Interest Rates and Budget Deficits : A Study of the Advanced Economies
Book Details
Format
Hardback or Cased Book
Book Series
Routledge Studies in the Modern World Economy
ISBN-10
0415101352
ISBN-13
9780415101356
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 4th, 1996
Print length
288 Pages
Weight
454 grams
Product Classification:
Monetary economicsBusiness & management
Ksh 30,600.00
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Examining the behaviour of real interest rates in eleven developed countries, this work sets out to show that generalizations can be hazardous and factors specific to individual countries are still of vital importance.
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.
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