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Public Debt in Macroeconomic Analysis

This area is dedicated to documents focused on the analysis of macroeconomic theoretical models which include, as one of the relevant variables, the level of public debt regardless its operative aspects. As a macroeconomic variable, public debt is generally taken into account in a number of research projects, both theoretical and empirical, especially concerning topics such as:

Efficiency in public debt management can be affected by economic and financial matters, and, on the other hand, it is seen to have an impact on them. The mechanisms through which these interrelations perform are worth of theoretical investigation in order to pursue macroeconomic goals, particularly with respect to the level of unemployment, gross domestic product, inflation and balance of payments.

The following are documents published up to and including the year 2003. From 2004 to 2010 all documents can be found only in the archive available in the website�s Reserved area. Instead, since January 2011, all documents will be found in both areas of the website. Access to the Reserved area is free, but limited to Partners only. Please find more information at the Join us section.


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