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...

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Bibliographic Details
Main Authors: Andrew Phiri, Asanda Fotoyi
Format: Article
Language:English
Published: University of Primorska 2023-06-01
Series:Managing Global Transitions
Subjects:
Online Access:https://ojs.upr.si/index.php/fm/article/view/71