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Budget Deficits, National Saving, and Interest Rates

Author

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  • William G. Gale

    (Brookings Institution)

  • Peter R. Orszag

    (Brookings Institution)

Abstract

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Suggested Citation

  • William G. Gale & Peter R. Orszag, 2004. "Budget Deficits, National Saving, and Interest Rates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(2), pages 101-210.
    • Handle: RePEc:bin:bpeajo:v:35:y:2004:i:2004-2:p:101-210
    as

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    File URL: https://www.brookings.edu/wp-content/uploads/2004/06/2004b_bpea_gale.pdf
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    References listed on IDEAS

    as
    1. Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, December.
    2. Blanchard, Olivier J, 1985. "Debt, Deficits, and Finite Horizons," Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 223-247, April.
    3. Ardagna Silvia & Caselli Francesco & Lane Timothy, 2007. "Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries," The B.E. Journal of Macroeconomics, De Gruyter, vol. 7(1), pages 1-35, August.
    4. John Y. Campbell & N. Gregory Mankiw, 1989. "Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence," NBER Chapters, in: NBER Macroeconomics Annual 1989, Volume 4, pages 185-246, National Bureau of Economic Research, Inc.
    5. Carroll, Chris & Summers, Lawrence H., 1987. "Why have private savings rates in the United States and Canada diverged?," Journal of Monetary Economics, Elsevier, vol. 20(2), pages 249-279, September.
    6. Bovenberg, A.L., 1988. "Long-term interest rates in the United States : An empirical analysis," Other publications TiSEM eb2d645e-6795-456d-b090-4, Tilburg University, School of Economics and Management.
    7. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
    8. A. Lans Bovenberg, 1988. "Long-Term Interest Rates in the United States: An Empirical Analysis," IMF Staff Papers, Palgrave Macmillan, vol. 35(2), pages 382-390, June.
    9. Laurence Ball & N. Gregory Mankiw, 1995. "What do budget deficits do?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 95-119.
    10. Bradley, Michael D., 1986. "Government spending or deficit financing: which causes crowding out?," Journal of Economics and Business, Elsevier, vol. 38(3), pages 203-214, August.
    11. Anne-Marie Brook, 2003. "Recent and Prospective Trends in Real Long-Term Interest Rates: Fiscal Policy and other Drivers," OECD Economics Department Working Papers 367, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

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