Assessing the Optimum Growth|Maximizing Public Debt Threshold ...

A world of debt 2024 | UNCTAD

Global public debt has reached a record high of US$ 97 trillion in 2023. Although public debt in developing countries reached less than one third of the total ...

Reassessing the Public Debt Threshold in the EU - doiSerbia

finances in EU28 by lowering the optimal growth-maximizing public debt. ... Such bias in determining the optimal debt threshold level has been disputed on ...

Growth-maximizing public debt in turkey: An empirical investigation1

This result shows that public debt drives economic growth before counteracting it upon reaching the threshold level. 1.2. optimal debt level— ...

Optimal reduction of public debt under partial observation of the ...

The government observes the level of the debt-to-GDP ratio and an indicator of the state of the economy, but does not directly observe the ...

Optimal Reduction of Public Debt under Partial Observation of the ...

The government's criterion is to minimize the sum of the total expected costs of holding debt and of debt's reduction policies. We model this problem as a ...

A THRESHOLD REGRESSION APPROACH IN GHANA - DergiPark

... debt is growth-enhancing, whereas public debt above the threshold value is detrimental ... In contrast, studies on determining the debt threshold level on ...

Public debt dynamics and nonlinear effects on economic growth

Therefore, this study attempted to assess whether in the case of Rwanda, there exists a threshold level or a turning point above which the ...

Public Debt - Economic Growth Nexus in the WAMZ

Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic policy measures in the region to curb high ...

How much Debt is Optimal for the Major Indian States? Economic ...

Also public debt is found to be growth enhancing beyond a threshold capex to GSDP ratio ... Government debt and economic growth: Estimating the ...

The Impact of Government Debt on Growth | Cairn.info

Yet, in the path towards the steady-state, the effects of the debt limit on economic growth depend on the nature of the externality associated with public goods ...

Modelling the optimal growth- maximizing public debt threshold

... optimal growth -maximizing public debt threshold for Kenya by assessing the relationship between public debt and economic growth. The analysis determines ...

Economic Growth with Constraints on Tax Revenues and Public Debt

We also consider how an exogenous debt limit interacts with a constraint on the average effective tax rate for a government to restrain optimal fiscal policy.

Is There a Debt-threshold Effect on Output Growth?

... estimating the long-run effects of public debt build-up on economic growth, regardless of whether there exists a threshold effect from debt- to-GDP ratio on ...

Does the threshold effect of government debt on growth exist for ...

Estimating Optimum Growth-Maximizing Public. Debt Threshold for Nepal. NRB Economic Review, 32(2), 1–28. 16. Blanchard, O. (2019). Public Debt and Low ...

CHAPTER 2 - Benefits and Costs of Debt - World Bank

Government investment in physical and human capital can provide an important foundation for stronger growth over. Page 3. CHAPTER 2. 37. GLOBAL WAVES OF DEBT.

Growth in a Time of Debt - American Economic Association

202⒋ Estimation of the public debt threshold effects on economic growth in ... 202⒊ Optimal correction of the public debt and measures of fiscal soundness ...

Analyzing the Threshold Impact of Public Debt on Economic Growth

These statistics are used to assess. 17. B. Gashim, G. Rexhepi. CEJEME 16: 1-24 (2024). Page 18. Burim Gashim and Gazmore Rexhepi the ...

Debt, economic growth and threshold effects - Emerald Insight

Moreover, Law, Ng, Kutan, and Law (2021) calculated the threshold value of public debt-to-GDP in 71 ratio developing nations from 1984 to 2015, ...

A brief survey of the literature on optimal public debt

limited “optimal” (growth-maximizing) government debt level at 50-80% of GDP (OECD,. 2015). Their argument was that productivity-enhancing public investment ...

Public Debt Sustainability and Fiscal Reaction Functions in Latin ...

Assessing debt sustainability requires knowledge of the FRF to identify both the debt thresholds ... growth rates to assess the debt dynamics and determine ...