A dive into the origins, management, and uses and misuses of sovereign debt through the
ages. Public debts have exploded to levels unprecedented in modern history as …

We use panel data for 115 countries over the period 1995–2016 to model the heterogeneity
of the debt-growth nexus along with the underlying factors that might explain it. The grouped …

Over time, there has been a tendency for political jurisdictions and residents to converge on
a single currency. Monopoly over seigniorage is a source of political power and a valuable …

At odds with the large literature devoted to the fiscal discipline effects of fiscal rules, only few
contributions investigate their impact on public spending. Estimations based on the entropy …

This paper approaches the causality of public debt and economic growth from three
perspectives: Historical for the data, theoretical for the relations, and econometrical for the …

Government debt has risen substantially in emerging market and developing economies
(EMDEs) since the global financial crisis. The current environment of low global interest …

To study India's debt dynamics, we assemble a novel data-set on Indian public debt with
consistently defined aggregate annual components from 1951 to 2018, and Centre-State …

The pandemic dealt a severe blow to Latin America and the Caribbean, inflicting
unfathomable human suffering and exacting a heavy economic toll. It has left many scars in …

This article provides a comprehensive review of the literature on emerging market debt
securities. Compared to the developed world, this segment of the bond market is less …

We empirically identify, measure, and describe the heterogeneity of the debt-growth nexus
and the underlying factors that may explain it using panel data for 115 countries from 1995 …