Thank you for submitting your paper to Applied Economics Letters. I have now received the recommendations of the referees and, although we are pressed for space in AEL, I would like to move towards publication of your article, although I cannot accept it at this point. Please revise the paper according to the referee's comments.
The referee's comments are given below.
See also:
‘Promote Your Article’
http://journalauthors.tandf.co.uk/beyondpublication/promotearticle.asp
http://journalauthors.tandf.co.uk/beyondpublication/optimizingcitations.asp
To revise your manuscript log into https://mc.manuscriptcentral.com/ape and enter your author centre where you will find your manuscript title listed under "manuscripts with decisions". Under "actions" click on "create a revision". Your MS number will be automatically adjusted to denote a revision.
You cannot revise the originally submitted manuscript. You must revise the manuscript and save it onto your computer and upload the NEW manuscript through your author centre. Please detail any changes you have made in the space provided.
Please provide a source file with the resubmission including the following:
Author affiliations
Author contact details
Confirmation of corresponding author
Abstract
Keywords
JEL codes
Also please upload figures and tables to the appropriate places.
I look forward to seeing the revised version of your paper.
Kind regards
David Peel
Editor
Applied Economics Letters
Referee: 1
Comments to the Author
No major comments, just some minor correction in the text - typos.
Is there any other experiencie with perpetual bond in different countries? If so, with what impact?



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