This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth … for a universally applicable threshold effect in the relationship between public debt and economic growth, once we account … negative long-run effects of public debt build-up on output growth. Provided that public debt is on a downward trajectory, a …

This paper investigates the long-run effects of public debt and inflation on economic growth. Our contribution is both … over the 1965-2010 period, we find significant negative long-run effects of public debt and inflation on growth. Our … negative effects on economic growth in the long run. But if the increase is temporary, then there are no long-run growth …

the interactions between public debt and real output growth in a multicountry setting, and the results are compared to … about one third of the long-horizon forecast error variance of output growth, and about one fifth of the long run variance …

the interactions between public debt and real output growth in a multicountry setting, and the results are compared to … about one third of the long-horizon forecast error variance of output growth, and about one fifth of the long run variance …