Academic literature on the topic 'The debt/deficits effect on the interest rate'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'The debt/deficits effect on the interest rate.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "The debt/deficits effect on the interest rate"

1

Oppers, Stefan E. "The Interest Rate Effect of Dutch Money in Eighteenth-Century Britain." Journal of Economic History 53, no. 1 (1993): 25–43. http://dx.doi.org/10.1017/s0022050700012377.

Full text
Abstract:
It is generally recognized that the Dutch played a major part in financing British government deficits from the 1720s to the late 1770s. This article argues that even though the Dutch continued to hold large amounts of British debt after 1780, they stopped supplying new capital to the British and started a modest repatriation of some of their previous investments. A comparative econometric study of 3 percent consol yields during the two deficit-inducing wars Britain fought between 1750 and 1795 shows that as a result British interest rates became much more sensitive to increases in government
APA, Harvard, Vancouver, ISO, and other styles
2

Laubach, Thomas. "New Evidence on the Interest Rate Effects of Budget Deficits and Debt." Finance and Economics Discussion Series 2003, no. 12 (2003): 1–20. http://dx.doi.org/10.17016/feds.2003.12.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Laubach, Thomas. "New Evidence on the Interest Rate Effects of Budget Deficits and Debt." Journal of the European Economic Association 7, no. 4 (2009): 858–85. http://dx.doi.org/10.1162/jeea.2009.7.4.858.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Allen, Stuart D. "The effect of federal deficits and debt on the tax-adjusted, short-term, real interest rate." Economics Letters 34, no. 2 (1990): 169–73. http://dx.doi.org/10.1016/0165-1765(90)90239-w.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Oche, Mary Oyemowo, Gisele Mah, and Itumeleng Pleasure Mongale. "The effects of public debt on foreign direct investment in South Africa (1983-2013): An empirical analysis." Risk Governance and Control: Financial Markets and Institutions 6, no. 4 (2016): 448–56. http://dx.doi.org/10.22495/rgcv6i4siart2.

Full text
Abstract:
The political move in South Africa occurred against a setting of high government deficits. Efforts have been made over the years by the government to reduce fiscal deficit and inflation, liberalize the capital account and the financial system as well as reduce tariffs. The main objective of this study, therefore, is to empirically investigate the effect of public debt on foreign direct investment in South African for the period 1983 – 2013. The study employs a Vector Error Correction Model, which provides both the long run and short run relationships among the variables. The long run results i
APA, Harvard, Vancouver, ISO, and other styles
6

Uchenna Okoye, Lawrence, Felicia O. Olokoyo, Felix N. Ezeji, Johnson I. Okoh, and Grace O. Evbuomwan. "Determinants of behavior of inflation rate in Nigeria." Investment Management and Financial Innovations 16, no. 2 (2019): 25–36. http://dx.doi.org/10.21511/imfi.16(2).2019.03.

Full text
Abstract:
Inflation is an important macroeconomic issue that has continued to dominate discussions at major economic fora over time. Governments all over the world are concerned about its rising trend because of its pervasive effect on economic performance. One intriguing fact about inflation is that it is both the cause and effect of certain policy actions of government. Several studies have been conducted on the effect of inflation on economic activities in developing and developed nations, but studies on its cause, particularly in developing nations, are scant. This paper aims at identifying major fa
APA, Harvard, Vancouver, ISO, and other styles
7

Ademi, Hasan. "THE IMPORTANCE OF PUBLIC DEBT IN THE ECONOMY- THE CASE OF THE REPUBLIC OF MACEDONIA." KNOWLEDGE INTERNATIONAL JOURNAL 30, no. 1 (2019): 99–106. http://dx.doi.org/10.35120/kij300199a.

Full text
Abstract:
The issue of public finance stability is one of the many issues for which many analyzes are made whether high budget deficits are causing them or not. Also, the sustainability of the state debt is presented as a global political and economic challenge. In the long run, public debt impacts on economic growth, lowering the tax rate, promoting macroeconomic income savings, and facilitating equality between layers in society. Public debt is different from private debt, which makes it even more important to analyze its effects. Public debt in general is a disturbing term. Public debt represents the
APA, Harvard, Vancouver, ISO, and other styles
8

Freitas, Fabio, and Rodrigo Christianes. "A baseline supermultiplier model for the analysis of fiscal policy and government debt." Review of Keynesian Economics 8, no. 3 (2020): 313–38. http://dx.doi.org/10.4337/roke.2020.03.02.

