The Impact of Government Debt Issuance on Short-Term interest rates in Indonesia
This paper analyzes whether the expansionary fiscal policy funded by issuing debt instruments in financial markets will increase short-term interest rates. If the expansionary fiscal policy increases interest rates, which decrease private spending especially investment, crowding out occurs. This is...
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| Format: | Article |
| Language: | English |
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Universitas Gadjah Mada
2009-08-01
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| Series: | Gadjah Mada International Journal of Business |
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| Online Access: | https://jurnal.ugm.ac.id/gamaijb/article/view/5521 |