Working paper
Government borrowing cost and balance sheets: do assets matter?
- Abstract:
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Government net worth – total assets less liabilities – has declined considerably relative to national income in a number of OECD countries in recent decades, including the United States, the United Kingdom, Japan and Germany. Notably, however, in thinking about the links between fiscal policy and bond markets, the focus of policy and academic debates has tended to be on the liabilities side of the government balance sheet. Typically, not much attention has been paid to the exten...
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- Publication status:
- Published
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Authors
Bibliographic Details
- Publisher:
- University of Oxford Publisher's website
- Series:
- Department of Economics Discussion Paper Series
- Publication date:
- 2018-10-18
- Paper number:
- 860
Item Description
- Keywords:
- Pubs id:
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1140856
- Local pid:
- pubs:1140856
- Deposit date:
- 2020-12-14
Terms of use
- Copyright date:
- 2018
- Rights statement:
- Copyright 2018 The Author(s)
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