Full text
Abstract:
The article presents a basic Sraffian supermultiplier model for the analysis of fiscal policy and government debt. First, we discuss the assumptions and the equilibrium and stability properties of the model. Next, we investigate the effects on the main endogenous variables of the model (including the primary government deficit and debt ratios) of changes in the rate of growth and composition of autonomous demand, in the tax rates on profits and wages, and in the rate of interest. The analysis of the impacts of changes in the interest rate is conducted according to two possible closures for the
APA, Harvard, Vancouver, ISO, and other styles
9

Senibi, Victoria, Emmanuel Oduntan, Obinna Uzoma, Esther Senibi, and Akinde Oluwaseun. "Public Debt and External Reserve: The Nigerian Experience (1981–2013)." Economics Research International 2016 (October 16, 2016): 1–7. http://dx.doi.org/10.1155/2016/1957017.

Full text
Abstract:
Nigeria is confronted with the issue of limited capital and has to resort to foreign debt in order to augment domestic savings, balance of payment deficits, and shortfall in revenue which induce continuous raise in the debt stock at an alarming rate. In the light of this, this study assesses the impact of public debt on external reserve in Nigeria. The objectives of this study include the assessment of the trends and relationship between public debt and external reserve in Nigeria, using the Johansen cointegration and FMOLS technique on the secondary data from 1981 to 2013. The result revealed
APA, Harvard, Vancouver, ISO, and other styles
10

Folorunso, Benjamin Ayodele. "Relationship between Fiscal Deficit and Public Debt in Nigeria: an Error Correction Approach." Journal of Economics and Behavioral Studies 5, no. 6 (2013): 346–55. http://dx.doi.org/10.22610/jebs.v5i6.410.

Full text
Abstract:
The paper examined the nexus between fiscal deficit and public debt in Nigeria. Public debt was disaggregated into domestic and external debt with a view to analyzing the causal relationship and relative effect of both categories of debt on fiscal deficit. Time series data were collected from Statistical Bulletins published by the Central Bank of Nigeria from 1970 to 2011. Except for inflation rate that was I(0), the unit root test results revealed stationarity of fiscal balance, public debt and its components, income, exchange rate and rate of interest series at their first difference; they a
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "The debt/deficits effect on the interest rate"

1

Adji, Artidiatun. "Essays on Ricardian Equivalence." Digital Archive @ GSU, 2007. http://digitalarchive.gsu.edu/econ_diss/19.

Full text
Abstract:
The theme of this dissertation is Ricardian equivalence, and its objective is to examine the effects of government debt on private consumption expenditures (Essay One), on interest rates (Essay Two), on the current account balance (Essay Three), and on individual intertemporal decision-making (Essay Four). The effects of government debt are important if debt is neutral (e.g., if “Ricardian equivalence” holds), then a stabilization program that is based on demand management policy to curtail fiscal deficits will not be operative. On the other hand, if debt is not neutral (or if Ricardian equiva
APA, Harvard, Vancouver, ISO, and other styles
2

Petrovic, Katarina. "Government Debt : Why Has the Government Debt Increased? An Analysis of What Factors Influence the Long-Term Interest Rate?" Thesis, Karlstads universitet, Fakulteten för ekonomi, kommunikation och IT, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:kau:diva-29051.

Full text
Abstract:
This paper analyzes what factors influence the long-term interest rate, in order to give an understanding of why the government debt has increased in EU member states. It is a statistical study of panel data analyzed by the fixed effect model. The research of the 27 EU member states is based on secondary data from the European Commission; Eurostat and EconStats. The results by the fixed effect model show that government debt, budget deficit and presidential system are significant and have a positive relationship with the long- term interest rate. The growth rate is significant, having a negati
APA, Harvard, Vancouver, ISO, and other styles

Books on the topic "The debt/deficits effect on the interest rate"

1

Thomas, Laubach. New evidence on the interest rate effects of budget deficits and debt. Federal Reserve Board, 2003.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
2

Bebi, Hoster. The impact of fiscal deficits and public debt on real interest rate and investment in Namibia. Namibian Economic Policy Research Unit, 2001.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
3

Lønning, Ingunn M. Controlling inflation by use of the interest rate: The critical roles of fiscal policy and government debt. Norges Bank, Information Dept., 1997.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
4

Sargent, Thomas J. Interpreting the Reagan Deficits. Princeton University Press, 2017. http://dx.doi.org/10.23943/princeton/9780691158709.003.0006.

Full text
Abstract:
This chapter examines the large net-of-interest deficits in the U.S. federal budget that have marked the administration of Ronald Reagan. It explains the fiscal and monetary actions observed during the Reagan administration as reflecting the optimal decisions of government policymakers. The discussion is based on an equation whose validity is granted by all competing theories of macroeconomics: the intertemporal government budget constraint. The chapter first considers the government budget balance and the optimal tax smoothing model of Robert Barro before analyzing monetary and fiscal policy
APA, Harvard, Vancouver, ISO, and other styles
5

Mody, Ashoka. The ECB Hesitates, the Italian Fault Line Deepens, 2014–2017. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780199351381.003.0009.

