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Original Articles

The dynamics of bond versus treasury bill deficit financing

Pages 219-223 | Published online: 07 Oct 2010

References

  • Barro , R. J. 1974 . Are government bonds net wealth? . Journal of Political Economy , 82 : 1095 – 1117 .
  • Blinder , A. S. and Solow , R. M. 1973 . Does fiscal policy matter? . Journal of Public Economics , 2 : 319 – 337 .
  • Pyle , D. H. and Turnovsky , S. J. 1996 . The dynamics of government policy in an inflationary economy: an intermediate run analysis . Journal of Money, Credit and Banking , 8 : 411 – 437 .
  • Shah , A. 1984 . Crowding out, capital accumulation, the stock market, and money-financed fiscal policy . Journal of Money, Credit and Banking , 16 : 461 – 473 .
  • Smyth , D. J. 1980 . Treasury bill financing in a dynamic macroeconomic model with a government budget constraint . Economic Letters , 5 : 225 – 229 .

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