Is there any systematic explanation of variations in the cost of debt servicing over time and across countries? This paper examines the influence of fiscal variables on borrowing costs in a panel of OECD countries, showing that these variables have a significant role. In particular, an...

Frontmatter -- Contents -- Preface -- 1. Introduction and Preliminaries -- Part I. Technology Differences Across Space -- Part II. Interpreting Technology Differences -- Part III. Technology Differences over Time -- Appendix A. Proofs and Calculations -- Appendix B. A New Data Set on Mincerian...