KUNCORO, Haryo - In: Journal of Applied Research in Finance Bi-Annually III (2011) 1, pp. 50-61
This paper is designed to analyze the impact of public debt on economic growth in the case of Indonesia over the period of 1999-2009. First, we explore the literature of the debt dynamics as well as fiscal sustainability. Second, we develop a fiscal model of economic growth. Finally, we estimate...