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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| 其他作者: | , |
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2016.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2016/202 |
| 在線閱讀: | Full text available on IMF |