Article ID Journal Published Year Pages File Type
5083870 International Review of Economics & Finance 2013 24 Pages PDF
Abstract
► We find a negative growth effect of the debt ratio. ► An endogenous debt ratio threshold of 59% can be derived. ► Stock and bond market development positively affects growth in the OECD. ► Results are robust to cross‐sectional dependence.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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