Public Debt and Economic Growth: There Is No ‘Tipping Point’

by Markus Eberhardt and Andrea F. Presbitero, Voxeu.org Published at Voxeu.org 17 November 2013 The idea that there is a common tipping point in the relationship between public debt and economic growth is still widespread. However, this is likely due to a misinterpretation of the existing evidence. Once we allow for the relationship between debt …

Public Debt and Economic Growth, One More Time

by Ugo Panizza and Andrea F Presbitero This post was originally published by Voxeu.org The very public Rogoff-Reinhart kerfuffle has focused on what is not true. This column reviews the evidence on what is true. It suggests that the debt-growth link is more complex than commonly thought. While there is evidence that public debt is …