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 …

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 …

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 …

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 …

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 …

makers and academics on the growth effects of large public debts. Recent empiri-cal studies investigate the impact of public … debt on growth in advanced and emerging countries. This paper aims at complementing the existing evidence focusing on … over the period 1990-2007 show that public debt has a negative impact on output growth up to a threshold of 90 percent of …

makers and academics on the growth effects of large public debts. Recent empirical studies investigate the impact of public … debt on growth in advanced and emerging countries. This paper aims at complementing the existing evidence focusing on … over the period 1990-2007 show that public debt has a negative impact on output growth up to a threshold of 90 percent of …