test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust …. Taken with a pinch of salt, our results suggest, however, that a negative association between debt and growth may set in at … debt levels as low as 20% of GDP. Further (and greater) thresholds may exist but their magnitude is highly uncertain. For …

productivity could be boosted via rendering the tax system more growth friendly, reducing product market regulation (including …

debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt-to-GDP ratio higher than … some evidence in favour of a negative nonlinear relationship between debt and growth. But these results are very sensitive …, the negative nonlinear effect kicks in at much lower levels of public debt (between 20% and 60% of GDP). These results …

This paper puts the Reinhart-Rogoff data-set to a formal econometric testing to see whether public debt has a negative … non-linear effect on growth if public debt exceeds 90% of GDP. Using non-linear threshold models, we show that the … negative non-linear relationship between debt and growth is very sensitive to modelling choices. We also show that when non …

debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt-to-GDP ratio higher than … some evidence in favour of a negative nonlinear relationship between debt and growth. But these results are very sensitive … effects can kick in at much lower levels of public debt (between 20% and 60% of GDP). These results, based on bivariate …

descriptive statistics and formal econometric testing. First, based on the public debt thresholds(30%, 60% and 90%) proposed by … debt-to-GDP ratio goes beyond the 30% threshold and that no further slowdown can be observed in the data as the debt … nonlinear finding completely disappears for any level of public debt, once reverse causality and influential outliers are …

debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt-to-GDP ratio higher than … some evidence in favour of a negative nonlinear relationship between debt and growth. But these results are very sensitive …, the negative nonlinear effect kicks in at much lower levels of public debt (between 20% and 60% of GDP). These results …

test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust …. Taken with a pinch of salt, our results suggest, however, that a negative association between debt and growth may set in at … debt levels as low as 20% of GDP. Further (and greater) thresholds may exist but their magnitude is highly uncertain. For …

productivity could be boosted via rendering the tax system more growth friendly, reducing product market regulation (including …