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SOVEREIGN DEBT IN THE UNITED STATES AND GROWTH EXPECTATIONS

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Published in 2018 at "Macroeconomic Dynamics"

DOI: 10.1017/s1365100518000330

Abstract: This paper shows empirical evidence and theory consistent with the US government using debt optimally to adjust the federal budget to news about long-term growth. First, using historical forecasts from the Congressional Budget Office (CBO)… read more here.

Keywords: debt united; sovereign debt; united states; states growth ... See more keywords