Here’re CDS and spreads vis a vis Germany over the past year:
France’s Sovereign Debt Situation: Some Graphs
1 Reply
Category Archives: deficits
Chinn & Ito: “Current account dynamics and saving-investment nexus in a changing and uncertain world”
Open access until 21 January 2025 for the paper in JIMF, paper coauthored with Hiro Ito:
Debt-to-GDP under Trump 1.0
A reminder, so when next you hear about fiscal restraint.
A Fiscal “Do You Feel Lucky?” Part II
Previous counts put Trump fiscal promises at (at least) $4 trillion over ten years, compared to Harris $1.7 trillion (or Economist $3 trillion vs $1.4 trillion). Now, let’s place Trump tax cuts at a cost of $11 trillion…From “Trump Dangles So Many Tax Breaks Even Some Advisers Are Confused,” Bloomberg:
Guest Contribution: “Impact of Climate Risk on Fiscal Space: Does Political Stability and Financial Development Matter?”
Today we are pleased to present a guest contribution by Jamel Saadaoui (University Paris 8).
FT-Booth Survey of Macroeconomists: Whose Platform Is More Inflationary/Deficit Expanding?
From the September survey, as shown in yesterday’s FT:
If You *Really* Are Worried about Federal Debt Accumulation…
Consider this graph (based on Penn Wharton Budget Model scoring, from the Economist):
Choi, Dang, Kirpalani, Perez on “Exorbitant privilege and the sustainability of US public debt”
From the paper abstract:
When Did the Debt-to-GDP Ratio Jump in the Last Decade?
Federal debt held by the public as a share of GDP:
Vote Trump for Higher Inflation, Bigger Deficits, Higher Interest Rates
Messages from the WSJ July Survey: