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causal relationships between public debt and economic growth [gross domestic product (GDP)]. Annual time-series data that … Database and WEO. Findings - The results reveal that public debt has no causal relationship with GDP in the short-run but there … is unidirectional Granger causality running from public debt to GDP in the long run. Again, investment spending has a …
Persistent link: https://www.econbiz.de/10012695133
all, on government spending, which, in turn, has an insignificant impact on GDP. The paper discusses some policy …
Persistent link: https://www.econbiz.de/10012914328
all, on government spending, which, in turn, has an insignificant impact on GDP. The paper discusses some policy …
Persistent link: https://www.econbiz.de/10011881574
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis-based on the local projection method-finds...
Persistent link: https://www.econbiz.de/10012252736
Persistent link: https://www.econbiz.de/10011456375
Persistent link: https://www.econbiz.de/10011578970
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis-based on the local projection method-finds...
Persistent link: https://www.econbiz.de/10012831612
Persistent link: https://www.econbiz.de/10012115789
Persistent link: https://www.econbiz.de/10001452382
Persistent link: https://www.econbiz.de/10001067571