İktisadi İdari Bilimler Fakültesi / Faculty of Economics and Administrative Sciences

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    Debt and Economic Growth Nexus in the US: Evidence from Asymmetric Casuality
    (11. Uluslararası İstatistik Kongresi, 2019-10) GÜMÜŞOĞLU, NEBİLE KORUCU; 115505
    The relationship between economic growth and debt has been studied for decades. This (casual) relationship can be different according to debt types, regions and countries. In this sense, the main motivation of this study is to find out if there is a casual relationship. Moreover, we aim to analyze the nonlinearity between economic growth and debt for the US. This asymmetric relationship is analyzed by vector error correction model. Preliminary results show that there is an asymmetric causality for debt and growth.