JEL classification

Journal of Economic Literature Classification (10696) H - Public Economics (1336) H6 - National Budget, Deficit, and Debt (122) H63 - Debt; Debt Management (57)
Number of items at this level: 57.
Article
  • Accominotti, Olivier, Albers, Thilo, Oosterlinck, Kim (2024). Selective default expectations. Review of Financial Studies, 37(6), 1979 – 2015. https://doi.org/10.1093/rfs/hhad087 picture_as_pdf
  • Ardagna, Silvia, Caselli, Francesco (2014). The political economy of the Greek debt crisis: a tale of two bailouts. American Economic Journal: Macroeconomics, 6(4), 291-323. https://doi.org/10.1257/mac.6.4.291
  • Berger, Michael, Sommersguter-Reichmann, Margit, Czypionka, Thomas (2020). Determinants of soft budget constraints: how public debt affects hospital performance in Austria. Social Science and Medicine, 249, https://doi.org/10.1016/j.socscimed.2020.112855 picture_as_pdf
  • Brunnermeier, Markus K., Garicano, Luis, Lane, Philip R., Pagano, Marco, Reis, Ricardo, Santos, Tano, Thesmar, David, Van Nieuwerberg, Stijn, Vayanos, Dimitri (2016). The sovereign-bank diabolic loop and ESBies. American Economic Review, 106(5), 508-512. https://doi.org/10.1257/aer.p20161107
  • Caselli, Francesco (1997). On the distribution of debt and taxes. Journal of Public Economics, 65(3), 367-386. https://doi.org/10.1016/S0047-2727(97)00019-4
  • Christodoulakis, Nicos (2016). Aspects of economic governance in the Euro area: restoring internal and external balances. Politica Economica, 32(3), 489-510. https://doi.org/10.1429/85008
  • Codogno, Lorenzo, Corsetti, Giancarlo (2022). Debt sustainability analysis is back. Sudden shifts in underlying factors may push high-debt countries into a bad equilibrium. Economia Italiana, 2022(2), 121 - 142. picture_as_pdf
  • Cormier, Ben, Naqvi, Natalya (2025). Indexes, currencies, and the political economy of sovereign bond market access. International Studies Quarterly, 69(4). https://doi.org/10.1093/isq/sqaf088 picture_as_pdf
  • Dafe, Florence, Essers, Dennis, Volz, Ulrich (2018). Localising sovereign debt: the rise of local currency bond markets in sub‐Saharan Africa. World Economy, https://doi.org/10.1111/twec.12624
  • Esteves, Rui, Kenny, Seán, Lennard, Jason (2026). The aftermath of sovereign debt crises: a narrative approach. Journal of Economic History, https://doi.org/10.1017/S0022050725100995 picture_as_pdf
  • Goodhart, Charles (2017). The optimal size for central bank balance sheets. Central Banking, XXVIII(2), 128-135.
  • Greenwood, Robin, Vayanos, Dimitri (2014). Bond supply and excess bond returns. Review of Financial Studies, 27(3), 663 - 713. https://doi.org/10.1093/rfs/hht133
  • Greenwood, Robin, Vayanos, Dimitri (2010). Price pressure in the government bond market. American Economic Review, 100(2), 585-590. https://doi.org/10.1257/aer.100.2.585
  • Guibaud, Stéphane, Nosbusch, Yves, Vayanos, Dimitri (2013). Bond market clienteles, the yield curve, and the optimal maturity structure of government debt. Review of Financial Studies, 26(8), 1914-1961. https://doi.org/10.1093/rfs/hht013
  • Guimaraes, Bernardo (2011). Sovereign default: which shocks matter? Review of Economic Dynamics, 14(4), 553-576. https://doi.org/10.1016/j.red.2010.10.002
  • Hallerberg, Mark, Scartascini, Carlos (2015). When do governments improve fiscal institutions? Lessons from financial crisis and fiscal reform in Latin America. Economía, 16(1), 41 - 76. https://doi.org/10.31389/eco.71 picture_as_pdf
  • Hernández-Trillo, Fausto, Smith-Ramírez, Ricardo (2009). Credit ratings in the presence of bailout: the case of Mexican subnational government debt. Economía, 10(1), 45 - 79. https://doi.org/10.1353/eco.0.0033 picture_as_pdf
