Debt and Growth : Is There a Magic Threshold? /

Using a novel empirical approach and an extensive dataset developed by the Fiscal Affairs Department of the IMF, we find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised. Furthermore, we find the debt trajectory can be as important as...

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Bibliographic Details
Main Author: Pescatori, Andrea
Other Authors: Sandri, Damiano, Simon, John
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/034
Subjects:
Online Access:Full text available on IMF