Rajaguru, Gulasekaran; Khan, Safdar Ullah; Ur Rahman, Habib - In: Journal of risk and financial management : JRFM 14 (2021) 7, pp. 1-13
, net public debt, and net financial liabilities. We used a threshold regression model and compared results with the …, and that the primary surplus remains unaffected by increasing levels of public debt. In contrast, the threshold regression … deficit and surplus as a threshold in response to changes in public debt. The results from the sequential threshold regression …