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Status: Unchecked ×Keyword: central government debt ×Clear all

1 claim from 1 paper

1. Economics, Econometrics and Finance › Fiscal Policies and Political Economy

   The 90% public debt threshold: the rise and fall of a stylized fact

   Égert · Applied Economics · 2015

   The paper tests the Reinhart–Rogoff debt and growth data for thresholds and reports that the nonlinear link is not robust, with possible lower thresholds and wide differences between countries.

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   1. UncheckedThe paper says its tests formally confirm that the much-cited 90% public debt threshold for growth does not appear in the Reinhart–Rogoff data.“Our results are a formal econometric confirmation that the 90% public debt threshold is not in the Reinhart–Rogoff data.”