The Blind Side of Public Debt Spikes /

What explains public debt spikes since the end of WWII? To answer this question, this paper identifies 179 debt spike episodes from 1945 to 2014 across advanced and developing countries. We find that debt spikes are not rare events and their probability increases with time. We then show that large p...

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Detaylı Bibliyografya
Yazar: Jaramillo, Laura
Diğer Yazarlar: Kimani, Elijah, Mulas-Granados, Carlos
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2016.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2016/202
Online Erişim:Full text available on IMF