Version 1.0

Replication Data for: The r-g Race — Can Nominal Growth Outrun Demographic Fiscal Pressure?

Peters, Brian

Description

Replication package for 'The r-g Race: Can Nominal Growth Outrun Demographic Fiscal Pressure?' by Brian Peters (2026). Simulates debt dynamics for 31 sovereign-rated issuers through 2050, combining income-conditioned fiscal coefficients from upstream papers in the series with forward demographic projections from the UN WPP. Computes breakeven nominal growth rates, the minimum growth needed to stabilize debt given projected demographic spending. Key finding: under income-conditioned specification, 18 of 31 countries are on explosive debt paths, stable across 2030-2050 horizons. Japan, Korea, and Italy classify as 'window' rather than 'doom loop' because OECD revenue partially offsets expenditure at high OADR levels. Monte Carlo simulation (1,000 draws) confirms point estimates: 15 of 31 countries have P(doom) > 75% at 2050. A combined portfolio of equilibrating mechanisms reduces the doom loop count to 11. The r-g race is ultimately income-conditional.

Citations (0)

Mentions (0)

Metrics

Dataset Index

0.3

FAIR Score

58%

Citations

0

Mentions

0

Metrics Over Time

Publication Details

DOI

Publisher

Harvard Dataverse

License

Creative Commons Zero v1.0 Universal

Assigned Domain

Subfield

Economics and Econometrics

Field

Economics, Econometrics and Finance

Domain

Social Sciences

Confidence Score

57%

Source

Scholar Data Model

Keywords

Social Sciencesdebt sustainabilityr-g dynamicsdemographic fiscal pressureagingsovereign riskpension expenditurebreakeven growthpopulation aging

Normalization Factors

FT

63.46

CTw

1.00

MTw

1.00