Ahundjanov, Behzod B.; Akhundjanov, Sherzod B.; … - In: Macroeconomic dynamics 29 (2025), pp. 1-10
The cross-sectional distribution of government debt is often approximated by a lognormal distribution. This note empirically demonstrates that government debt is more accurately characterized by the double Pareto-lognormal (dPLN) distribution, which features a lognormal body with two Pareto...