For a sample of sixteen OECD countries over the period 1980-2007 we show that, for given debt-GDP ratio, an increase in … the maturity of the public debt by one year lowers its long-term interest rate by around 20-30 basis points. This effect … is stronger for countries with higher average inflation or debt. …

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 …

the 1983-2009 period and studies the effects of fiscal shocks and government debt accumulation on long-term interest rates … transitory components of interest rates dynamics finding that sustained debt accumulation leads, at least temporarily, to higher …

the 1983-2009 period and studies the effects of fiscal shocks and government debt accumulation on long-term interest rates … transitory components of interest rates dynamics finding that sustained debt accumulation leads, at least temporarily, to higher …

-free. These may include government debt, AAA corporate debt, bank debt, and asset-backed securities, among others. The … private debt markets collapsed overnight. Nonetheless, financial crises have only raised the policy and academic profile of …

probability of sovereign debt default. Using a sample of 116 countries over the period 1995-2017, we find that climate change … vulnerability and resilience have significant effects on the probability of sovereign debt default, especially among low …-income countries. That is, countries with greater vulnerability to climate change face a higher likelihood of debt default compared to …

distance, trade, and finance to the US subprime mortgage and Eurozone debt crisis areas. To understand the causes of the cross …