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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2013.
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Series: | IMF Working Papers; Working Paper ;
No. 2013/248 |
Online Access: | Full text available on IMF |