Kourtellos, Andros; Stengos, Thanasis; Tan, Chih Ming - In: Journal of Macroeconomics 38 (2013) PA, pp. 35-43
We employ a structural threshold regression methodology to investigate the heterogeneous effects of debt on growth using public debt as a threshold variable as well as several other plausible variables. Our methodology allows us to address parameter heterogeneity that characterizes cross-country...