Crowding Out, Deficits, and Interest Rates: Reply

Richard Cebula ()

MPRA Paper from University Library of Munich, Germany

Abstract: This Note endeavors to illustrate the relevance of the impact of the budget deficit upon the interest rate to the issue of crowding out. It is argued that empirical studies of the impact of deficits upon interest rates may be very useful in det­ermining whether (and how) crowding out occurs, but that additional empirical analysis involving the interest sensitivity of commodity market demand is needed to then determine the degree of crowding out.

Keywords: budget deficits; crowding out; interest rates (search for similar items in EconPapers)
JEL-codes: G12 H62 H69 (search for similar items in EconPapers)
Date: 1987-05-08
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Public Choice 1.58(1988): pp. 95-97

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/51628/1/MPRA_paper_51628.pdf original version (application/pdf)

Related works:
Journal Article: Crowding out, deficits, and interest rates: Reply (1988)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:51628

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().