Managing a Century of Debt
(2019) In JSSISI: Journal of The Statistical and Social Inquiry Society of Ireland 48(1). p.1-40- Abstract
- This paper provides a consistent series for the Irish national debt since the foundation of the state. 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
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/c871e312-64d7-4008-a865-0b458555e842
- author
- FitzGerald, John and Kenny, Sean LU
- organization
- publishing date
- 2019-12-03
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- debt, bond yields, Ireland, debt sustainability, debt management
- in
- JSSISI: Journal of The Statistical and Social Inquiry Society of Ireland
- volume
- 48
- issue
- 1
- article number
- 1
- pages
- 40 pages
- publisher
- Statistical and Social Inquiry Society of Ireland
- external identifiers
-
- scopus:85089401365
- ISSN
- 0081-4776
- language
- English
- LU publication?
- yes
- id
- c871e312-64d7-4008-a865-0b458555e842
- alternative location
- http://www.tara.tcd.ie/handle/2262/91634
- date added to LUP
- 2020-06-12 09:43:42
- date last changed
- 2022-11-16 11:24:06
@article{c871e312-64d7-4008-a865-0b458555e842,
abstract = {{This paper provides a consistent series for the Irish national debt since the foundation of the state. 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}},
author = {{FitzGerald, John and Kenny, Sean}},
issn = {{0081-4776}},
keywords = {{debt; bond yields; Ireland; debt sustainability; debt management}},
language = {{eng}},
month = {{12}},
number = {{1}},
pages = {{1--40}},
publisher = {{Statistical and Social Inquiry Society of Ireland}},
series = {{JSSISI: Journal of The Statistical and Social Inquiry Society of Ireland}},
title = {{Managing a Century of Debt}},
url = {{http://www.tara.tcd.ie/handle/2262/91634}},
volume = {{48}},
year = {{2019}},
}