Open AccessThe Budget Deficit Debate: A Review And Further Analysis
Author(s) -
Demetrois S. Giannaros,
Bharat R. Kolluri
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v4i2.6437
Subject(s) - sample (material) , deficit spending , economics , variable (mathematics) , econometrics , econometric model , macroeconomics , mathematics , debt , mathematical analysis , chemistry , chromatography
This article presents a review of the results of some recent econometric studies, including our own, on the controversial issue regarding the budget deficit-interest rate relationship. The conclusions reached by the authors of these studies are mixed and sometimes contradictory. Differences in data bases, model specification, sample used, and variable definitions are some possible reasons for these varying conclusions.