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- W2007691874 abstract "The market value and maturity structure of outstanding Government of Canada debt are calculated at monthly frequency for the 1967 to 1983 period. The data are disaggregated into general public, chartered bank, and government holdings. The time-series behaviour of market-value and par-value measures are examined to determine whether par value is a reasonable approximation for market value. Market-value data are also used to construct an alternative measure of the deficit flow which is compared with conventional measures of the deficit. La valeur au marche et la structure d'echeances de la dette du gouvernement du Canada (1967-83). La valeur au marche et la structure d'echeances de la dette du gouvernement du Canada sont calculees par les auteurs pour chaque mois au cours de la periode de 1967 'a 1983. On a ventile les resultats en portions detenues par le grand public, par les banques 'a charte et par le gouvernement. Les auteurs examinent ensuite la chronique des mesures de valeurs au march6 et de valeurs au pair afin de determiner si la valeur au pair est une bonne approximation de la valeur au marche. On se sert alors des donnees precisant la valeur au marche pour construire un indicateur de rechange du d6ficit qu'on peut alors comparer aux mesures conventionnelles du deficit." @default.
- W2007691874 created "2016-06-24" @default.
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- W2007691874 date "1986-08-01" @default.
- W2007691874 modified "2023-09-27" @default.
- W2007691874 title "The Market Value and Maturity Structure of Government of Canada Debt, 1967-83" @default.
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- W2007691874 doi "https://doi.org/10.2307/135341" @default.
- W2007691874 hasPublicationYear "1986" @default.
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