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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其他作者: | , , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2020.
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叢編: | IMF Working Papers; Working Paper ;
No. 2020/001 |
在線閱讀: | Full text available on IMF |