Should you trust international debt statistics? How big is the 'hidden debt' problem which made so many headlines lately? Has debt reporting in developing countries improved lately? Summary thread of our blog previewing our forthcoming research w Sebastian Horn & Philipp Nickol.

#HiddenDebtRevelations! How reliable are public debt stats? Our working paper with S. Horn, Philipp Nickol, Cesar Sosa Padilla is out today analyzing hidden sovereign debts across 146 countries and 53 years. Let’s dive in! ⬇️

Constructing a novel dataset using the history of World Bank debt statistics and quantifying hidden debt finds that debt stats are systematically under-reported. Also, studying its impact on default risk, from Horn, David Mihalyi, Nickol, and Cesar Sosa Padilla nber.org/papers/w32947

New Moody's note on 🇸🇳 Senegal discusses audit induced large jump in public debt in the context of our research on hidden debts (w Horn, Cesar Sosa Padilla, Philipp Nickol).

The Economist (The Economist) just published an article discussing our new "Hidden Debt Revelations" paper (joint w/ Sebastian Horn, David Mihalyi and Philipp Nickol). Check it out! economist.com/finance-and-ec…