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Why debt matters

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  • Kent Smetters

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Suggested Citation

  • Kent Smetters, 2025. "Why debt matters," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 44(4), pages 1491-1497, September.
  • Handle: RePEc:wly:jpamgt:v:44:y:2025:i:4:p:1491-1497
    DOI: 10.1002/pam.70040
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    References listed on IDEAS

    as
    1. Edward Gamber & John Seliski, 2019. "The Effect of Government Debt on Interest Rates: Working Paper 2019-01," Working Papers 55018, Congressional Budget Office.
    2. Wendy Edelberg & Benjamin H. Harris & Louise Sheiner, 2025. "Assessing the Risks and Costs of the Rising US Federal Debt," National Tax Journal, University of Chicago Press, vol. 78(4), pages 961-988.
    3. Caplin, Andrew & Leahy, John, 2006. "The recursive approach to time inconsistency," Journal of Economic Theory, Elsevier, vol. 131(1), pages 134-156, November.
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