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[null,"1.","Record Nr.",null,"UNINA9910154899003321"]
[null,null,"Autore",null,"Jaramillo Laura"]
[null,null,"Titolo",null,"The Blind Side of Public Debt Spikes / / Laura Jaramillo, Carlos Mulas-Granados, Elijah Kimani"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2016"]
[null,null,"ISBN",null,"9781475545234"]
[{"$nulls":4},"1475545231"]
[{"$nulls":4},"9781475545258"]
[{"$nulls":4},"1475545258"]
[null,null,"Descrizione fisica",null,"1 online resource (33 pages) : illustrations, tables"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Disciplina",null,"336.34"]
[null,null,"Soggetti",null,"Debts, Public"]
[{"$nulls":4},"Economic forecasting"]
[{"$nulls":4},"Stock-flow analysis"]
[{"$nulls":4},"Exports and Imports"]
[{"$nulls":4},"Inflation"]
[{"$nulls":4},"Public Finance"]
[{"$nulls":4},"National Budget, Deficit, and Debt: General"]
[{"$nulls":4},"Debt"]
[{"$nulls":4},"Debt Management"]
[{"$nulls":4},"Sovereign Debt"]
[{"$nulls":4},"International Lending and Debt Problems"]
[{"$nulls":4},"Public Administration"]
[{"$nulls":4},"Public Sector Accounting and Audits"]
[{"$nulls":4},"Price Level"]
[{"$nulls":4},"Deflation"]
[{"$nulls":4},"Public finance & taxation"]
[{"$nulls":4},"International economics"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Public debt"]
[{"$nulls":4},"Debt sustainability analysis"]
[{"$nulls":4},"Contingent liabilities"]
[{"$nulls":4},"Government debt management"]
[{"$nulls":4},"External debt"]
[{"$nulls":4},"Public financial management (PFM)"]
[{"$nulls":4},"Prices"]
[{"$nulls":4},"Debts, External"]
[{"$nulls":4},"Fiscal policy"]
[{"$nulls":4},"Hungary"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Nota di bibliografia","Includes bibliographical references."]
[null,null,null,"Sommario/riassunto","What explains public debt spikes since the end of WWII? To answer this question, this paper  identifies 179 debt spike episodes from 1945 to 2014 across advanced and developing  countries. We find that debt spikes are not rare events and their probability increases with  time. We then show that large public debt spikes are neither driven by high primary deficits  nor by output declines but instead by sizable stock-flow adjustments (SFAs). We also find that  SFAs are poorly forecasted, which can affect debt sustainability analyses, and are associated  with a higher probability of suffering non-declining debt paths in the aftermath of public debt  spikes."]