01883cas a2200337 a 4500 AALejournalIMF014237 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484306444 1018-5941 BD-DhAAL BD-DhAAL Pescatori, Andrea. Debt and Growth : Is There a Magic Threshold? / Andrea Pescatori, Damiano Sandri, John Simon. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (19 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Using a novel empirical approach and an extensive dataset developed by the Fiscal Affairs Department of the IMF, we find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised. Furthermore, we find the debt trajectory can be as important as the debt level in understanding future growth prospects, since countries with high but declining debt appear to grow equally as fast as countries with lower debt. Notwithstanding this, we find some evidence that higher debt is associated with a higher degree of output volatility. Mode of access: Internet Country Peer imf Growth Rate imf Growth imf Sovereign Debt imf WP imf Japan imf Sandri, Damiano. Simon, John. IMF Working Papers; Working Paper ; No. 2014/034 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/034/001.2014.issue-034-en.xml IMF e-Library