NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Public Debt Through the Ages

Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, Kris James Mitchener

NBER Working Paper No. 25494
Issued in January 2019

---- Acknowledgments ----

We thank Chengyu Huang for excellent research assistance and Michael Bordo, Mark De Broeck, Marc Flandreau and Kenneth Rogoff for helpful comments. We also thank Ali Abbas, Alex Pienkowski and participants at the IMF conference on Sovereign Debt (September 13-14, 2018) for useful suggestions. A revised version of this paper will appear in “Sovereign Debt: A Guide for Economist and Practitioners, edited by S.M. Ali Abbas, Alex Pienkowski, and Kenneth Rogoff (forthcoming, Oxford University Press and the IMF). This paper was originally published as IMF Working Paper 19/6. The views expressed in this paper are those of the authors and do not necessarily represent the views of the IMF, its Executive Board, IMF management, or the National Bureau of Economic Research.

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