id	sid	tid	token	lemma	pos
ejge-4308	1	1	microsoft	microsoft	PROPN
ejge-4308	1	2	word	word	PROPN
ejge-4308	1	3	ejge_04_2015-010.docx	ejge_04_2015-010.docx	VERB
ejge-4308	1	4	european	european	ADJ
ejge-4308	1	5	journal	journal	PROPN
ejge-4308	1	6	of	of	ADP
ejge-4308	1	7	government	government	NOUN
ejge-4308	1	8	and	and	CCONJ
ejge-4308	1	9	economics	economic	NOUN
ejge-4308	1	10	volume	volume	NOUN
ejge-4308	1	11	4	4	NUM
ejge-4308	1	12	,	,	PUNCT
ejge-4308	1	13	number	number	NOUN
ejge-4308	1	14	2	2	NUM
ejge-4308	1	15	(	(	PUNCT
ejge-4308	1	16	december	december	PROPN
ejge-4308	1	17	2015	2015	NUM
ejge-4308	1	18	)	)	PUNCT
ejge-4308	1	19	issn	issn	PROPN
ejge-4308	1	20	:	:	PUNCT
ejge-4308	1	21	2254	2254	NUM
ejge-4308	1	22	-	-	SYM
ejge-4308	1	23	7088	7088	NUM
ejge-4308	1	24	79	79	NUM
ejge-4308	1	25	does	do	AUX
ejge-4308	1	26	debt	debt	NOUN
ejge-4308	1	27	predict	predict	VERB
ejge-4308	1	28	growth	growth	NOUN
ejge-4308	1	29	?	?	PUNCT
ejge-4308	2	1	an	an	DET
ejge-4308	2	2	empirical	empirical	ADJ
ejge-4308	2	3	analysis	analysis	NOUN
ejge-4308	2	4	of	of	ADP
ejge-4308	2	5	the	the	DET
ejge-4308	2	6	relationship	relationship	NOUN
ejge-4308	2	7	between	between	ADP
ejge-4308	2	8	total	total	ADJ
ejge-4308	2	9	debt	debt	NOUN
ejge-4308	2	10	and	and	CCONJ
ejge-4308	2	11	economic	economic	ADJ
ejge-4308	2	12	output	output	NOUN
ejge-4308	2	13	willem	willem	PROPN
ejge-4308	2	14	vanlaer	vanlaer	PROPN
ejge-4308	2	15	,	,	PUNCT
ejge-4308	2	16	hasselt	hasselt	PROPN
ejge-4308	2	17	university	university	PROPN
ejge-4308	2	18	,	,	PUNCT
ejge-4308	2	19	belgium	belgium	PROPN
ejge-4308	2	20	wim	wim	PROPN
ejge-4308	2	21	marneffe	marneffe	PROPN
ejge-4308	2	22	,	,	PUNCT
ejge-4308	2	23	hasselt	hasselt	PROPN
ejge-4308	2	24	university	university	PROPN
ejge-4308	2	25	,	,	PUNCT
ejge-4308	2	26	belgium	belgium	PROPN
ejge-4308	2	27	lode	lode	PROPN
ejge-4308	2	28	vereeck	vereeck	PROPN
ejge-4308	2	29	,	,	PUNCT
ejge-4308	2	30	hasselt	hasselt	PROPN
ejge-4308	2	31	university	university	PROPN
ejge-4308	2	32	,	,	PUNCT
ejge-4308	2	33	belgium	belgium	PROPN
ejge-4308	2	34	johan	johan	PROPN
ejge-4308	2	35	van	van	PROPN
ejge-4308	2	36	overtveldt	overtveldt	PROPN
ejge-4308	2	37	,	,	PUNCT
ejge-4308	2	38	hasselt	hasselt	PROPN
ejge-4308	2	39	university	university	PROPN
ejge-4308	2	40	,	,	PUNCT
ejge-4308	2	41	belgium	belgium	PROPN
ejge-4308	2	42	abstract	abstract	NOUN
