Bloomberg Business
November 5, 2013
HKS Authors
See citation below for complete author information.
Minos A. Zombanakis Professor of the International Financial System
Abstract
The authors address the indisputable fact that high real interest rates place an added burden on debtors, whether they are households, companies or governments. Therefore, it is important to know whether very high levels of debt are associated with high real interest rates.
Citation
Reinhart, Carmen. "Of Debt, Growth, Interest Rates & History." Bloomberg Business, November 5, 2013.