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Sovereign bond spreads and credit sensitivity

Schefer, Ricardo - 2020

Expectations of risky bond payments are unobservable and recovery rates for sovereigns are hard to estimate because …

Persistent link: https://www.econbiz.de/10012307696

Corporate yields and sovereign yields

Hale, Galina; Bevilaqua, Julia; Tallman, Eric - 2020

Persistent link: https://www.econbiz.de/10012202064

Causes of the curve: Assessing risk in public and private financial economics

Barry, Todd J. - In: Theoretical and applied economics : GAER review 27 (2020) 2/623, pp. 109-130

Persistent link: https://www.econbiz.de/10012643145

The supply elasticity of municipal debt : evidence from bank-qualified bonds

St. Clair, Travis - In: National tax journal 77 (2024) 1, pp. 111-139

Persistent link: https://www.econbiz.de/10014504646

A Noteon Public Debt, Tax-Exempt Bonds, and Ponzi Games

Wigger, Berthold U. - 2007

By issuing tax-exempt bonds, the government can incur debt and never pay back any principal or interest, even if the economy without public debt evolves on a dynamically efficient growth path. The welfare effects of such a Ponzi type borrowing scheme are mixed. The current young will...