Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/213885
Authors: 
Breuer, Christian
Colombier, Carsten
Year of Publication: 
2020
Series/Report no.: 
Chemnitz Economic Papers 036
Abstract: 
In this paper we examine the relationship between public debt and economic growth in a large historical panel dataset of 17 OECD economics over the period 1870 - 2016. We do not provide evidence for a statistically significant and robust relationship between government debt and growth. While our baseline regressions support the "conventional view" that government debt is negatively associated with economic growth, particularly in the aftermath of World War II, these results appear to be not robust to alternative specifications.
Subjects: 
Government Debt
Economic Growth
Robustness
JEL: 
E62
H56
H63
Document Type: 
Working Paper

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