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Some don't think it's "stupid" ... "This study observes a negative relationship between government debt and growth. The point estimates of the range of econome
by tosseraccount 11y ago
Some don't think it's "stupid" ...
"This study observes a negative relationship between government debt and growth. The point estimates of the range of econometric specifications suggest a 10-percentage point increase in the debt-to-GDP ratio is associated with 23 basis point reduction in average growth. "
from : Government Debt and Economic Growth – Decomposing the Cause and Effect Relationship
link: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2601874 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2601874
- deleted 11y ago[deleted]