Public debt and economic growth conundrum: nonlinearity and inter-temporal relationship

Vladimir Arčabić, Josip Tica, Junsoo Lee, Robert J. Sonora
  • Studies in Nonlinear Dynamics and Econometrics, February 2018, De Gruyter
  • DOI: 10.1515/snde-2016-0086

Examines effects of government debt on economic growth

What is it about?

Demonstrates that there is no unique debt threshold which has a negative economic growth.

Why is it important?

Has significant policy implications of the effect of government debt on long run growth, which is frequently in daily policy discourse.

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The following have contributed to this page: Senior Research Professor Robert Sonora