A New Decomposition of Public Debt Dynamics in the Euro Area
Analyzing security-level data shows low real rates cut debt ratios substantially, while inflation surprises mattered little, and central-bank holdings initially reduced but later raised consolidated debt.
Featured in No. 139 on 13 Nov 2026 · 4 days after release
- Released
- 9 Nov 2026
- First featured
- No. 139 · 13 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:nbb:reswpp:202610-497
- Authors
- Jef Boeckx et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).