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...
第一著者: | |
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その他の著者: | , , |
フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2015.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2015/197 |
オンライン・アクセス: | Full text available on IMF |