ejge-4308	2	43	although	although	SCONJ
ejge-4308	2	44	the	the	DET
ejge-4308	2	45	recent	recent	ADJ
ejge-4308	2	46	global	global	ADJ
ejge-4308	2	47	financial	financial	ADJ
ejge-4308	2	48	crisis	crisis	NOUN
ejge-4308	2	49	has	have	AUX
ejge-4308	2	50	stimulated	stimulate	VERB
ejge-4308	2	51	a	a	DET
ejge-4308	2	52	vast	vast	ADJ
ejge-4308	2	53	amount	amount	NOUN
ejge-4308	2	54	of	of	ADP
ejge-4308	2	55	research	research	NOUN
ejge-4308	2	56	on	on	ADP
ejge-4308	2	57	the	the	DET
ejge-4308	2	58	impact	impact	NOUN
ejge-4308	2	59	of	of	ADP
ejge-4308	2	60	public	public	ADJ
ejge-4308	2	61	debt	debt	NOUN
ejge-4308	2	62	on	on	ADP
ejge-4308	2	63	economic	economic	ADJ
ejge-4308	2	64	growth	growth	NOUN
ejge-4308	2	65	and	and	CCONJ
ejge-4308	2	66	also	also	ADV
ejge-4308	2	67	increasingly	increasingly	ADV
ejge-4308	2	68	on	on	ADP
ejge-4308	2	69	the	the	DET
ejge-4308	2	70	role	role	NOUN
ejge-4308	2	71	of	of	ADP
ejge-4308	2	72	private	private	ADJ
ejge-4308	2	73	credit	credit	NOUN
ejge-4308	2	74	,	,	PUNCT
ejge-4308	2	75	the	the	DET
ejge-4308	2	76	total	total	ADJ
ejge-4308	2	77	levels	level	NOUN
ejge-4308	2	78	of	of	ADP
ejge-4308	2	79	indebtedness	indebtedness	NOUN
ejge-4308	2	80	of	of	ADP
ejge-4308	2	81	an	an	DET
ejge-4308	2	82	economy	economy	NOUN
ejge-4308	2	83	have	have	AUX
ejge-4308	2	84	largely	largely	ADV
ejge-4308	2	85	been	be	AUX
ejge-4308	2	86	ignored	ignore	VERB
ejge-4308	2	87	.	.	PUNCT
ejge-4308	3	1	this	this	DET
ejge-4308	3	2	paper	paper	NOUN
ejge-4308	3	3	studies	study	VERB
ejge-4308	3	4	the	the	DET
ejge-4308	3	5	impact	impact	NOUN
ejge-4308	3	6	of	of	ADP
ejge-4308	3	7	the	the	DET
ejge-4308	3	8	total	total	ADJ
ejge-4308	3	9	level	level	NOUN
ejge-4308	3	10	of	of	ADP
ejge-4308	3	11	and	and	CCONJ
ejge-4308	3	12	increases	increase	NOUN
ejge-4308	3	13	in	in	ADP
ejge-4308	3	14	debt	debt	NOUN
ejge-4308	3	15	-	-	PUNCT
ejge-4308	3	16	togdp	togdp	NOUN
ejge-4308	3	17	on	on	ADP
ejge-4308	3	18	economic	economic	ADJ
ejge-4308	3	19	growth	growth	NOUN
ejge-4308	3	20	for	for	ADP
ejge-4308	3	21	26	26	NUM
ejge-4308	3	22	developed	develop	VERB
ejge-4308	3	23	countries	country	NOUN
ejge-4308	3	24	in	in	ADP
ejge-4308	3	25	the	the	DET
ejge-4308	3	26	short	short	ADJ
ejge-4308	3	27	,	,	PUNCT
ejge-4308	3	28	medium	medium	ADJ
ejge-4308	3	29	and	and	CCONJ
ejge-4308	3	30	longer	long	ADJ
ejge-4308	3	31	term	term	NOUN
ejge-4308	3	32	.	.	PUNCT
