Revisiting the Interest Rate Effects of Federal Debt

marginalrevolution.com/marginalrevolution/2025/07/revisiting-the-interest-rate-effects-of-federal-debt.html

This paper revisits the relationship between federal debt and interest rates, which is a key input for assessments of fiscal sustainability. Estimating this relationship is challenging due to confounding effects from business cycle dynamics and changes in monetary policy. A common…

This story appeared on marginalrevolution.com, 2025-07-14 15:26:52.
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