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...
| Main Author: | Chudik, Alexander |
|---|---|
| Other Authors: | Mohaddes, Kamiar, Pesaran, M., Raissi, Mehdi |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2015/197 |
| Online Access: | Full text available on IMF |
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