ejge-4308	4	1	we	we	PRON
ejge-4308	4	2	analyse	analyse	VERB
ejge-4308	4	3	whether	whether	SCONJ
ejge-4308	4	4	we	we	PRON
ejge-4308	4	5	can	can	AUX
ejge-4308	4	6	predict	predict	VERB
ejge-4308	4	7	the	the	DET
ejge-4308	4	8	future	future	ADJ
ejge-4308	4	9	level	level	NOUN
ejge-4308	4	10	of	of	ADP
ejge-4308	4	11	growth	growth	NOUN
ejge-4308	4	12	,	,	PUNCT
ejge-4308	4	13	simply	simply	ADV
ejge-4308	4	14	by	by	ADP
ejge-4308	4	15	looking	look	VERB
ejge-4308	4	16	at	at	ADP
ejge-4308	4	17	the	the	DET
ejge-4308	4	18	total	total	ADJ
ejge-4308	4	19	level	level	NOUN
ejge-4308	4	20	of	of	ADP
ejge-4308	4	21	debt	debt	NOUN
ejge-4308	4	22	,	,	PUNCT
ejge-4308	4	23	or	or	CCONJ
ejge-4308	4	24	increases	increase	NOUN
ejge-4308	4	25	in	in	ADP
ejge-4308	4	26	that	that	DET
ejge-4308	4	27	debt	debt	NOUN
ejge-4308	4	28	level	level	NOUN
ejge-4308	4	29	.	.	PUNCT
ejge-4308	5	1	we	we	PRON
ejge-4308	5	2	find	find	VERB
ejge-4308	5	3	that	that	SCONJ
ejge-4308	5	4	there	there	PRON
ejge-4308	5	5	is	be	VERB
ejge-4308	5	6	a	a	DET
ejge-4308	5	7	negative	negative	ADJ
ejge-4308	5	8	correlation	correlation	NOUN
ejge-4308	5	9	between	between	ADP
ejge-4308	5	10	high	high	ADJ
ejge-4308	5	11	levels	level	NOUN
ejge-4308	5	12	of	of	ADP
ejge-4308	5	13	debt	debt	NOUN
ejge-4308	5	14	and	and	CCONJ
ejge-4308	5	15	short	short	ADJ
ejge-4308	5	16	term	term	NOUN
ejge-4308	5	17	economic	economic	ADJ
ejge-4308	5	18	growth	growth	NOUN
ejge-4308	5	19	,	,	PUNCT
ejge-4308	5	20	but	but	CCONJ
ejge-4308	5	21	that	that	SCONJ
ejge-4308	5	22	this	this	DET
ejge-4308	5	23	effect	effect	NOUN
ejge-4308	5	24	tapers	taper	VERB
ejge-4308	5	25	in	in	ADP
ejge-4308	5	26	the	the	DET
ejge-4308	5	27	medium	medium	ADJ
ejge-4308	5	28	and	and	CCONJ
ejge-4308	5	29	long	long	ADJ
ejge-4308	5	30	term	term	NOUN
ejge-4308	5	31	.	.	PUNCT
ejge-4308	6	1	similarly	similarly	ADV
ejge-4308	6	2	,	,	PUNCT
ejge-4308	6	3	we	we	PRON
ejge-4308	6	4	find	find	VERB
ejge-4308	6	5	that	that	SCONJ
ejge-4308	6	6	rapid	rapid	ADJ
ejge-4308	6	7	debt	debt	NOUN
ejge-4308	6	8	accumulation	accumulation	NOUN
ejge-4308	6	9	is	be	AUX
ejge-4308	6	10	negatively	negatively	ADV
ejge-4308	6	11	related	relate	VERB
ejge-4308	6	12	to	to	ADP
ejge-4308	6	13	economic	economic	ADJ
ejge-4308	6	14	growth	growth	NOUN
ejge-4308	6	15	over	over	ADP
ejge-4308	6	16	the	the	DET
ejge-4308	6	17	short	short	ADJ
ejge-4308	6	18	term	term	NOUN
