Interest rates and budget deficits : a study of the advanced economies / Kanhaya L. Gupta and Bakhtiar Moazzami.

Format:

Book

Author/Creator:

Gupta, Kanhaya L. (Kanhaya Lal), 1935-

Contributor:

Moazzami, Bakhtiar, 1954-

Series:

Routledge studies in the modern world economy ; 1.

Routledge studies in the modern world economy

Language:

English

Subjects (All):

Budget deficits--Case studies.

Budget deficits.

Interest rates--Effect of inflation on--Case studies.

Interest rates.

Interest rates--Effect of inflation on.

Physical Description:

xvii, 262 pages : illustrations ; 23 cm.

Place of Publication:

London ; New York : Routledge, 1996.

Summary:

Despite no conclusive evidence, there is widespread belief that the high interest rates of the 1980s and 1990s in the developed world have been caused by high budget deficits. "Interest Rates and Budget Deficit" systematically examines this and other questions relating to the behavior of real interest rates in eleven developed countries. The results show that generalizations across the countries can be hazardous and strongly suggests that factors specific to individual countries are still of vital importance.

Notes:

Includes bibliographical references (pages 250-256) and index.

ISBN:

0415101352

OCLC:

32625089