01736cas a2200253 a 4500 AALejournalIMF002292 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842227 1018-5941 BD-DhAAL BD-DhAAL Lutz, Mark. Interest Rates and Government Debt : Are the Linkages Global Rather Than National? / Mark Lutz, Vito Tanzi. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (46 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Given the increasing integration of financial markets, a better understanding of the effects of fiscal deficits and debt on real interest rates might be obtained by taking a global, rather than a national, perspective. The paper constructs aggregate flow and stock data (including GDP, fiscal deficits, government debt, and saving rates) and examines the empirical evidence of the global effect of fiscal policies on interest rates. The sensitivity of the results to the choice of deficit (central or general government), public debt (gross or net), and saving (gross or net), as well as the level and method of aggregation, is also examined. Mode of access: Internet Tanzi, Vito. IMF Working Papers; Working Paper ; No. 1991/006 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/006/001.1991.issue-006-en.xml IMF e-Library