“Heterogeneity in the debt-growth nexus: Evidence from EMU
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“Debt-growth linkages in EMU across countries and time horizons”
This paper contributes to the literature by empirically examining whether the influence of public debt on economic growth differs between the short and the long run and presents different patterns across euro-area countries. To this end, we use annual data from both central and peripheral countries of the European Economic and Monetary Union (EMU) for the 1960-2012 period and estimate a growth ...
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