ejge-4308	6	19	,	,	PUNCT
ejge-4308	6	20	the	the	DET
ejge-4308	6	21	impact	impact	NOUN
ejge-4308	6	22	is	be	AUX
ejge-4308	6	23	less	less	ADV
ejge-4308	6	24	pronounced	pronounce	VERB
ejge-4308	6	25	over	over	ADP
ejge-4308	6	26	the	the	DET
ejge-4308	6	27	medium	medium	ADJ
ejge-4308	6	28	term	term	NOUN
ejge-4308	6	29	and	and	CCONJ
ejge-4308	6	30	is	be	AUX
ejge-4308	6	31	nonexistent	nonexistent	ADJ
ejge-4308	6	32	over	over	ADP
ejge-4308	6	33	the	the	DET
ejge-4308	6	34	long	long	ADJ
ejge-4308	6	35	term	term	NOUN
ejge-4308	6	36	.	.	PUNCT
ejge-4308	7	1	jel	jel	PROPN
ejge-4308	7	2	classification	classification	NOUN
ejge-4308	7	3	h63	h63	NOUN
ejge-4308	7	4	;	;	PUNCT
ejge-4308	7	5	o40	o40	NOUN
ejge-4308	7	6	.	.	PUNCT
ejge-4308	8	1	keywords	keyword	VERB
ejge-4308	8	2	public	public	ADJ
ejge-4308	8	3	debt	debt	NOUN
ejge-4308	8	4	;	;	PUNCT
ejge-4308	8	5	government	government	NOUN
ejge-4308	8	6	debt	debt	NOUN
ejge-4308	8	7	;	;	PUNCT
ejge-4308	8	8	private	private	ADJ
ejge-4308	8	9	debt	debt	NOUN
ejge-4308	8	10	;	;	PUNCT
ejge-4308	8	11	growth	growth	NOUN
ejge-4308	8	12	;	;	PUNCT
ejge-4308	8	13	oecd	oecd	PROPN
ejge-4308	8	14	countries	country	NOUN
ejge-4308	8	15	.	.	PUNCT
ejge-4308	9	1	acknowledgements	acknowledgement	NOUN
ejge-4308	9	2	we	we	PRON
ejge-4308	9	3	thank	thank	VERB
ejge-4308	9	4	the	the	DET
ejge-4308	9	5	participants	participant	NOUN
ejge-4308	9	6	of	of	ADP
ejge-4308	9	7	5th	5th	ADJ
ejge-4308	9	8	global	global	ADJ
ejge-4308	9	9	conference	conference	NOUN
ejge-4308	9	10	of	of	ADP
ejge-4308	9	11	the	the	DET
ejge-4308	9	12	forum	forum	NOUN
ejge-4308	9	13	for	for	ADP
ejge-4308	9	14	economists	economist	NOUN
ejge-4308	9	15	international	international	ADJ
ejge-4308	9	16	in	in	ADP
ejge-4308	9	17	amsterdam	amsterdam	PROPN
ejge-4308	9	18	&	&	CCONJ
ejge-4308	9	19	pet15	pet15	PROPN
ejge-4308	9	20	in	in	ADP
ejge-4308	9	21	luxembourg	luxembourg	PROPN
ejge-4308	9	22	for	for	ADP
ejge-4308	9	23	their	their	PRON
ejge-4308	9	24	very	very	ADV
ejge-4308	9	25	useful	useful	ADJ
ejge-4308	9	26	comments	comment	NOUN
ejge-4308	9	27	and	and	CCONJ
ejge-4308	9	28	insights	insight	NOUN
ejge-4308	9	29	on	on	ADP
ejge-4308	9	30	this	this	DET
ejge-4308	9	31	paper	paper	NOUN
ejge-4308	9	32	.	.	PUNCT
ejge-4308	10	1	vanlaer	vanlaer	NOUN
ejge-4308	10	2	,	,	PUNCT
ejge-4308	10	3	marneffe	marneffe	PROPN
ejge-4308	10	4	,	,	PUNCT
ejge-4308	10	5	vereeck	vereeck	PROPN
