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Nonlinearities in the relationship between debt and growth: (no) evidence from over two centuries (2017)
Journal Article
Eberhardt, M. (in press). Nonlinearities in the relationship between debt and growth: (no) evidence from over two centuries. Macroeconomic Dynamics, https://doi.org/10.1017/S1365100517000347

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-r... Read More about Nonlinearities in the relationship between debt and growth: (no) evidence from over two centuries.