The 90% Public Debt Threshold The Rise and Fall of a Stylised Fact /
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The 90% Public Debt Threshold The Rise and Fall of a Stylised Fact /

This paper puts the original Reinhart-Rogoff dataset, made public by Herndon et al. (2013), to a formal econometric test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust. Taken with a pinch of salt, our results suggest, however, tha...

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Bibliographic Details
Main Author: Égert, Balázs
Corporate Author: OECD iLibrary
Format: Online
Language:English
Published: Paris : OECD Publishing, 2013.
Series:OECD working papers. Economic Department working papers ; no. 1055.
Access:Online version
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