NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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A New Index of Debt Sustainability

Olivier J. Blanchard, Mitali Das

NBER Working Paper No. 24068
Issued in November 2017

---- Acknowledgments ----

We thank Martin Evans for useful discussions; Robert Barsky, William Cline, John Cochrane, Joe Gagnon, Egor Gornostay, Pierre-Olivier Gourinchas, Pablo Garcia-Silva, José de Gregorio, Ruth Judson, Maurice Obstfeld, and Charles Thomas for comments; and seminar participants at the Federal Reserve Bank of Chicago, the Central Bank of Chile, and the Federal Reserve Board of Governors. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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