Do you think GDP-linked bonds would be more useful in a relatively stable economy or in an
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Do you think GDP-linked bonds would be more useful in a relatively stable economy or in an economy that is frequently buffeted in the short run by demand and supply shocks, assuming these economies have similar sovereign debt burdens?
Explain your choice.
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Money Banking And Financial Markets
ISBN: 9781260226782
6th Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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