Public debt and economic growth: Is there a causal effect?
By U. Panizza, A. Presbitero. 2014
615 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/d255f257d90eb0b20214640f76c0fbc2d220e213
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In Economics and Econometrics
Citations in the corpus
- Public Debt, Economic Growth and Nonlinear Effects: Myth or Reality? (2015, positive): “Finally, in a recent contribution, Panizza and Presbitero (2012) argue that a negative correlation between debt and growth does not imply causality, as lower growth can result in a higher public debt to GDP ratio. This paper seeks to contribute to this literature by putting a variant of the Reinhart”
- Non-Linear Exchange Rate Pass-Through in Emerging Markets (2016, neutral): “(7) β̂ = βσ(2) ν + γiσ 2 ε σ2 ν + γ 2σ2 ε The bias of the OLS estimator is: (8) Bi = E(β̂)− β = γi(1− βγi) σ2 ν/σ 2 ε + γ 2 i Knowing that 0 < β < 1 (incomplete ERPT) and assuming that 0 < γ < 1 (which is (6)For a similar exercise see Panizza and Presbitero (2014)”
- Debt and Growth: Is There a Magic Threshold? (2014, background): “Among these, Panizza and Presbitero (2012) reject the hypothesis that high debt causes lower growth.”