Sovereign Debt and Economic Growth When Government Is Myopic and Self-Interested
Published Date
Copyright 2024
DOI 10.1016/j.jinteco.2024.103940
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Copy CitationViral V. Acharya, Raghuram G. Rajan, and Jack B. Shim, NBER International Seminar on Macroeconomics 2023 (Elsevier, Journal of International Economics, Volume 149, 2023), https://www.nber.org/books-and-chapters/nber-international-seminar-macroeconomics-2023/sovereign-debt-and-economic-growth-when-government-myopic-and-self-interested.
Published From Paper
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Working Paper
We examine how a sovereign’s ability to borrow abroad affects the country’s growth and steady state consumption,...