Table 1
Baseline model, all economies Table 2
Baseline model, advanced economies Table 3
Baseline model, emerging market and developing economies Table 4
Evidence on the underlying channels Table 5
Interaction between credit ratings, exchange rate and public debt Table 6
Results with the level of the broad dollar exchange rate Table 7
Implications of currency crises Table A1
Data sources, units and transformations Table A2
List of countries in the sample, by country group Table A3
Summary statistics Table A4
Relationship between the US dollar and debt over different horizons Table A5
Model with real broad dollar exchange rate This is an Open Access article distributed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC-BY-NC) which permits non commercial use and redistribution, as long as you give appropriate credit, provide a link to the license, and indicate if changes were made.
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March, 2026 I/2026 |




