美洲的高公共债务:对风险溢价和通胀预期的非线性影响(英)
聚焦美洲的高公共债务:对风险溢价和通胀预期的非线性影响(英)。Public debt has reached multi-decade highs in the Americas. Additionally, public interest costs have generally increased over the past decade.Fiscal stress heightens the impact of a fiscal expansion on risk premia1 Graph 3 Impact of a 1% of GDP fiscal deficit increase on risk premia (in standard deviations)。