This research aims to analyze the causal relationships in the yield of public debt issued by Asia-Pacific countries. We make use of a database of daily frequency of yields on 10-year government bonds issued by five Asia Pacific countries (India, Singapore, Korea, Hong Kong, and Australia), The...

This research aims to analyze the causal relationships in the yield of public debt issued by Asia Pacific countries. We make use of a database of daily frequency of yields on 10-year government bonds issued by five Asia Pacific countries (India, Singapore, Korea, Hong kong, and Australia), The...

External debt and internal debt form main components of the public debt structure in India. India’s debt profile shows increasing external debt and simultaneously increasing the deficit in current account which have impact on economic growth of India. Our study assesses the impact of India’s...