Moreno Badía, Marialuz; Medas, Paulo; Gupta, Pranav; … - 2020
external imbalances can be as important as debt levels. These results, while not necessarily implying causality, show …With public debt soaring across the world, a growing concern is whether current debt levels are a harbinger of fiscal … true cost of debt may be overstated if interest rates remain low. To shed light into this debate, this paper re …