  • Ilzetzki, Ethan, Mendoza, Enrique G., Végh, Carlos A. (2013). How big (small?) are fiscal multipliers? Journal of Monetary Economics, 60(2), 239-254. https://doi.org/10.1016/j.jmoneco.2012.10.011
  • Kling, Gerhard, Lo, Yuen C, Murinde, Victor, Volz, Ulrich (2025). Climate vulnerability and the cost of debt. Oxford Open Economics, 4, https://doi.org/10.1093/ooec/odaf003 picture_as_pdf
  • Nosbusch, Yves (2008). Interest costs and the optimal maturity structure of government debt. The Economic Journal, 118(527), 477-498. https://doi.org/10.1111/j.1468-0297.2007.02130.x
  • Reis, Ricardo (2022). Debt revenue and the sustainability of public debt. Journal of Economic Perspectives, 36(4), 103-124. https://doi.org/10.1257/jep.36.4.103 picture_as_pdf
  • Ritschl, Albrecht (2012). The German transfer problem, 1920-1933: a sovereign debt perspective. European Review of History, 19(6), 943-964. https://doi.org/10.1080/13507486.2012.739147
  • Sandleris, Guido (2016). The costs of sovereign default: theory and empirical evidence. Economía, 16(2), 1 - 28. https://doi.org/10.31389/eco.76 picture_as_pdf
  • Volz, Ulrich (2022). On the potential of sovereign state-contingent debt in contributing to better public debt management and enhancing sustainability outcomes. Journal of Globalization and Development, 13(2), 379 - 409. https://doi.org/10.1515/jgd-2021-0071 picture_as_pdf
  • de Grauwe, Paul (2010). Fighting the wrong enemy. VoxEU,
  • de Grauwe, Paul (2010). Quelle gouvernance pour la zone Euro? Revue d'Économie Financière, 100,
  • de Grauwe, Paul (2010). The road to self-destruction of the eurozone. Eurointelligence,
  • Chapter
  • Buiter, Willem H. (2005). Joys and pains of public debt. In de Gijsel, Peter, Schenk, Hans (Eds.), Multidisciplinary Economics: the Birth of a New Economics Faculty in the Netherlands (pp. 209-224). Springer Berlin / Heidelberg.
  • Gough, Ian, Siegel, Nico (1999). Debito pubblico e crisi fiscale dello Stato. In Castronovo, Valerio (Ed.), Storia Dell’economia Mondiale (pp. 493-507). Editori Laterza.
  • Reis, Ricardo, Velasco, Andres (2025). Fiscal policy and public debt. In Besley, Tim, Bucelli, Irene, Velasco, Andrés (Eds.), The London Consensus: Economic Principles for the 21st Century (pp. 197 - 217). LSE Press. https://doi.org/10.31389/lsepress.tlc.f picture_as_pdf
  • de Grauwe, Paul (2011). What kind of governance for the Eurozone. In Meeusen, Wim (Ed.), The Economic Crisis and European Integration (pp. 7-16). Edward Elgar.
  • Report
  • de Grauwe, Paul (2010). A mechanism of self-destruction of the eurozone. (CEPS commentaries). Centre for European Policy Studies.
  • Online resource
  • Dolphin, Tony (2011). With an easing of fiscal policy off the cards, George Osborne’s only hope for growth may lie with another round of quantitative easing.
  • Valero, Anna, Van Reenen, John (2011). Slow growth does not have to be our ‘new normal’. Government needs to change the way it looks at the growth problem in the long term.
  • Van Reenen, John (2010). Extreme austerity is the wrong medicine.
  • Working paper
  • Alogoskoufis, George (2024). Before and after the political transition of 1974: institutions, politics, and the economy of post-war Greece. (GreeSE Papers: Hellenic Observatory Discussion Papers on Greece and Southeast Europe 198). Hellenic Observatory, London School of Economics and Political Science. picture_as_pdf
  • Brunnermeier, Markus K., Garicano, Luis, Lane, Philip R., Pagano, Marco, Reis, Ricardo, Santos, Tano, Thesmar, David, Nieuwerburgh, Stijn Van, Vayanos, Dimitri (2016). The sovereign-bank diabolic loop and ESBies. (CEP Discussion Paper 1414). London School of Economics and Political Science. Centre for Economic Performance.
