Interest Rates and Budget Deficits : A Study of the Advanced Economies book cover
SAVE
$34.00
1st Edition

Interest Rates and Budget Deficits
A Study of the Advanced Economies




ISBN 9780415101356
Published September 11, 1996 by Routledge
288 Pages

 
SAVE ~ $34.00
was $170.00
USD $136.00

Prices & shipping based on shipping country


Preview

Book Description

There is widespread belief that the high interest rates of the 1980s and 1990s in the developed world have been caused by high budget deficits. Yet, there is no conclusive evidence to support such a belief. This book systematically examines this and other questions relating to the behaviour of real interest rates in eleven developed countries. The results show that generalizations across the countries can be hazardous and strongly suggests that factors specific to individual countries are still of vital importance.