This paper was prepared for the American Economic Review Papers and Proceedings. REINHART:
Department of Economics, 4115D Tydings Hall, University of Maryland, College Park,
Maryland 20742; email: creinhar@umd.edu; ROGOFF: Economics Department, 216 Littauer
Center, Harvard University, Cambridge MA 02138-3001; email: krogoff@harvard.edu. The
authors would like to thank Olivier Jeanne and Vincent R. Reinhart for helpful comments and the
National Science Foundation Grant No. 0849224 for financial support.
''GROWTH IN A TIME OF DEBT'' Carmen M. Reinhart and Kenneth S. Rogoff
Department of Economics, 4115D Tydings Hall, University of Maryland, College Park,
Maryland 20742; email: creinhar@umd.edu; ROGOFF: Economics Department, 216 Littauer
Center, Harvard University, Cambridge MA 02138-3001; email: krogoff@harvard.edu. The
authors would like to thank Olivier Jeanne and Vincent R. Reinhart for helpful comments and the
National Science Foundation Grant No. 0849224 for financial support.
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