HKS Affiliated Authors
Assistant Professor of Public Policy
Excerpt
Excerpt
September 29, 2022, Opinion: "During the “Great Moderation” that preceded the COVID-19 pandemic, years of low inflation led to the growth of sovereign debt issued at fixed interest rates and long maturities. And now, two years of unexpected US inflation have effectively diluted these obligations, in America and elsewhere." Read Via Project Syndicate
HKS Faculty Author - Gautam Nair and Federico Sturzenegger