The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area

Author:

Checherita-Westphal Cristina,Rother Philipp

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference23 articles.

1. Aizenman, J., Kletzer K., Pinto B., 2007. Economic Growth with Constraints on Tax Revenues and Public Debt: Implications for Fiscal Policy and Cross-Country Differences. NBER Working Paper 12750.

2. Fiscal discipline and the cost of public debt service: some estimates for OECD countries;Ardagna;The B.E. Journal of Macroeconomics,2007

3. Do states optimize? Public capital and economic growth;Aschauer;The Annals of Regional Science,2000

4. Baum, A., Checherita-Westphal C., Rother P., 2012. Debt and Growth: New Evidence for the Euro Area. ECB Working Paper nr. 1450, July.

5. Baum, C. F., Schaffer M. E., Stillman S., 2007. ivreg2: Stata Module for Extended Instrumental Variables/2SLS, GMM and AC/HAC, LIML, and k-class Regression. Boston College Department of Economics, Statistical Software Components S425401. Downloadable from 〈http://ideas.repec.org/c/boc/bocode/s425401.html〉.

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