This new measure can tell us how much government debt is sustainable
A new measure of sovereign debt suggests that governments generally borrow close to the maximum sustainable level.
Fabrice Collard is Professor and holds the chair of Applied Macroeconomics at the University of Bern. He was previously senior researcher at the Toulouse School of Economics and professor at the university of Adelaide. His research centers on quantitative macroeconomics and monetary theory. He received his PhD (1996) from the University of Paris-Sorbonne.