Is There a Debt-threshold Effect on Output Growth? /
This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. Our contribution is both theoretical and empirical. On the theoretical side, we develop tests for threshold effects in the conte...
| Autor principal: | |
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| Outros Autores: | , , |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2015/197 |
| Acesso em linha: | Full text available on IMF |