https://www.rba.gov.au/publications/rdp/1988/8807/index.html
Research Discussion Papers contain the results of economic research within the Reserve Bank
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https://www.scirp.org/reference/ReferencesPapers?ReferenceID=1913162
Modigliani, F. and Miller, M.H. (1958) The Cost of Capital, Corporation Finance, and the Theory of Investment. American Economic Review, 48, 261-297.
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'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'
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