Mencinger, Jernej; Aristovnik, Aleksander; Verbic, Miroslav - In: The AMFITEATRU ECONOMIC journal 16 (2014) 35, pp. 403-403
The paper attempts to empirically explore the transmission mechanism regarding the short-term impact of public debt and growth. We examine and evaluate the direct effect of higher indebtedness on economic growth for countries in the EU which are in the epicentre of the current sovereign debt...