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The Government Debt and the Long-Term Interest Rate: Application of the Loanable Funds Model to Greece

✍ Scribed by Yu Hsing

Book ID
125718243
Publisher
Center for Economic Integration
Year
2010
Tongue
English
Weight
725 KB
Volume
25
Category
Article
ISSN
1225-651X

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## Abstract In this paper we examine the causal linkages between the G‐7 long‐term interest rates by using a new technique, which enables the researcher to analyse relations between a set of __I__(1) series without imposing any identification conditions based on economic theory. Specifically, we ap