Bökemeier, Bettina; Clemens, Christiane - 2016
the public budget and participation in the Euro-zone. The analysis is based on data of European economies with a special … focus on twelve Euro-zone members and a control group of six non-Euro countries for the years from 1970 to 2014. The results … show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with …