The Impact of Growing Public Debt on Economic Growth in the European Union

The paper attempts to empirically explore the transmission mechanism regarding the short-term impact of public debt and growth. We examine and evaluate the direct effect of higher indebtedness on economic growth for countries in the EU which are in the epicentre of the current sovereign debt crisis....

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Bibliographic Details
Main Authors: Jernej Mencinger, Aleksander Aristovnik, Miroslav Verbič
Format: Article
Language:English
Published: Editura ASE 2014-02-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1274
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