Title:
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On the time-varying nature of the debt-growth nexus: Evidence from the euro area
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Author:
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Gómez-Puig, Marta; Sosvilla Rivero, Simón, 1961-
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Other authors:
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Universitat de Barcelona |
Abstract:
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This paper uses the DCC-GARCH model to investigate the existence of time-varying correlations between public debt and economic growth. To that end, we use annual data from both central and peripheral countries of the euro area for the period 1961-2015. The results suggest that the relationships between these variables are time-varying and that on some countries and for some periods, there is a positive association between them. |
Subject(s):
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-Deute públic -Creixement econòmic -Variables (Matemàtica) -Zona euro -Public debt -Economic growth -Variables (Mathematics) -Eurozone |
Rights:
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(c) Taylor and Francis, 2018
info:eu-repo/semantics/embargoedAccess |
Document type:
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Article Article - Accepted version |
Published by:
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Taylor and Francis
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