Full text
Abstract:
This chapter assesses the effect of the legacies of the global financial crisis in Italy. By the early 1990s, Italian economic growth had slowed, the unemployment rate was racing up towards 10 percent, and the government was running large fiscal deficits of around 10 percent of GDP and racking up debt at an alarming pace. Generations of Italian leaders and policymakers believed that the single currency was Italy's magical path to economic prosperity. However, after the launch of the euro, Italy's fractious political system had remained unable to deal with the country's endemic problems. Since
APA, Harvard, Vancouver, ISO, and other styles

Book chapters on the topic "The debt/deficits effect on the interest rate"

1

von Weizsäcker, Carl Christian, and Hagen M. Krämer. "Concluding Remarks on Economic Policy." In Saving and Investment in the Twenty-First Century. Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-75031-2_13.

Full text
Abstract:
AbstractThe German debt brake is not compatible with the long-term stability of the euro. “New thinking” requires that public debt and price stability are no longer opponents, but rather allies in the Keynes world of persistently low interest rates. The proposed balanced account agreement is made more concrete here: An appropriate target (real) interest rate on the global capital market is between one and 1.5% per year lower than the growth rate of the OECD plus China region. If the actual interest rate is below the target rate, the countries with current account surpluses undertake to increase their public debt periodD gradually according to a definite formula. In symmetrical fashion, if the real interest rate is “too high,” countries with current account deficits have the duty to reduce their public debt period. The rules of the balanced account agreement replace the debt brake. They are the instruments of soundfiscal policy.
APA, Harvard, Vancouver, ISO, and other styles
2

Sandbu, Martin. "Before the Fall." In Europe's Orphan. Princeton University Press, 2017. http://dx.doi.org/10.23943/princeton/9780691175942.003.0002.

Full text
Abstract:
This chapter discusses the role of Europe's monetary union in creating a crisis that first erupted in US mortgages. Because of their monetary union, European economies racked up greater risks in the 2000s boom than they would have done had they kept their individual currencies. The factors invoked to blame the euro include the destabilising effect of a single interest rate for the entire eurozone; the misalignment of real exchange rates when nominal exchange rates could no longer adjust; the ability to run current account deficits that were too large and lasted too long; and, finally, the fact that debt was accumulated in a currency that could not be printed at will by national central banks. The chapter argues that all these factors have been commonly misunderstood.
APA, Harvard, Vancouver, ISO, and other styles
3

Cheng, Yiying. "Valuing and Analyzing Bonds with Embedded Options." In Debt Markets and Investments. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780190877439.003.0025.

Full text
Abstract:
This chapter introduces the analysis and valuation of bonds with embedded options. For callable bonds, it discusses their unique reinvestment risk and negative convexity. For both callable bonds and puttable bonds, the chapter introduces two additional measures to gauge their risk: yield-to-call and yield-to-put, respectively. The chapter reviews the application of the spot rate curve in bond valuation and introduces the Z-spread to measure bond-specific risk more accurately. To model interest rate risk, the chapter builds a binomial interest rate model and calibrates it with on-the-run Treasury issues. The option-adjusted-spread (OAS) is introduced to measure the bond-specific risk excluding the option effect. The difference between Z-spread and OAS represents the option effect. Common measures of convertible bond risk and value are discussed including the possibility of valuating a convertible bond using option-pricing models and its drawbacks.
APA, Harvard, Vancouver, ISO, and other styles
4

Rechtschaffen, Alan N. "United States Treasury Securities." In Capital Markets, Derivatives, and the Law. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780190879631.003.0009.

Full text
Abstract:
This chapter begins with a discussion of the purpose and goals of treasury securities. Treasury securities are a type of debt instrument providing limited credit risk. U.S. Treasury bills, notes, and bonds are issued by the Treasury Department and represent direct obligations of the U.S. government. Treasury securities are used to meet the needs of investors who wish to “loan” money to the federal government and in return receive a fixed or floating interest rate. The Treasury yield curve is a benchmark for fixed income securities across the spectrum of debt securities. The remainder of the chapter covers types of treasury securities, pricing, bond auctions and their effect on price, interest rates, and STRIPS (separate trading of registered interest and principal securities).
APA, Harvard, Vancouver, ISO, and other styles
5

Thomaidou, Alexia, and Dimitris Kenourgios. "On Financial Contagion Through ETFs." In Recent Advances and Applications in Alternative Investments. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-2436-7.ch004.

