Safe-asset demand leads
All three samples give global safe-asset demand the largest average share of government debt value.
View valuation findingsSurvey evidence
How people understand the value and sustainability of government debt
The survey compares registered voters, screened bond investors, and respondents with graduate Economics or Finance training. It measures beliefs about debt backing, crisis risk, and reported action.
Working paper · Posted985screened bond investors
1,001registered voters
247Econ./Finance graduate-degree holders
Three connected findings
From perceived value to risk and action
The survey follows a simple sequence: what supports debt, how much risk people perceive, and whether concern changes behavior.
Voters perceive the greatest risk
Voters assign a 54.2% average probability to a debt crisis within ten years, above investors and trained respondents.
View sustainability findingsConcern rarely determines action
Debt concern is widespread, but among voters expressing concern, only 8.8% say it was decisive for their reported past voting choices.
View Wave 1 findingsFollowing beliefs over time
Wave 1 establishes the baseline
Future waves will show whether beliefs about debt value, crisis risk, and personal action change with the fiscal outlook.
Wave 1Findings available
Debt valuation and sustainability beliefs
Results on perceived sources of value, crisis risk, concern, and reported action.
Explore Wave 1Future wavesPlanned
New samples and repeated measures
Repeated questions will reveal which beliefs persist and which respond to new fiscal conditions.
Release dates will be posted here