Includes bibliographical references (pages 15-17).
Note
Description based on online resource, PDF version; title from cover (Archive-It, viewed November 8, 2021).
Contents
Introduction -- Debt and interest rates in a neoclassical model of production -- Reduced-form estimates -- Interest rate effects in a DSGE model -- Interest rate effects when debt is high and rising -- Conclusion -- References -- Appendix A : Details of the projection function calculation -- Appendix B : CBO's DSGE model -- Figure 1. Expected 10-year rates, debt, and deficits.
