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The main objective of this study is to investigate the effect of interest rate, inflation rate, and GDP on real … rate. Finally regression used to test GDP, interest rate, and inflation rate together; results have shown that current GDP … the integration order of the variables. Acointegration analysis with four variables (economic growth, interest rate, GDP …
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generated higher inflation rates and larger budget and current account deficits. Thereby, according to the most recent …
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product (GDP) falls significantly after an unanticipated increase in public debt while inflation rises. We also examine …This paper empirically examines the impact of public debt shocks on output and inflation in 34 emerging market … initial debt levels, tighter domestic financial conditions, and lower income levels amplify the negative responses of real GDP …
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