How Much Is Too Much Debt for South Africa? A Threshold Nonlinear Autoregressive Distributive Lag (T-NARDL) Perspective
Since the global financial crisis, South African fiscal authorities have acquired debt at a faster rate compared to other economies, which, according to recent growth theory, implies that the economy has a lower debt tolerance or threshold level than previously thought. Our study presents country-s...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
University of Primorska
2023-06-01
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Series: | Managing Global Transitions |
Subjects: | |
Online Access: | https://ojs.upr.si/index.php/fm/article/view/71 |