OPTIMAL MATURITY OF NOMINAL GOVERNMENT DEBT - THE 1ST TESTS

被引:4
作者
CALVO, GA [1 ]
GUIDOTTI, PE [1 ]
LEIDERMAN, L [1 ]
机构
[1] TEL AVIV UNIV, IL-69978 TEL AVIV, ISRAEL
关键词
D O I
10.1016/0165-1765(91)90012-A
中图分类号
F [经济];
学科分类号
02 ;
摘要
We report a first set of empirical results obtained from estimating, on U.S. data, a model of the optimal maturity structure of nominal government debt in a context where there is no full policy precommitment and markets are incomplete. © 1991.
引用
收藏
页码:415 / 421
页数:7
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