Public debt is always toxic to economic growth
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Cited by:
- Ikonen, Pasi, 2017. "Financial depth, debt, and growth," Bank of Finland Scientific Monographs, Bank of Finland, volume 0, number e51, July.
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More about this item
Keywords
debt; government deficit; growth; causality;All these keywords.
JEL classification:
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FDG-2014-05-09 (Financial Development and Growth)
- NEP-GRO-2014-05-09 (Economic Growth)
- NEP-MAC-2014-05-09 (Macroeconomics)
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