Hidden Bibliographic Details
| Other authors / contributors: | Presbitero, Andrea F., author.
International Monetary Fund. Research Department, issuing body.
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| ISBN: | 9781484309285
1484309286
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| Notes: | At head of title: Research Department.
"November 2013."
Includes bibliographical references.
Online resource; title from pdf title page (IMF.org Web site, viewed Jan. 9, 2014).
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| Summary: | "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 investigate the issue of nonlinearities (debt thresholds) in both the cross-country and within-country dimensions, employing novel methods and diagnostics from the time-series literature adapted for use in the panel. We find some support for a nonlinear relationship between debt and long-run growth across countries, but no evidence for common debt thresholds within countries over time"--Abstract.
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