When Interest Rates Go Low, Should Public Debt Go High?
When Interest Rates Go Low, Should Public Debt Go High?∗ Johannes Brumm Karlsruhe Institute of Technology johannes.brumm@gmail.com Laurence Kotliko Boston University kotliko @gmail.com Xiangyu Feng Xiamen University xyfeng@bu.edu Felix Kubler University of Zurich fkubler@gmail.com June 14, 2021 Abstract ................
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