, China's debt has doubled, reaching levels that are clearly above those of most emerging markets. This increases the risks …

This paper explores the effect of inflation supply and demand shocks on government debt. It identifies the shocks using … regressions and local projections suggest that supply shocks lead to persistent increases in government debt, while demand shocks … result in long-lasting declines. Furthermore, high debt levels increase economic vulnerability, amplifying the impacts of …

statistically significant impact on the growth of the public debt. In contrast, defense spending, unemployment rate, and inflation …This paper investigates the major drivers of the public debt growth in 184 countries. Our analysis consists in a cross …-country survey, which is conducted on the basis of the improved compilation of datasets on the central government debt for 2013. In …

relatively well the volatility observed in the data. Given the monetary policy regime in place, the debt deflation channel is … relevant for the CPI inflation and the domestic interest rate. The drop in GDP associated with the pandemic mainly reflects the …

evidence suggest that this effect is smaller during the inflation targeting period. …