# Prof. Thomas Sargent's research on government debt is cited

1 Faculty News October 11, 2013 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://ftalphaville.ft.com/2013/10/11/1664302/why-the-level-of-government-debt-may-not-matter/?) -- "We find that a significant determinant of an optimal asymptotic government debt or government debt-GDP ratio is how interest rate risks are correlated with risks to fundamentals that threaten to widen or narrow inequality in after-tax and after-transfer incomes."
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