate, simulation results, general equilibrium model, equations,

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 ... View more
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