id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
aisthesis-39	Lechtenberg, Luke	The Debt-to-Threshold Effect On Output: A Country-Specific Analysis	2017	9	.pdf	application/pdf	3558	186	63	To explain, if Chudik et al.’s findings hold, then countries without significant debt thresholds should have debt levels that are either falling or low. This paper reviews some of the theoretical and empirical economics literature on this topic, and unlike Reinhart and Rogoff (2010), who establish a general debt threshold for all countries, this paper establishes debt thresholds for individual countries through threshold regression analysis and supports the theory proposed by Chudik et al. (2015) that debt trajectory, not the level of debt, is what affects GDP growth.	cache/aisthesis-39.pdf	txt/aisthesis-39.txt