Bank, Matthias; Kupfer, Alexander; Sendlhofer, Rupert - In: Credit and Capital Markets – Kredit und Kapital 47 (2014) 1, pp. 79-101
Steadily growing debt ratios indicate that current sovereign debt policy lacks important incentives for governments and …-sensitive government bonds (PSGB) where coupon payments are closely linked to debt policy, giving strong incentives to limit debt levels …