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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Jaramillo, Laura
Awduron Eraill: Kimani, Elijah, Mulas-Granados, Carlos
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Working Papers; Working Paper ; No. 2016/202
Mynediad Ar-lein:Full text available on IMF