Managing a Century of Debt

Forskningsoutput: Working paper

Abstract

This paper provides a consistent series for the Irish national debt since the foundation of the state in 1922. It also provides a continuous series for bond yields over the same period. The paper examines the factors behind the fluctuations in the debt burden over almost a century. The management of the debt burden by the Irish authorities has evolved over time, seeking to minimise both the burden on the economy and the risks which the debt represented to the state. The paper also examines how the cost of borrowing for the Irish government compared to that for the UK and, since the break with sterling, for Germany. This cost of borrowing was, in turn affected by developments in the domestic economy.

Detaljer

Författare
Enheter & grupper
Externa organisationer
  • Trinity College Dublin
Forskningsområden

Ämnesklassifikation (UKÄ) – OBLIGATORISK

  • Ekonomisk historia

Nyckelord

Originalspråkengelska
UtgivningsortLund
FörlagDepartment of Economic History, Lund University
Antal sidor39
StatusPublished - 2018
PublikationskategoriForskning

Publikationsserier

NamnLund Papers in Economic History. General Issues
FörlagDepartment of Economic History, Lund University
Nr.2018:171

Nedladdningar

Ingen tillgänglig data