Public debt: Safe at any speed?

Xavier Debrun, Mariusz Jarmuzek and Anna Shabunina

Economic Review, 2020, issue ii, 97-130

Abstract: In many advanced economies, public debt has been flirting with historic highs or even exceeded them, while interest rates have remained historically low, raising deep questions about the actual risks of funding large-scale post-Covid recovery plans with additional borrowing.

Date: 2020
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