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Fiscal sustainability using growth-maximizing debt targets
Checherita-Westphal, Cristina; Hughes Hallett, Andrew; … - In: Applied economics 46 (2014) 4/6, pp. 638-647
Persistent link: https://www.econbiz.de/10010358739
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The impact of high and growing government debt on economic growth : an empirical investigation for the euro area
Checherita-Westphal, Cristina; Rother, Philipp C. - 2010
This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries over a period of about 40 years starting in 1970. It finds a non-linear impact of debt on growth with a turning point—beyond which the government debt-to-GDP ratio has a...
Persistent link: https://www.econbiz.de/10008657130
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The impact of high government debt on economic growth and its channels : an empirical investigation for the euro area
Checherita-Westphal, Cristina; Rother, Philipp C. - In: European economic review : EER 56 (2012) 7, pp. 1392-1405
Persistent link: https://www.econbiz.de/10009702582
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Economic consequences of high public debt : evidence from three large scale DSGE models
Burriel, Pablo; Checherita-Westphal, Cristina; … - 2020
Persistent link: https://www.econbiz.de/10012491670
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Economic consequences of high public debt: evidence from three large scale DSGE models
Burriel, Pablo; Checherita-Westphal, Cristina; … - 2020
The paper reviews the economic risks associated with regimes of high public debt through DSGE model simulations. The large public debt build-up following the 2009 global financial and economic crisis acted as a shock absorber for output, while in the recent and more severe COVID19-crisis, an...
Persistent link: https://www.econbiz.de/10012251324
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Debt and economic performance
Checherita-Westphal, Cristina (ed.) - 2019
Persistent link: https://www.econbiz.de/10011974328
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Debt and growth : new evidence for the euro area
Baum, Anja; Checherita-Westphal, Cristina; Rother, … - 2012
Persistent link: https://www.econbiz.de/10009765167
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Debt and growth : new evidence for the euro area
Baum, Anja; Checherita-Westphal, Cristina; Rother, … - In: Journal of international money and finance 32 (2013), pp. 809-821
Persistent link: https://www.econbiz.de/10009733464
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Debt and economic performance
Checherita-Westphal, Cristina (ed.) - 2019
-Westphal, Andrew Hughes Hallet and Philipp Rother (2014), 'Fiscal Sustainability using Growth-Maximising Debt Targets', Applied …
Persistent link: https://www.econbiz.de/10012251692
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The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area
Checherita-Westphal, Cristina; Rother, Philipp - In: European Economic Review 56 (2012) 7, pp. 1392-1405
This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries over a period of about 40 years starting in 1970. It finds a non-linear impact of debt on growth with a turning point – beyond which the government debt-to-GDP ratio has a...
Persistent link: https://www.econbiz.de/10010580680