Public debt and macroeconomic stability among sub-Saharan African countries: a system GMM test approach
AbstractThis study examined the effect of public debt on macroeconomic stability among 45 sub-Saharan African (SSA) countries for the period 2005–2022 using the two-step system Generalized Method of Moments (GMM). The study disaggregated public debt into domestic and foreign borrowing and determined...
Main Authors: | Jerry Ogutu Sumba, Rogers Ochenge, Paul Mugambi, Collins Muimi Musafiri |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2024-12-01
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Series: | Cogent Economics & Finance |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2024.2326451 |
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