Cecchetti , Mohanty and Zampolli The real effects of debt The real effects of debt

By Stephen G. Cecchetti, M. Mohanty, Fabrizio Zampolli. 2011

641 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/8a58b80980cc8f5d1ae021c2a624770385ebb32b

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Citations in the corpus

Reassessing the Impact of Finance on Growth (2012, unknown): “And as discussed in more detail by Cecchetti et al (2011), under normal circumstances we would expect to see debt at much lower levels than these thresholds.”
Global Waves of Debt: Causes and Consequences (2021, background): “…of approaches to identify the most frequent 2 Several studies have examined the impact of mounting government debt in advanced economies (BIS 2015; Cecchetti, Mohanty, and Zampolli 2011; Erhardt and Presbitero 2015; Eichengreen et al. 2019; Mbaye, Moreno-Badia, and Chae 2018a; OECD 2017; Panizza…”
In sickness and in debt: The COVID-19 impact on sovereign credit risk (2020, background): “For additional evidence on the relation between debt and growth, see Kumar and Woo (2010) , Cecchetti et al. (2011) , ChecheritaWestphal and Rother (2011) , Herndon et al. (2013) , and Eberhardt and Presbitero (2015) .”
Debt and Growth: Is There a Magic Threshold? (2014, methodology): “Similarly, and even more mechanically, a recession will raise the debt to GDP ratio because the denominator decreases.”
Public Debt, Economic Growth and Nonlinear Effects: Myth or Reality? (2015, unknown): “For a group of selected advanced countries, average GDP growth drops from around 3% to below 2% as public debt passes the threshold of 90% of GDP.”
Debt Overhangs: Past and Present (2012, unknown): “Kumar and Woo (2010) and Cecchetti, Mohanty, and Zampolli (2011) also find statistical support of a similarly sized effect.”
Financial Stability and Monetary Policy: How Closely Interlinked? (2014, background): “22 See also Cecchetti et al. (2011). 23 See Smets (2012) for a more detailed description of the growing intra-euro area imbalances and the ECB’s monetary policy response.”
Government Debt and Economic Growth (2013, background): “This result is in line with the literature that emphasizes the growth-enhancing effects of fiscal discipline and low levels of public debt (Kneller, Bleaney, and Gemmell, 1999; Gupta et al., 2005; Cecchetti, Mohanty, and Zampolli, 2011; Checherita and Rother, 2010; Reinhart and Rogoff, 2010).”
Public debt and economic growth: Is there a causal effect? (2014, methodology): “When we conduct the same experiment using our data, we find a pattern similar to that of Cecchetti et al. (2011) but with slightly lower values of the LR statistics (the solid line in Figure 10).”
Debt and Financial Vulnerability on the Verge of Retirement (2019, background): “For a given shock, the higher the debt, the higher the probability of defaulting (Cecchetti, Mohanty, and Zampolli, 2011).”
Regression Kink With an Unknown Threshold (2017, methodology): “We write the fitted regression function as  = b 0(b ) + b  (6) In (6), b  are the (non-linear) least-squares residuals.”
Public debt and economic growth: panel data evidence for Asian countries (2020, methodology): “Cecchetti et al. (2011) based on an analysis of 18 OECD economies argues that there is a threshold at 85% debt to GDP which if exceeded leads to a reduction in future economic growth. They find that after the threshold an increase of 10% in the government debt to GDP ratio will lower annual economic”
An empirical retrospect of the impacts of government expenditures on economic growth: new evidence from the Nigerian economy (2020, background): “These include the work of Reinhart and Rogoff (2010) with the finding that a debt to GDP ratio that exceeds 90% can slow down growth and the work of Cecchetti et al. (2011) which suggests a Debt to GDP ratio of 85% for eighteen Organisation for Economic Co-operation and Development (OECD) member cou”