When is debt a drag on economic growth? - Economic Research Forum (ERF)

When is debt a drag on economic growth?

When is debt a drag on economic growth?

By Alexander Chudik, Kamiar Mohaddes, Mohammad Hashem Pesaran and Mehdi Raissi

Is there a tipping point for public indebtedness beyond which growth drops off significantly; and does a build-up of public debt slow the economy in the long run?..more