A special issue of Journal of Public Economic Theory, to be edited by Professor Shlomo Weber, Leading Scientist of the Laboratory for the Study of Diversity and Social Interactions, is planned.

Although papers are invited on all areas of economics, special emphasis will be given on areas such as: - The role of central banks and monetary policy - The role of fiscal policy - The conduct of monetary policy under zero bound conditions - The role of, and prospects for, economic growth - The...

Papers in all aspects of public economics and related areas will be presented.

Submitted papers should discuss two aspects around excessive sovereign debt: On one hand we want to diagnose the problems that occur following a serious shortfall on the capacity of a country to pay its debt - such as hindered capacity to pay civil servants' wages, suppliers, pensioners, etc....