- ALESINA A.., M. DE BROECK, A PRATI and G. TABELLINI, 1992: Default risk on government debt in OECD countries, Economic Policy, n° 15, pp. 427-463.
Paper not yet in RePEc: Add citation now
ARDAGNA S., F. CASELLI and T. LANE, 2004: Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries, NBER Working Paper Series, n° 10788.
ARTUS P., R. BELLANDO, P. DUCOS and J.-P. POLLIN, 1990: Formation des taux dintérêt à long terme, Revue dEconomie financière, n° 12-13, pp. 46-69, spring - summer.
BARRO R. J. and X. SALA I MARTIN, 1990: World real interest rates, NBER Working Paper Series, n° 3317.
- BARTH J. R., G. IDEN, F. S. RUSSEK and M. WOHAR, 1991: The effects of federal budget deficits on interest rates and the composition of domestic output, in The Great Fiscal Experiment, ed. by R. G. Penner, pp. 69141. Washington D.C.: Urban Institute Press.
Paper not yet in RePEc: Add citation now
BLANCHARD O. J., 1984: Current and anticipated deficits, interest rates and economic activity, European Economic Review, vol. 25, pp. 7-27.
BREEDON F., B. HENRY and G. WILLIAMS, 1999: Long-term real interest rates: Evidence on the global capital market, Oxford Review of Economic Policy, vol. 15(2), pp. 128-142.
- BRENDER A. and F. PISANI, 1997: Les taux dintérêt : Approche empirique, Economica, Collection Economie poche, Paris.
Paper not yet in RePEc: Add citation now
BROOK A.-M., 2003: Recent and prospective trends in real long-term interest rates: Fiscal policy and other drivers, OECD Economics Department Working Papers, n° 367, September.
Bruno Ducoudré 42 CARLSON M. and R. W. SPENCER, 1975: Crowding out and its critics, Federal Reserve Bank of ST. Louis Review, pp. 2-17, December.
Bruno Ducoudré 44 MEHRA Y. P., 1992: Deficits and long-term interest rates: An empirical note, Federal Reserve Bank of Richmond Working Paper, n° 92-2, July.
BUITER W. H., 1977: Crowding out and the effectiveness of fiscal policy, Journal of Public Economics, vol. 7, n° 3, pp. 309-328.
CANZONERI M. B., R. E. CUMBY and B. T. DIBA, 2002: Should the European Central Bank and the Federal Reserve be concerned about fiscal policy?, Paper prepared for the Federal Reserve Bank of Kansas Citys symposium on Rethinking Stabilization Policy, Jackson Hole, 29-31 August.
CAPOEN F., H. STERDYNIAK and P. VILLA, 1994: Indépendance des Banques centrales, politiques monétaire et budgétaire: une approche stratégique », Revue de lOFCE, n° 50, pp. 65-102.
CAPORALE G. M. and G. WILLIAMS, 2002: Long-term nominal interest rates and domestic fundamentals, Review of Financial Economics, vol. 11, pp. 119-130.
CEBULA R. J., 2000: Impact of budget deficits on ex post real long term interest rates, Applied Economics Letters, n° 7, pp. 177-179.
CLARIDA R., J. GALI and M. GERTLER, 1997: Monetary policy rules in practice: some international evidence, NBER Working Paper Series, n° 6254.
CODOGNO L., C. FAVERO and A. MISSALE, 2003: Yield spreads on EMU government bonds, Economic Policy, vol. 18(37), pp. 503-532.
- COHEN D. and O. GARNIER, 1991: The impact of forecasts of budget deficits on interest rates in the United States and other G-7 countries, mimeo, Board of Governors of the Federal Reserve System.
Paper not yet in RePEc: Add citation now
- COMMISSION EUROPÉENNE, 2004: Public finances in EMU-2004, European Economy, n° 3.
Paper not yet in RePEc: Add citation now
CORREIA-NUNES J. and L. STEMITSIOTIS, 1995: Budget deficit and interest rates: Is there a link? International evidence, Oxford Bulletin of Economics and Statistics, vol. 57, n° 4, pp. 425-449.
CREEL J. and H. STERDYNIAK, 1995: Les déficits publics en Europe: causes, conséquences ou remèdes à la crise ? », Revue de lOFCE, n° 54, pp. 57-100.
CREEL J. and H. STERDYNIAK, 1999: La politique monétaire sans monnaie », Revue de lOFCE, n° 70, pp. 111-153.
CREEL J. and H. STERDYNIAK, 2002: The fiscal theory of the price level and sluggish inflation: how important shall the wealth effect be?, Document de travail OFCE, n°2002-01, January.
CREEL J., 2002: The stability pact and feedback policy effects, Journal of Economic Integration, 17 (3), pp. 570-95, September.
CREEL J., B. DUCOUDRÉ, C. MATHIEU and H. STERDYNIAK, 2005: Doit-on oublier la politique budgétaire? », Revue de lOFCE, n° 92, pp. 43-97.
CREEL J., T. LATREILLE and J. LE CACHEUX, 2002: Le Pacte de stabilité et les politiques budgétaires dans lUnion européenne », Revue de lOFCE, Hors série La mondialisation et lEurope », pp. 245-297.
CUMBY R. E., J. HUIZINGA and M. OBSTFELD, 1983: Two-step two-stage least squares estimation in models with rational expectations, Journal of Econometrics, n°21 (3), pp. 333-355.
