Baum, Anja; Checherita-Westphal, Cristina; Rother, Philipp - In: Journal of International Money and Finance 32 (2013) C, pp. 809-821
Against the background of the euro area sovereign debt crisis, our paper investigates the relationship between public … methodology in order to analyse the non-linear impact of public debt on GDP growth. Second, we focus on 12 euro area countries for … the period 1990–2010, therefore adding to the current discussion on debt sustainability in the euro area. Our empirical …