  • Chwieroth, Jeffrey, Simpson, Cohen, Walter, Andrew (2014). Networked default: public debt, trade embeddedness, and partisan survival in democracies since 1870. (Systemic Risk Centre Discussion Papers 22). Systemic Risk Centre, The London School of Economics and Political Science.
  • Cunha, Alexandre B., Ornelas, Emanuel (2014). Political competition and the limits of political compromise. (CEP Discussion Papers CEPDP1263). London School of Economics and Political Science. Centre for Economic Performance.
  • Céspedes, Luis Felipe, Velasco, Andres (2013). Was this time different? Fiscal policy in commodity republics. (NBER Working Paper 19748). National Bureau of Economic Research. https://doi.org/10.3386/w19748
  • Diniz, Andre, Guimaraes, Bernardo (2014). Financial disruption as a cost of sovereign default: a quantitative assessment. (CFM discussion paper series CFM-DP2014-27). Centre For Macroeconomics.
  • Diniz, Andre, Guimaraes, Bernardo (2017). How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies. (CFM discussion paper series CFM-DP2017-05). Centre For Macroeconomics.
  • Economides, George, Koliousi, Giota, Miaouli, Natasha, Philippopoulos, Apostolis (2024). From debt arithmetic to fiscal sustainability and fiscal rules: taking stock and policy lessons. (GreeSE Papers: Hellenic Observatory Discussion Papers on Greece and Southeast Europe 194). Hellenic Observatory, London School of Economics and Political Science. picture_as_pdf
  • Eijffinger, Sylvester, Huizinga, Harry, Lemmen, Jan (1997). Short-term and long-term government debt and non-resident interest withholding taxes. (Financial Markets Group Discussion Papers 275). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Ellison, Martin, Scott, Andrew (2017). Managing the UK National Debt 1694-2017. (CFM discussion paper series CFM-DP2017-27). Centre For Macroeconomics.
  • Greenwood, Robin, Vayanos, Dimitri (2008). Bond supply and excess bond returns. (Financial Markets Group Discussion Papers 607). Financial Markets Group, The London School of Economics and Political Science.
  • Guibaud, Stéphane, Nosbusch, Yves, Vayanos, Dimitri (2011). Bond market clienteles, the yield curve and the optimal maturity structure of government debt. (Financial Markets Group Discussion Papers 669). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Guimaraes, Bernardo, Ladeira, Carlos Eduardo (2017). The determinants of IMF fiscal conditionalities: economics or politics? (CFM discussion paper series CFM-DP2017-03). Centre For Macroeconomics.
  • Hileman, Garrick (2012). The seven mechanisms for achieving sovereign debt sustainability. (Economic history working papers). London School of Economics and Political Science.
  • Hilscher, Jens, Raviv, Alon, Reis, Ricardo (2022). How likely is an inflation disaster? (CEPR Press Discussion Paper 17224). Centre for Economic Policy Research (Great Britain).
  • Ilzetzki, Ethan, Mendoza, Enrique G., Végh Gramont, Carlos A. (2011). How big (small?) are fiscal multipliers? (Working Paper 11/52). International Monetary Fund.
  • Lennard, Jason, Kenny, Seán, Esteves, Rui (2021). The aftermath of sovereign debt crises: a narrative approach. (Department of Economic History Working Papers 2021). Department of Economic History, London School of Economics and Political Science. picture_as_pdf
  • Ornelas, Emanuel (2016). Special and differential treatment for developingcountries. (CEP Discussion Paper 1415). London School of Economics and Political Science. Centre for Economic Performance.
  • Papadia, Andrea (2017). Sovereign defaults during the Great Depression: the role of fiscal fragility. (Economic History Working Papers 255/2017). London School of Economics and Political Science, Economic History Department.
  • Reis, Ricardo (2021). The constraint on public debt when r < g but g < m. (BIS Working Papers 939). Bank for International Settlements.
  • Reis, Ricardo (2021). The constraint on public debt when r < g but g < m. (CEPR Press Discussion Paper 15950). Centre for Economic Policy Research (Great Britain).
  • de Grauwe, Paul (2010). What kind of governance for the eurozone? (CEPS policy brief 241). Centre for European Policy Studies.