Crowding Out, Deficits, and Interest Rates: Reply
This Note endeavors to illustrate the relevance of the impact of the budget deficit upon the interest rate to the issue of crowding out. It is argued that empirical studies of the impact of deficits upon interest rates may be very useful in determining whether (and how) crowding out occurs, but that additional empirical analysis involving the interest sensitivity of commodity market demand is needed to then determine the degree of crowding out.
|Date of creation:||08 May 1987|
|Publication status:||Published in Public Choice 1.58(1988): pp. 95-97|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard Cebula, 1987.
"Federal deficits and the real rate of interest in the United States: A note,"
Springer, vol. 53(1), pages 97-100, January.
- Cebula, Richard, 1986. "Federal Deficits and the Real Rate of Interest in the United States: A Note," MPRA Paper 51626, University Library of Munich, Germany.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:51628. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.