FINANCING THE GOVERNMENT DEFICIT
研究了美国统一预算赤字与各种可用融资来源之间的关系，识别了除私人国内资本市场外的融资渠道，并衡量了国内外货币当局对过去十五年持续赤字的融资反应。
ABSTRACT This study examines the relationship between the U.S. government deficit on a unified budget basis and the various available sources of financing. It identifies those sources of financing other than private domestic capital markets that are available, and develops measures of the financing responses of both domestic and foreign monetary authorities to the continuing U.S. budget deficits of the past fifteen years.