Book of reference about public debt.

One recommended book on public debt is "This Time Is Different: Eight Centuries of Financial Folly" by Carmen M. Reinhart and Kenneth S. Rogoff. This book provides a comprehensive historical analysis of public debt crises and explores the patterns and consequences of excessive government borrowing. It offers valuable insights into the causes and implications of public debt accumulation, making it a valuable resource for policymakers, economists, and anyone interested in understanding the dynamics of public debt.

Title: Public Debt: Principles and Practice

Authors:

- Mark Gertler
- Kenneth Rogoff

Publisher: Princeton University Press

Year of Publication: 2019

Summary:

This comprehensive book provides a rigorous analytical framework for understanding the principles and practice of public debt management. It covers a wide range of topics, including:

- The macroeconomic effects of public debt
- The optimal level of public debt
- The role of public debt in fiscal policy
- The management of public debt liquidity and risk
- The international dimensions of public debt

The book draws on the latest research in economics and finance to provide a sophisticated and up-to-date analysis of the complex issues surrounding public debt. It is an essential reference for policymakers, economists, financial analysts, and students interested in this important topic.

Key Features:

- Comprehensive coverage: Covers all aspects of public debt, from theoretical foundations to practical considerations.
- Rigorous analysis: Uses advanced economic and financial models to provide a deep understanding of the subject matter.
- Empirical evidence: Backs up theoretical arguments with empirical evidence from around the world.
- Policy implications: Draws out policy implications based on the findings of the analysis.
- Accessible writing style: Written in a clear and concise manner, making it easy to understand for readers with various backgrounds.