This Time They Are Different : Heterogeneity and Nonlinearity in the Relationship Between Debt and Growth /

We study the long-run relationship between public debt and growth in a large panel of countries. Our analysis takes particular note of theoretical arguments and data considerations in modeling the debt-growth relationship as heterogeneous across countries. We investigate the issue of nonlinearities...

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Bibliographic Details
Main Author: Eberhardt, Markus
Other Authors: Presbitero, Andrea
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/248
Online Access:Full text available on IMF