The controversial findings by Reinhart and Rogoff have continuously generated debates on the threshold of debt towards GDP. Hence, the aim of this study is to examine whether there …
CO Manasseh, FC Abada, EL Okiche, O Okanya… - Plos one, 2022 - journals.plos.org
This study empirically examined the impact of external debt on economic growth. Also, the interactions of governance, external debt and external debt volatility were further …
BE Hansen - Journal of Business & Economic Statistics, 2017 - Taylor & Francis
This article explores estimation and inference in a regression kink model with an unknown threshold. A regression kink model (or continuous threshold model) is a threshold …
A Ndoricimpa - Journal of Economics and Development, 2020 - emerald.com
Purpose The purpose of this study is to seek to re-examine the threshold effects of public debt on economic growth in Africa. Design/methodology/approach This study applies panel …
This study examines the threshold effect of institutional quality on the sovereign debt- macroeconomic stability nexus using panel data from 133 countries covering the period from …
While other regions with better institutional quality have benefitted considerably from borrowing, sub-Saharan Africa continues to accumulate public debt with a long history of …
İ Özmen, M Mutascu - Journal of the Knowledge Economy, 2024 - Springer
This paper approaches the causality of public debt and economic growth from three perspectives: Historical for the data, theoretical for the relations, and econometrical for the …
L Yang, JJ Su - Journal of International Money and Finance, 2018 - Elsevier
This paper highlights the crucial role of a time-varying threshold effect of public debt on economic growth. Our contribution is twofold. First, we extend the constant-threshold …
How should small states formulate a countercyclical fiscal policy to achieve economic stability and fiscal sustainability when they are prone to natural disasters, climate change …