On the relationship between the debt ratio and debt maturity

被引:7
|
作者
deHaan, J
Sikken, BJ
Hilder, A
机构
[1] Department of Economics, University of Groningen, PO Box 800
来源
APPLIED ECONOMICS LETTERS | 1995年 / 2卷 / 12期
关键词
D O I
10.1080/135048595356934
中图分类号
F [经济];
学科分类号
02 ;
摘要
The relationship between government debt and the maturity of government debt is analysed for eight OECD countries. It is found that the negative relationship between debt and effective maturity as reported by Missale and Blanchard (1994) for Ireland and Italy can also be found for some other countries with lower debt ratios. Furthermore, this negative relationship occurs only in periods when debt ratios rise. For Canada and the US, on the other hand, a positive relationship is found between debt and debt maturity.
引用
收藏
页码:484 / 486
页数:3
相关论文
共 50 条
  • [41] Refactoring Debt: Myth or Reality? An Exploratory Study on the Relationship Between Technical Debt and Refactoring
    Peruma, Anthony
    AlOmar, Eman Abdullah
    Newman, Christian D.
    Mkaouer, Mohamed Wiem
    Ouni, Ali
    2022 MINING SOFTWARE REPOSITORIES CONFERENCE (MSR 2022), 2022, : 127 - 131
  • [42] The Relationship between Saving and Debt in Polish Households
    Korzeniowska, Anna Magdalena
    Misterek, Wojciech
    EUROPEAN FINANCIAL SYSTEMS 2018: PROCEEDINGS OF THE 15TH INTERNATIONAL SCIENTIFIC CONFERENCE, 2018, : 292 - 298
  • [43] The Relationship Between Fiscal Consolidation and Sovereign Debt
    Marton, Adam
    PUBLIC FINANCE QUARTERLY-HUNGARY, 2018, 63 (01): : 24 - 38
  • [44] On the relationship between fertility and public national debt
    Fanti, Luciano
    Spataro, Luca
    ECONOMIC MODELLING, 2013, 33 : 843 - 849
  • [45] The impacts of Net Stable Funding Ratio requirement on Banks' choices of debt maturity
    Wei, Xu
    Gong, Yaxian
    Wu, Ho-Mou
    JOURNAL OF BANKING & FINANCE, 2017, 82 : 229 - 243
  • [46] Priority and maturity effects in debt financing: An investigation of the impact of junior debt issuance on senior debt value.
    Linn, SC
    Stock, DR
    JOURNAL OF FINANCE, 1996, 51 (03): : 1058 - 1058
  • [47] Brand capital on debt maturity structure
    Li, Tongxia
    Lu, Chun
    Routledge, James
    JOURNAL OF CONTEMPORARY ACCOUNTING & ECONOMICS, 2023, 19 (03)
  • [48] Idiosyncratic risk and debt maturity dispersion
    Chu, Pyung Kun
    Kjenstad, Einar C.
    EUROPEAN FINANCIAL MANAGEMENT, 2023, 29 (03) : 930 - 952
  • [49] The determinants of the maturity of corporate debt issues
    Guedes, J
    Opler, T
    JOURNAL OF FINANCE, 1996, 51 (05): : 1809 - 1833
  • [50] Leverage, debt maturity, and social capital
    Huang, Kershen
    Shang, Chenguang
    JOURNAL OF CORPORATE FINANCE, 2019, 54 : 26 - 46