Debt and Economic Performance
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Debt and Economic Performance

Cristina D. Checherita-Westphal

This compelling research review touches on the contemporary debates in macroeconomics that have consequentially emerged as a result of government debt. Should governments tolerate high public debt or become more indebted given the now prevailing low interest rates? Or is high public debt bad for private sector confidence and growth, by feeding uncertainty, expectation of future tax hikes and an imminent collapse in the wake of the next crisis? This review presents a collection of articles reflecting on these complex and intriguing topics. This review will be useful for policy makers and academics alike, while being particularly suited for those wishing to explore this exciting research area further.
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About this Research Review

Cristina D. Checherita-Westphal

About Elgar Research Reviews

Elgar Research Reviews consist of two principal components: a scholarly literature review article and a list of recommended readings.

Each literature review article is prepared by a leading scholar and introduces the relevant field of academic study by surveying the seminal and most transformative articles within that field. The article sets the recommended readings into context, revealing how they have shaped scholarship and why they are important to the development of the field. To facilitate further research the recommended readings are fully referenced.

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Debt and Economic Performance

Cristina D. Checherita-Westphal (ed.)

ISBN 9781786439086

The print edition includes the full text of the literature review article and of the recommended readings. Each recommended reading is presented exactly as it appeared in its original setting.

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