This Time They Are Different: Heterogeneity and Nonlinearity in the Relationship Between Debt and Growth

WP/13/248

This Time They Are Different: Heterogeneity and Nonlinearity in the Relationship Between Debt and Growth
We study the long-run relationship between public debt and growth in a large panel of countries. Our analysis takes particular note of theoretical arguments and data considerations in modeling the debt-growth relationship as heterogeneous across countries. We investigatethe issue of nonlinearities (debt thresholds) in both the cross-country and... READ MORE...

Publication date: December 2013
ISBN 9781484309285
$18.00

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Publication date: December 2013

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Publication date: December 2013

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