Government bonds and their investors: What are the facts and do they matter?

Andritzky, Jochen.

Public debt held by non-residents has been on the rise over the last few decades – that is until the global crisis. This column looks at how the ownership of government bonds in the G20 and the Eurozone. It finds that increased foreign bondholders bring costs as well as benefits.

Πηγή: Voxeu

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