regression model with a quadratic specification was used to test threshold effect of debt. The results reveal there are evidences … unfavorable. The results further reveals that there is a threshold effect of debt such that it is beneficial to economic growth of … Ethiopia when it is well below 66.75% of GDP or 36.27% of GNI. Above these threshold levels, debt incurred deteriorates …

The recent fears of a sovereign debt crisis have spurred interest in the sustainability of public debt. There are two … the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy … containing several statistical novelties: new time series estimates of public debt and GDP (respectively Banca d'Italia, 2008 and …

The paper aims to investigate the economic relationship between inflation and domestic debt. In countries that … experience high inflation, the inflationary process fed on increasing costs of domestic debt. As a result, the increasing debt to … result in increasing costs of domestic debt. Second group consists of Belgium, Canada and Japan, low inflation rates, low …

policy and public debt. The aim of this paper is to address the challenges posed by the estimation of the discretionary …. We find evidence of strong cross-sectional dependence in the panel, and clear support to a valid cointegration …

I use the data on the COVID-19 pandemic maintained by Our Word in Data to estimate a nonstationary dynamic panel …

This paper presents results concerning the performance of both single equation and system panel cointegration tests and … cointegrating ranks varying from zero to two for fourteen different panel dimensions. The usual specifications of deterministic …