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Paolo Manasse
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The Curse of Low Interest Rates

The Curse of Low Interest Rates

| 13 Agosto 201422 Aprile 2016

Low nominal interest on government bonds  are good news, in that they slow down the dynamics of public debt and encorage spending. Thus the recent auction of one-year government bonds (BOT) where the Italian Treasury was able to sell 7 billion worth of paper at a yield of  0.279%, down from the previous record low […]

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Senza categoriaBOT action gross financing need italy public debt
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Paolo Manasse

Professor of Economics
Economics Department, University of Bologna

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