ERC Starting Grant · 2019
The Micro-foundations of Debt Crises
This project takes a new bottom-up approach to understanding the political roots of government debt crises. It proposes that in order to understand why governments borrow excessively and experience crises, we must first understand what citizens are thinking (or not thinking) about debt policy. Citizens’ preferences are the cornerstone of political theories because they inform policymakers’ incentives. Yet, no studies have systematically examined why citizens in some countries are willing to take steps before a crisis to reduce government debt while others ignore warnings and reward political inaction. This proposal pursues two successive objectives. First, the project will conduct the first…
From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.