Interest Rates and the Net Deficit of All Government Levels Combined: An Empirical Note

This empirical note studies the impact of the net budget deficits of all levels of government in the U.S. combined on ten-year Treasury notes for the study period 1955-1984. It is found that this total net budget deficit acted to elevate the yield on ten-year Treasury notes.

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Year of publication:	1991-10-25
Authors:	Cebula, Richard ; Scott, Gerald

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Cebula, Richard and Scott, Gerald (1991): Interest Rates and the Net Deficit of All Government Levels Combined: An Empirical Note. Published in: Atlantic Economic Journal , Vol. 20, No. 1 (29 April 1992): p. 104.
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H62 - Deficit; Surplus
Source:	BASE

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