Economy: Economic News, Policy & Analysis - The Washington Post: Study: ‘Debt reduces growth, but only because high debt leads to panic and contractionary policies’

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Study: 'Debt reduces growth, but only because high debt leads to panic and contractionary policies' Apr 22nd 2012, 19:44 There's growing evidence that low economic growth tends to accompany high levels of government debt, leading many policymakers to believe that high debt itself impedes growth. But Ugo Panizza and Andrea Presbitero say many policymakers are misunderstanding what's really going on, as they explain in a new paper for VoxEU: Read full article >>

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