A Guide to Sovereign Debt Data
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Summary:
The last decade or so has seen a mushrooming of new sovereign debt databases covering long time spans for several countries. This represents an important breakthrough for economists who have long sought to, but been unable to tackle, first-order questions such as why countries have differential debt tolerance, and how debt levels affect the scope for countercyclical policy in recessions and financial crises. This paper backdrops these recent data efforts, identifying both the key innovations, as well as caveats that users should be aware of. A Directory of existing publicly-available sovereign debt databases, featuring compilations by institutions and individual researchers, is also included.
Series:
Working Paper No. 2019/195
Subject:
Domestic debt Emerging and frontier financial markets External debt Financial crises Financial markets Public debt
English
Publication Date:
September 13, 2019
ISBN/ISSN:
9781513511948/1018-5941
Stock No:
WPIEA2019195
Pages:
21
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