Does debt predict growth? An empirical analysis of the relationship between total debt and economic output
Although the recent global financial crisis has stimulated a vast amount of research on the impact of public debt on economic growth and also increasingly on the role of private credit, the total levels of indebtedness of an economy have largely been ignored. This paper studies the impact of the tot...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of A Coruna
2015-12-01
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| Series: | European Journal of Government and Economics |
| Subjects: | |
| Online Access: | http://revistas.udc.es/index.php/ejge/article/view/4308 |