This paper discusses the current position of the government and its sustainability through various perspectives such as the ability to satisfy this debt in the future, growth hindered by debt through a neoclassical growth mode, unfunded obligations, and the effect of angst and defaults.
Feb 25, 2022
This paper discusses the current position of the government and its sustainability through various perspectives such as the ability to satisfy this debt in the ...
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We study the extent to which the perceived cost of losing the exorbitant privilege the US holds in global safe asset markets sustains the safety of its ...
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Over time, investors should expect a higher term premium in US debt markets than what has been experienced in the last ten to fifteen years, ...
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Aug 26, 2024 · It finds that the special status of the US increases maximal sustainable debt by around 22% of GDP, mostly due to debt being liquid and widely ...
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Debt Revenue and the Sustainability of Public Debt by Ricardo Reis. Published in volume 36, issue 4, pages 103-24 of Journal of Economic Perspectives, ...
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May 18, 2021 · The broad finding of this study is that the US debt burden is on a long-term path to unprecedented heights even when measured by interest payments.
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Chapter 6. Fiscal Sustainability and Public Debt Limits in the ...
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This chapter reviews different concepts of debt sustainability and gives illustrative results on debt limits for economies based on macroeconomic ...
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Road Map Needed to Address Projected Unsustainable Debt Levels
www.gao.gov › products › gao-23-106201
May 8, 2023 · The federal government faces an unsustainable fiscal future. If policies don't change, debt will continue to grow faster than the economy.
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The paper examines the sustainability of U.S. fiscal policy, finding substantial evidence in favor. I summarize the U.S. fiscal record from 1792-2003, ...
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