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This paper surveys the recent literature on the links between public debt and economic growth in advanced economies. We …-run growth is thus an empirical question. While many papers have found a negative correlation between debt and growth, our … debt to economic growth. We also find that the presence of thresholds and, more in general, of a non-monotone relationship …
Persistent link: https://www.econbiz.de/10011933305
This paper surveys the recent literature on the links between public debt and economic growth in advanced economies. We …-run growth is thus an empirical question. While many papers have found a negative correlation between debt and growth, our … debt to economic growth. We also find that the presence of thresholds and, more in general, of a non-monotone relationship …
Persistent link: https://www.econbiz.de/10010878442
This paper uses an instrumental variable approach to study whether public debt has a causal effect on economic growth … correlation between debt and growth. However, the link between debt and growth disappears once we correct for endogeneity. We … growth is important in the light of the fact that the negative correlation between debt and growth is sometimes used to …
Persistent link: https://www.econbiz.de/10010907066
This paper uses an instrumental variable approach to study whether public debt has a causal effect on economic growth … correlation between debt and growth. However, the link between debt and growth disappears once we instrument debt with a variable …
Persistent link: https://www.econbiz.de/10010610091
This paper uses an instrumental variable approach to study whether public debt has a causal effect on economic growth … correlation between debt and growth. However, the link between debt and growth disappears once we instrument debt with a variable …
Persistent link: https://www.econbiz.de/10010895530
Multilateral development finance is at a critical juncture. In the past 70 years, it has developed through four distinct stages. The Bretton Woods conference established the World Bank and the International Monetary Fund in 1944 to finance post-war reconstruction and stabilize the global...
Persistent link: https://www.econbiz.de/10010381537
Multilateral development finance is at a critical juncture. In the past 70 years, it has developed through four distinct stages. The Bretton Woods conference established the World Bank and the International Monetary Fund in 1944 to finance post-war reconstruction and stabilize the global...
Persistent link: https://www.econbiz.de/10013050039
In 1997, the Organisation for Economic Co-operation and Development (OECD) adopted the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (‘Convention’) which required each member state to make foreign bribery a crime in their respective...
Persistent link: https://www.econbiz.de/10014154923
Persistent link: https://www.econbiz.de/10010514147
Persistent link: https://www.econbiz.de/10009776302