show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with …

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 increase in public debt is even more justified given the nature of …

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 deleterious impact on long-term growth—at about 90-100% of GDP. Confidence …

Against the background of the euro area sovereign debt crisis, our paper investigates the relationship between public … debt and economic growth and adds to the existing literature in the following ways. First, we extend the threshold panel … methodology by Hansen (1999) to a dynamic setting in order to analyse the nonlinear impact of public debt on GDP growth. Second …

The paper attempts to empirically explore the transmission mechanism regarding the short-term impact of public debt and … in the epicentre of the current sovereign debt crisis. In comparison to similar empirical studies, our research will add … the impact of the level of the debt-to-GDP ratio on the real growth rate of GDP, we employ a panel estimation on a …

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 deleterious impact on long-term growth—at about 90-100% of GDP. Confidence …

productive public capital, utility enhancing public consumption and public debt. We find that a fixed deficit regime does not …

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 deleterious impact on long-term growth — at about 90-100% of GDP …

The paper attempts to empirically explore the transmission mechanism regarding the short-term impact of public debt and … in the epicentre of the current sovereign debt crisis. In comparison to similar empirical studies, our research will add … the impact of the level of the debt-to-GDP ratio on the real growth rate of GDP, we employ a panel estimation on a …

Against the background of the euro area sovereign debt crisis, our paper investigates the relationship between public … debt and economic growth and adds to the existing literature in the following ways. First, we use a dynamic threshold panel … methodology in order to analyse the non-linear impact of public debt on GDP growth. Second, we focus on 12 euro area countries for …