Exorbitant Privilege and the Sustainability of US Public Debt
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下载链接：
https://www.nber.org/papers/w32129
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资源简介：
We study the extent to which the perceived cost of losing the exorbitant privilege the US holds in global safe asset markets sustains the safety of its public debt. Our findings indicate that the loss of this special status in the event of a default significantly augments the debt capacity for the
提供机构：
美国国家经济研究局
创建时间：
2024-02-01
