00:00:00 – Introduction
00:00:40 – Slide 1: Introduction
00:01:21 – Slide 3: Motivation
00:02:24 – Slide 4: Motivation
00:03:21 – Slide 5: The effect of debt-financed stimulus on interest rates
00:05:43 – Slide 6: The effect of debt-financed stimulus on interest rates
00:06:37 – Slide 7: Aims for the study
00:07:23 – Slide 8: Contribution to the literature
00:08:51 – Slide 9: The model economy
00:10:29 – Slide 10: Main Findings I
00:12:54 – Slide 11: Main Findings II
00:16:05 – Slide 12: Results: Debt-financed fiscal expenditure
00:19:05 – Question
00:22:16 – Slide 13: Sensitivity of interest rates to government debt-to-GDP
00:22:34 – Question
00:25:48 – Question
00:28:35 – Slide 12: Results: Debt-financed fiscal expenditure
00:30:45 – Slide 16: The transmission mechanisms: Risk Premium
00:32:36 – Slide 17: The transmission mechanisms: Risk Premium
00:33:10 – Slide 18: The transmission mechanisms: Monetary policy
00:34:54 – Slide 19: The transmission mechanisms: Monetary policy
00:35:54 – Slide 20: The transmission mechanism: Crowding -in/-out
00:37:08 – Slide 21: The transmission mechanism: Crowding -in/-out
00:37:16 – Slide 22: Government debt, monetary policy and the risk premium
00:38:12 – Slide 23: Th effects of interest rates
00:38:56 – Question
00:41:01 – Question
00:42:56 – Question
00:47:11 – Question
00:50:11 – Chair: Outro