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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15702 |
来源ID | Working Paper 15702 |
Interest Rate Risk and Other Determinants of Post-WWII U.S. Government Debt\/GDP Dynamics | |
George J. Hall; Thomas J. Sargent | |
发表日期 | 2010-01-28 |
出版年 | 2010 |
语种 | 英语 |
摘要 | This paper uses the sequence of government budget constraints to motivate estimates of interest payments on the U.S. Federal government debt. We explain why our estimates differ conceptually and quantitatively from those reported by the U.S. government. We use our estimates to account for contributions to the evolution of the debt to GDP ratio made by inflation, growth, and nominal returns paid on debts of different maturities. |
主题 | Macroeconomics ; Business Cycles ; Money and Interest Rates ; Public Economics ; National Fiscal Issues |
URL | https://www.nber.org/papers/w15702 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573375 |
推荐引用方式 GB/T 7714 | George J. Hall,Thomas J. Sargent. Interest Rate Risk and Other Determinants of Post-WWII U.S. Government Debt\/GDP Dynamics. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15702.pdf(274KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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