, investment growth and employment growth, and their response to high nominal GDP growth regimes -- Chapter 10 The impact of the … debt-to-GDP ratio on investment growth -- Part 2: Fiscal budget balance deficits -- Chapter 11 Budget deficit thresholds …: Interest rates -- Chapter 14 Widening budget deficits and investment growth dynamics -- Chapter 15 Do high debt service costs …

unclear. One candidate is intangible capital - a rising driver of economic growth that, being non-pledgeable as collateral, is … vulnerable to financial frictions. By sheltering intangible investment from financial shocks, counter-cyclical macroeconomic … policy could strengthen longer-term growth, particularly so where strong product market competition prevents firms from self …