This study adopts a loanable funds model to investigate the impact of budget deficits in the U.S. on long term real interest rates. The study investigates both ex post real 10 year Treasury note yields and ex post real 20 year Treasury bond yields. The study period runs from 1955 through 1987, using quarterly data. Two stage least squares estimations reveal that budget deficits did indeed raise these ex post real long term interest rate yields
Using two alternative measures of expected inflation, this study investigates the impact of federal ...
This paper provides evidence on the response of interest rates to Federal budget deficits. A simple ...
The study investigates the impact of budget deficits on ex post real long-term interest rates over t...
This study adopts a loanable funds model to investigate the impact of budget deficits in the U.S. on...
This study investigates the impact of the U.S. federal budget deficit on ex ante real long-term inte...
Using over a half century of data, this empirical study adopts a simple loanable funds to investigat...
Using quarterly data and dealing with the ex post real rates on three month U.S. Treasury bills and ...
Using over a half century of data, this empirical study adopts a simple loanable funds model to inve...
Using four decades of data, this empirical study adopts a loanable funds model to investigate the im...
The existence of large federal budget deficits in the U.S., especially in recent years, raises the s...
This study empirically finds, using ECM, that the primary federal budget deficit shares a bi-directi...
This empirical note studies the impact of the net budget deficits of all levels of government in the...
This empirical study adopts an open-economy loanable funds model to investigate the impact of post-B...
This empirical note investigates the impact of the federal budget deficit upon the nominal long term...
This study empirically examines the impact of the federal government budget on the nominal interest ...
Using two alternative measures of expected inflation, this study investigates the impact of federal ...
This paper provides evidence on the response of interest rates to Federal budget deficits. A simple ...
The study investigates the impact of budget deficits on ex post real long-term interest rates over t...
This study adopts a loanable funds model to investigate the impact of budget deficits in the U.S. on...
This study investigates the impact of the U.S. federal budget deficit on ex ante real long-term inte...
Using over a half century of data, this empirical study adopts a simple loanable funds to investigat...
Using quarterly data and dealing with the ex post real rates on three month U.S. Treasury bills and ...
Using over a half century of data, this empirical study adopts a simple loanable funds model to inve...
Using four decades of data, this empirical study adopts a loanable funds model to investigate the im...
The existence of large federal budget deficits in the U.S., especially in recent years, raises the s...
This study empirically finds, using ECM, that the primary federal budget deficit shares a bi-directi...
This empirical note studies the impact of the net budget deficits of all levels of government in the...
This empirical study adopts an open-economy loanable funds model to investigate the impact of post-B...
This empirical note investigates the impact of the federal budget deficit upon the nominal long term...
This study empirically examines the impact of the federal government budget on the nominal interest ...
Using two alternative measures of expected inflation, this study investigates the impact of federal ...
This paper provides evidence on the response of interest rates to Federal budget deficits. A simple ...
The study investigates the impact of budget deficits on ex post real long-term interest rates over t...