| Document Type
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BL
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| Record Number
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1000501
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| Doc. No
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b754871
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| Main Entry
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Gupta, Kanhaya L., (Kanhaya Lal),1935-
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| Title & Author
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Interest rates and budget deficits : : a study of the advanced economies /\ Kanhaya L. Gupta and Bakhtiar Moazzami.
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| Publication Statement
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London ;New York :: Routledge,, 1996.
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| Series Statement
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Routledge studies in the modern world economy,; 1
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| Page. NO
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1 online resource (xvii, 262 pages) :: illustrations
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| ISBN
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020398434X
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: 0415101352
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: 1134853858
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: 1134853890
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: 1134853904
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: 1280226498
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: 6610226490
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: 9780203984345
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: 9780415101356
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: 9781134853854
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: 9781134853892
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: 9781134853908
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: 9781280226496
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: 9786610226498
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0415101352
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| Bibliographies/Indexes
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Includes bibliographical references (pages 250-256) and index.
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| Contents
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1. Introduction -- 2. Problems of measuring ex-ante real interest rates -- 3. Estimates and behaviour of ex-ante real interest rates -- 4. Interest rates, inflation and taxes -- 5. On the exogeneity of the real interest rate -- 6. Budget deficits and interest rates : theory -- 7. Budget deficits and interest rates : the evidence -- 8. Some lessons.
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| Abstract
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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. Yet, there is no conclusive evidence to support such a belief. This book systematically examines this and other questions relating to the behaviour 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.
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| Subject
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Budget deficits, Case studies.
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Interest rates-- Effect of inflation on, Case studies.
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| Subject
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Budget deficits.
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| Subject
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BUSINESS ECONOMICS-- Interest.
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| Subject
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Interest rates-- Effect of inflation on.
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| Dewey Classification
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332.8/2/091722
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| LC Classification
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HJ2043.G86 1996eb
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| Added Entry
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Moazzami, Bakhtiar,1954-
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