Full text
Abstract:
This chapter investigates the impact of the Global Financial Crisis and the European Sovereign Debt Crisis in ETFs across regions and segments. In particular, two tests are taking place, with the first one to examine if there is evidence of contagion effect and the second one to test the affection of risks in each pair of ETFs. The evidence across the stable period and the two crisis periods suggests the existence of the transmission of shocks from the Global Financial ETF to regional and sectoral ETFs. However, there is evidence that some of the ETFs remain less unaffected during both crises and some of them are immune. Moreover, the authors examine the impact of several control variables, which represent various risks, to the correlation of each pair of ETFs and the results show the influence of the interest rate risk and interbank liquidity risk during the Global Financial Crisis and the European Sovereign Debt Crisis.
APA, Harvard, Vancouver, ISO, and other styles
6

Amir Ahmad dar and N. Anuradha. "The Probability of Default and Its Design of Experiment." In Theoretical and Applied Mathematics in International Business. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-5225-8458-2.ch010.

Full text
Abstract:
The Merton Model is the critical model for financial economics to measure the default of a firm. It was the first structural model because it uses the market value of the firm for estimating the default of the firm. The firm will be in default only when the values of the firm goes down to a threshold value (the debt of the firm), and if it occurs, the owner will put the firm to the debt holders. The effects of parameters-asset value V, firms debt D, interest rate r, the volatility σ, and period T on the probability of default was investigated. To estimate the probability of default of a firm, the Black Scholes Model for European call options is used. The aim is to determine which parameter effects more or less on the probability of default. The experiment is based on the orthogonal array L27 in which the five factors (parameters) are varied at three levels. The Taguchi L27 orthogonal method, ANOM, and ANOVA are used to examine the effect of these parameters on the probability of default. It also provides the best combination where the probability of default is minimum.
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "The debt/deficits effect on the interest rate"

1

Yao, Tao. "The Effect of Chinese Interest Rate Liberalization on Corporate Debt Maturity Structure." In 2009 International Conference on Management and Service Science (MASS). IEEE, 2009. http://dx.doi.org/10.1109/icmss.2009.5303439.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Uygur, Ercan. "Current Account Fragilities in the Balkan Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01174.

Full text
Abstract:
The basic aim of this paper is to make an evaluation of the current account deficits in the Balkan countries. Particularly, sustainability of these deficits is explored for some countries on the basis of a criterion that makes use of variables including foreign debt ratio, growth rate, exchange rate, foreign interest rate and foreign trade balance ratio. Countries with significant current account deficit/GDP ratios include, in descending order, Albania, Bosnia Herzegovina, Turkey, Serbia and Macedonia. Sources of financing of the current account deficits, real exchange rates and inflation are
APA, Harvard, Vancouver, ISO, and other styles
3

Hiç, Özlen. "The Present Global Crisis and Its Effect on the Turkish Economy." In International Conference on Eurasian Economies. Eurasian Economists Association, 2010. http://dx.doi.org/10.36880/c01.00107.

Full text
Abstract:
The global economic crisis first started in the USA in September 2008 as a widespread insolvency problem caused by mortgage debts of households that had become unpayable. The financial crisis, in turn, caused a serious recession. The economic crisis soon spread to other developed countries because their banks held assets of US banks that had become nearly worthless while exports of these countries to the USA decreased significantly. Then it spread to developing countries because direct private investments (DPIs) and financial funds flowing from developed to developing countries declined precip
APA, Harvard, Vancouver, ISO, and other styles

Reports on the topic "The debt/deficits effect on the interest rate"

1

Mendoza, Waldo, Marco Vega, Carlos Rojas, and Yuliño Anastacio. Fiscal Rules and Public Investment: The Case of Peru, 2000-2019. Inter-American Development Bank, 2021. http://dx.doi.org/10.18235/0003018.

Full text
Abstract:
This article has three goals. First, it describes the genesis of fiscal rules in Peru and its degree of compliance. Second, it estimates the effect of fiscal rules adoption on public investment. Last, it analyzes the impact of alternative fiscal rules on public investment and public debt sustainability. Our main results are as follows. First, the implementation of fiscal rules in the year 2000 caused a 60 to 80 percent fall in public investment relative to several counterfactuals. Second, our DSGE model suggests a Structural Fiscal Rule would have increased the consumers welfare in the period
APA, Harvard, Vancouver, ISO, and other styles
2

Vargas-Herrera, Hernando, Juan Jose Ospina-Tejeiro, Carlos Alfonso Huertas-Campos, et al. Monetary Policy Report - April de 2021. Banco de la República de Colombia, 2021. http://dx.doi.org/10.32468/inf-pol-mont-eng.tr2-2021.

Full text
Abstract:
1.1 Macroeconomic summary Economic recovery has consistently outperformed the technical staff’s expectations following a steep decline in activity in the second quarter of 2020. At the same time, total and core inflation rates have fallen and remain at low levels, suggesting that a significant element of the reactivation of Colombia’s economy has been related to recovery in potential GDP. This would support the technical staff’s diagnosis of weak aggregate demand and ample excess capacity. The most recently available data on 2020 growth suggests a contraction in economic activity of 6.8%, lowe
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!