Ferreira de Mendonça, Helder; Pereira Duarte Nunes, Marcio - In: Journal of Economic Studies 38 (2011) 2, pp. 203-217
Purpose – This analysis seeks to deal with the emerging economies and to reveal that, if the fiscal authority is accountable with a policy that stabilizes the public debt/GDP ratio, the consequence is a low Treasury bond risk premium. Design/methodology/approach – Based on the purpose of...