This paper examines the relationship between government debt and the real interest margin between Australian and US ten-year government bond yields. Results for 1990 to 2009 suggest that Australian general government net debt has no impact on the short run real interest margin, and has only a small effect in the long run. Further, the estimates suggest that movements in US general government net debt have a considerably larger effect than Australian general government net debt — implying that US influences take greater prominence in explaining the real interest margin
Preliminary: Not to be quoted without author's permission. Prepared for the Conference on Economi...
In a small open economy, it is common to regard the domestic interest rate as a function of the worl...
Using over a half century of data, this empirical study adopts a simple loanable funds to investigat...
This paper re-examines the relationship between fiscal imbalances and net foreign borrowing. A gener...
In 1996 when the \u27debt truck\u27 was touring Australia, our net foreign debt level was $194 billi...
This paper examines whether the term structure of interest rates provides predictive power for real ...
This paper uses a sequence of government budget constraints to motivate estimates of returns on the ...
This paper explores the determinants of long-term government bond yields in the Group of Seven (G-7)...
The level of and movements in interest rates and the exchange rate can have a substantial impact on ...
What is the effect of government deficits on interest rates? This fundamen-tal question has not been...
The ability of both households and governments to increase savings and manage debt has been an ongoi...
Over the recent decades the most significant global imbalances have been between Asia-Pacific econom...
The goal of this paper is to investigate effects of fiscal policy on output as a response to an exte...
The paper investigates whether US and UK have followed sustainable debt policies during the period 1...
This research paper on foreign debt is the fourth update of a Parliamentary Library paper originally...
Preliminary: Not to be quoted without author's permission. Prepared for the Conference on Economi...
In a small open economy, it is common to regard the domestic interest rate as a function of the worl...
Using over a half century of data, this empirical study adopts a simple loanable funds to investigat...
This paper re-examines the relationship between fiscal imbalances and net foreign borrowing. A gener...
In 1996 when the \u27debt truck\u27 was touring Australia, our net foreign debt level was $194 billi...
This paper examines whether the term structure of interest rates provides predictive power for real ...
This paper uses a sequence of government budget constraints to motivate estimates of returns on the ...
This paper explores the determinants of long-term government bond yields in the Group of Seven (G-7)...
The level of and movements in interest rates and the exchange rate can have a substantial impact on ...
What is the effect of government deficits on interest rates? This fundamen-tal question has not been...
The ability of both households and governments to increase savings and manage debt has been an ongoi...
Over the recent decades the most significant global imbalances have been between Asia-Pacific econom...
The goal of this paper is to investigate effects of fiscal policy on output as a response to an exte...
The paper investigates whether US and UK have followed sustainable debt policies during the period 1...
This research paper on foreign debt is the fourth update of a Parliamentary Library paper originally...
Preliminary: Not to be quoted without author's permission. Prepared for the Conference on Economi...
In a small open economy, it is common to regard the domestic interest rate as a function of the worl...
Using over a half century of data, this empirical study adopts a simple loanable funds to investigat...