Is There Any Government Debt Threshold in Four Selected Central European Countries?

Yu Hsing

The European Journal of Applied Economics, 2021, vol. 18, issue 1, 126-136

Abstract: This article shows that there is no government debt threshold in Hungary and Slovakia and that the respective government debt thresholds in Czechia and Poland are estimated to be 27.51% and 46.86%, which are far smaller than the 90% threshold suggested by Reinhart and Rogoff. Hence, the Reinhart-Rogoff threshold is not applicable to Czechia, Hungary, Poland and Slovakia.

Keywords: fiscal expansion; government debt; Reinhart-Rogoff threshold; production function. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sng:ejae01:141

DOI: 10.5937/EJAE18-29568

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