Explaining the Interest-Rate-Growth Differential Underlying Government Debt Dynamics
The differential between the interest rate paid to service government debt and the growth rate of the economy is a key concept in assessing fiscal sustainability. Among OECD economies, this differential was unusually low for much of the last decade compared with the 1980s and the first half of the 1...
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Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
2011.
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Series: | OECD Economics Department Working Papers,
no.919. |
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See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706261206719 |