Nonlinearities in the relationship between debt and growth: (no) evidence from over two centuries
I revisit the popular concern over a nonlinearity or threshold in the relationship between public debt and growth employing long time series data from up to 27 countries. My empirical approach recognises that standard time series arguments for long-run equilibrium relations between integrated variab...
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Cambridge University Press
2017
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| Online Access: | https://eprints.nottingham.ac.uk/45965/ |