Beliefs About Government Debt Valuation and Sustainability
Survey evidence on what investors and voters believe supports government debt, how much fiscal risk they perceive, and how they report those concerns entering voting and portfolio choices.
Papers
Two projects study government debt beliefs, fiscal decisions, and changes in expected fiscal paths.
Survey evidence on what investors and voters believe supports government debt, how much fiscal risk they perceive, and how they report those concerns entering voting and portfolio choices.
New data trace how legislation changes expected taxes and spending, how forecasts adjust to fiscal news, and what those revisions imply for government debt valuation.