Threshold Effects of Sovereign Debt: Evidence from the Caribbean

Working Paper No. 12/157

Nopic
This paper addresses the issue of threshold effects between public debt and economic growth in the Caribbean. The main finding is that there exists a threshold debt to gross domestic product (GDP) ratio of 55-56 percent. Moreover, the debt dynamics begin changing well before this threshold is reached. Specifically, at debt levels lower than 30... READ MORE...

Publication date: June 2012
ISBN 9781475504507
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Publication date: June 2012

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Publication date: June 2012

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