Testing for a Debt‐Threshold Effect on Output Growth

Using the Reinhart–Rogoff dataset, we find a debt threshold not around 90 per cent but around 30 per cent, above which the median real gross domestic product (GDP) growth falls abruptly. Our work is the first to formally test for threshold effects in the relationship between public debt and median r...

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Detalles Bibliográficos
Autores principales: Lee, Sokbae, Park, Hyunmin, Seo, Myung Hwan, Shin, Youngki
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2017
Materias:
Original Articles
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5726385/
https://www.ncbi.nlm.nih.gov/pubmed/29263562
http://dx.doi.org/10.1111/1475-5890.12134

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5726385/
https://www.ncbi.nlm.nih.gov/pubmed/29263562
http://dx.doi.org/10.1111/1475-5890.12134

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