r minus g negative : Can We Sleep More Soundly? /

Contrary to the traditional assumption of interest rates on government debt exceeding economic growth, negative interest-growth differentials have become prevalent since the global financial crisis. As these differentials are a key determinant of public debt dynamics, can we sleep more soundly, desp...

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Bibliographic Details
Main Author: Mauro, Paolo
Other Authors: Zhou, Jing
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/052
Online Access:Full text available on IMF