ELMENDORF D. W. and N. G. MANKIW, 1999: Government Debt, in Handbook of Macroeconomics, ed. by J. B. Taylor and M. Woodford, vol. 1c, chapter 25. Amsterdam: Elsevier Science.
EVANS P., 1985: Do large deficits produce high interest rates?, The American Economic Review, vol. 75, n° 1, March, pp. 68-87.
EVANS P., 1987a: Do budget deficits raise nominal interest rates? Evidence from six countries, Journal of Monetary Economics, vol. 20, n° 2, pp. 281-300.
EVANS P., 1987b: Interest rates and expected future budget deficits in the United States, The Journal of Political Economy, vol. 95, n° 1, February, pp. 34-58.
FELDSTEIN M., 1982: Government deficits and aggregate demand, Journal of Monetary Economics, vol. 9, n° 1, January, pp. 1-20.
Fiscal policy and interest rates 43 ENGEN M. and R. G. HUBBARD, 2004: Federal government debt and interest rates, NBER Working Paper Series, n° 10681.
FORD R. and D. LAXTON, 1999: World public debt and real interest rates, Oxford Review of Economic Policy, vol. 15 (2), pp. 77-93.
FRANKEL A. F., 1985: Portfolio crowding-out, empirically estimated, The Quarterly Journal of Economics, vol. 100, n° 5, pp. 1041-1065.
GALE W. G. and P. R. ORSZAG, 2004: Budget deficits, national saving, and interest rates, Brookings Papers on Economic Activity, vol. 2, pp. 101-187.
- HELBLING, T. and R. WESCOTT, 1995: The global real interest rate, Staff Studies for the World Economic Outlook, FMI, Washington DC.
Paper not yet in RePEc: Add citation now
HOELSCHER G., 1986: New evidence on deficits and interest rates, Journal of Money, Credit and Banking, vol. 18, n° 1, February, pp. 1-17.
HOWE H. and C. PIGOTT, 1991: Determinants of long-term interest rates: an empirical study of several industrial countries, Federal Reserve Bank of New York Quarterly Review, vol. 16, n° 4, pp. 12-28.
LAUBACH T., 2003: New evidence on the interest rate effects of budget deficits and debt, Finance and Economics Discussion Series 2003-12, Washington: Board of Governors of the Federal Reserve System.
- LAUBACH T., 2004: The effects of budget deficits on interest rates: A review of empirical results, Paper prepared for the 6th Banca dItalia Workshop on Public Finance, Perugia, 1-3 April.
Paper not yet in RePEc: Add citation now
LUTZ F. A., 1940: The structure of interest rates, The Quarterly Journal of Economics, Vol. 55, n°1, pp. 36-63.
MEHRA Y. P., 1996: Monetary policy and long term interest rates, Federal Reserve Bank of Richmond Economic Quarterly, vol. 82, n° 3, summer.
MILLER S. M. and F. S. RUSSEK, 1996: Do federal deficits affect interest rates? Evidence from three econometric methods, Journal of Macroeconomics, vol. 18, n° 3, pp. 403428, summer.
- MODIGLIANI F. and R. SUTCH, 1966: Innovations in interest rate policy, The American Economic Review, vol. 56, Papers and Proceedings, pp. 178-197.
Paper not yet in RePEc: Add citation now
- OR A., M. EDEY and M. KENNEDY, 1995: Taux dintérêt réels à long terme: indications fournies par les séries chronologiques groupées », Revue Economique de lOCDE, n° 25, pp. 83-117.
Paper not yet in RePEc: Add citation now
PASSET O., C. RIFFLART and H. STERDYNIAK, 1997: Ralentissement de la croissance potentielle et hausse du chômage », Revue de lOFCE, n° 60, pp. 109-146.
- PHELPS E.S., 1967: Phillips curves, expectations of inflation and optimal unemployment over time, Economica, Vol. 34, pp. 254-281.
Paper not yet in RePEc: Add citation now
PHELPS E.S., 1968: Money-wage dynamics and labour-market equilibrium, Journal of Political Economy, Vol. 76 (4), pp. 678-711.
QUIGLEY M. R. and S. PORTER-HUDAK, 1994: A new approach in analyzing the effects of deficit announcements on interest rates, Journal of Money, Credit and Banking, vol. 26, no.4, pp. 894-902, November.
SARGENT T., 1969: Commodity price expectations and the interest rate, The Quarterly Journal of Economics, Vol. 83, n° 1, pp. 127-140.
- STERDYNIAK H. and P. VILLA, 1977: Du côté de loffre de monnaie », Annales de lINSEE, n° 25, janvier-mars.
Paper not yet in RePEc: Add citation now
TAYLOR J. B., 1993: Discretion versus policy rules in practice, Carnegie-Rochester Conference Series on Public Policy, n° 39, pp. 194-214, December.
TURNOVSKY, S.J. and M. H. MILLER, 1984: The effects of government expenditure on the term structure of interest rates, Journal of Money, Credit, and Banking, Vol. 16 (1), pp. 16-33.
TURNOVSKY, S.J., 1989: The term structure of interest rates and the effects of macroeconomic policy, Journal of Money, Credit and Banking, vol. 21(3), pp. 321-47.