Does Debt Have Threshold Effects on Medium-Term Growth? Evidence from European Union Countries
Debt has become an important factor in economic activity and its extent has incentivized many researchers to incorporate it into contemporary growth models. On the positive side, debt has the ability to smoothen private consumption, firms’ investment and government expenditure in relation to their c...
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| Format: | Article |
| Language: | English |
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Sciendo
2022-06-01
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| Series: | Naše Gospodarstvo |
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| Online Access: | https://doi.org/10.2478/ngoe-2022-0007 |