Debt Is Not Free /

With public debt soaring across the world, a growing concern is whether current debt levels are a harbinger of fiscal crises, thereby restricting the policy space in a downturn. The empirical evidence to date is however inconclusive, and the true cost of debt may be overstated if interest rates rema...

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Détails bibliographiques
Auteur principal: Moreno Badia, Marialuz
Autres auteurs: Gupta, Pranav, Medas, Paulo, Xiang, Yuan
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2020.
Collection:IMF Working Papers; Working Paper ; No. 2020/001
Accès en ligne:Full text available on IMF