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The effect of federal deficits and debt on the tax-adjusted, short-term, real interest rate

✍ Scribed by Stuart D. Allen


Book ID
116101060
Publisher
Elsevier Science
Year
1990
Tongue
English
Weight
352 KB
Volume
34
Category
Article
ISSN
0165-1765

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## Abstract This paper models bond term premia empirically in terms of the maturity composition of the federal debt and other observable economic variables in a time‐varying framework with potential regime shifts. We present regression and out‐of sample forecasting results demonstrating that inform