Search Results - subject:"threshold eﬀects"

The 90% Public Debt Threshold: The Rise and Fall of a Stylised Fact

Égert, Balázs - 2013

instability may be a result of threshold effects changing over time within countries and depending on economic conditions, not … effects or low estimated thresholds may not preclude the emergence of further threshold effects, especially as public debt … on economic performance kicking in at already fairly moderate public debt levels. Furthermore, the absence of threshold …

Persistent link: https://www.econbiz.de/10010312846

Public Debt, Economic Growth and Nonlinear Effects: Myth or Reality

Egert, Balazs - 2013

This paper puts the Reinhart-Rogoff dataset to a formal econometric testing to see whether public debt has a negative nonlinear effect on growth if public debt exceeds 90% of GDP. Using nonlinear threshold models, we show that the negative nonlinear relationship between debt and growth is very...

Persistent link: https://www.econbiz.de/10010292693

Robust estimation and inference for threshold models with integrated regressors

Chen, Haiqiang - 2013

This paper studies the robust estimation and inference of threshold models with integrated regres- sors. We derive the asymptotic distribution of the profiled least squares (LS) estimator under the diminishing threshold effect assumption that the size of the threshold effect converges to zero....

Persistent link: https://www.econbiz.de/10010330970

Does too much finance harm economic growth?

Singh, Nirvikar; Law, Siong Hook - 2013

This study provides new evidence on the relationship between finance and economic growth using an innovative dynamic panel threshold technique. The sample consists of 87 developed and developing countries. The empirical results indicate that there is a threshold effect in the finance-growth...

Persistent link: https://www.econbiz.de/10010369492

Exports and Exchange Rate Movements: The Role of Credit Market Imperfections

n.a.m, Naseem; abu hassan shaari mohd, Nor; tamat, Sarmidi - Volkswirtschaftliche Fakultät, … - 2013

Focusing on a threshold regression analysis, the result provides new evidence that the negative effect of exchange rate depreciation on exports takes place as certain threshold level of credit market imperfection has been attained.

Persistent link: https://www.econbiz.de/10011107523

Public debt, economic growth and nonlinear effects: Myth or reality?

Égert, Balázs - William Davidson Institute, University of Michigan - 2013

Persistent link: https://www.econbiz.de/10011161374

The 90% Public Debt Threshold: The Rise & Fall of a Stylised Fact

Egert, Balazs - William Davidson Institute, University of Michigan - 2013

nonlinearities can be established. This instability may be a result of threshold effects changing over time within countries and … absence of threshold effects or low estimated thresholds may not preclude the emergence of further threshold effects …

Persistent link: https://www.econbiz.de/10011161382

Threshold Effects in Self-Enforcing International Environmental Agreements

Foucart, Renaud; Garsous, Grégoire - European Centre for Advanced Research in Economics and … - 2013

Persistent link: https://www.econbiz.de/10010826310

The 90% public debt threshold: The rise and fall of a stylised fact

Égert, Balázs - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2013

Persistent link: https://www.econbiz.de/10010992395

Financial development, threshold effects and convergence in developing and emerging countries

Allegret, Jean-pierre; Azzabi, Sana - In: Economics Bulletin 33 (2013) 3, pp. 1899-1921

test the presence of financial development threshold effects, on the one hand, between financial development and long …

Persistent link: https://www.econbiz.de/10010835862