Economics, Econometrics and Finance
4 years ago

Government debt hinders economic growth in most G7 countries, study finds.

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Modern Economy
Are Government Bonds Net Wealth? Some Empirical Evidence
Tito Belchior Silva Moreira, Geraldo da Silva e Souza, Fernando Antônio Ribeiro Soares

Paper Summary

The article investigates how government debt affects economic growth in G7 countries from 1990 to 2008. The study shows that only Germany has a negative link between public debt and economic growth. The US and France have a balanced relationship, while the UK, Japan, Italy, and Canada have a positive connection between public debt and economic growth.

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