The Heterogeneous Public Debt–Growth Relationship: The Role of the Expenditure Multiplier

Currently countries are facing a new crisis caused by the COVID-19, which leads to the rise of government expenditures and additional borrowing. This situation highlights the importance of examine factors which determine the level of public debt that still sustains economic growth. A growing body of...

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Bibliographic Details
Main Authors: Mindaugas Butkus, Diana Cibulskiene, Lina Garsviene, Janina Seputiene
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/9/4602