ejge-4308	10	6	,	,	PUNCT
ejge-4308	10	7	van	van	PROPN
ejge-4308	10	8	overtveldt	overtveldt	PROPN
ejge-4308	10	9	●	●	X
ejge-4308	10	10	does	do	AUX
ejge-4308	10	11	debt	debt	NOUN
ejge-4308	10	12	predict	predict	VERB
ejge-4308	10	13	growth	growth	NOUN
ejge-4308	10	14	?	?	PUNCT
ejge-4308	11	1	80	80	NUM
ejge-4308	11	2	1	1	NUM
ejge-4308	11	3	.	.	PUNCT
ejge-4308	11	4	introduction	introduction	NOUN
ejge-4308	11	5	scholars	scholar	NOUN
ejge-4308	11	6	and	and	CCONJ
ejge-4308	11	7	policy	policy	NOUN
ejge-4308	11	8	makers	maker	NOUN
ejge-4308	11	9	agree	agree	VERB
ejge-4308	11	10	in	in	ADP
ejge-4308	11	11	general	general	ADJ
ejge-4308	11	12	that	that	SCONJ
ejge-4308	11	13	debt	debt	NOUN
ejge-4308	11	14	,	,	PUNCT
ejge-4308	11	15	both	both	CCONJ
ejge-4308	11	16	public	public	ADJ
ejge-4308	11	17	and	and	CCONJ
ejge-4308	11	18	private	private	ADJ
ejge-4308	11	19	,	,	PUNCT
ejge-4308	11	20	has	have	AUX
ejge-4308	11	21	played	play	VERB
ejge-4308	11	22	an	an	DET
ejge-4308	11	23	important	important	ADJ
ejge-4308	11	24	role	role	NOUN
ejge-4308	11	25	in	in	ADP
ejge-4308	11	26	the	the	DET
ejge-4308	11	27	build	build	NOUN
ejge-4308	11	28	up	up	ADP
ejge-4308	11	29	to	to	ADP
ejge-4308	11	30	the	the	DET
ejge-4308	11	31	recent	recent	ADJ
ejge-4308	11	32	global	global	ADJ
ejge-4308	11	33	financial	financial	ADJ
ejge-4308	11	34	crisis	crisis	NOUN
ejge-4308	11	35	(	(	PUNCT
ejge-4308	11	36	e.g.	e.g.	ADV
ejge-4308	11	37	reinhart	reinhart	NOUN
ejge-4308	11	38	and	and	CCONJ
ejge-4308	11	39	rogoff	rogoff	NOUN
ejge-4308	11	40	,	,	PUNCT
ejge-4308	11	41	2010	2010	NUM
ejge-4308	11	42	,	,	PUNCT
ejge-4308	11	43	mian	mian	NOUN
ejge-4308	11	44	and	and	CCONJ
ejge-4308	11	45	sufi	sufi	NOUN
ejge-4308	11	46	,	,	PUNCT
ejge-4308	11	47	2014	2014	NUM
ejge-4308	11	48	)	)	PUNCT
ejge-4308	11	49	.	.	PUNCT
ejge-4308	12	1	an	an	DET
ejge-4308	12	2	increasing	increase	VERB
ejge-4308	12	3	number	number	NOUN
ejge-4308	12	4	of	of	ADP
ejge-4308	12	5	researchers	researcher	NOUN
ejge-4308	12	6	assert	assert	VERB
ejge-4308	12	7	that	that	SCONJ
ejge-4308	12	8	the	the	DET
ejge-4308	12	9	high	high	ADJ
ejge-4308	12	10	levels	level	NOUN
ejge-4308	12	11	of	of	ADP
ejge-4308	12	12	debt	debt	NOUN
ejge-4308	12	13	commonly	commonly	ADV
ejge-4308	12	14	found	find	VERB
ejge-4308	12	15	in	in	ADP
ejge-4308	12	16	developed	develop	VERB
ejge-4308	12	17	economies	economy	NOUN
ejge-4308	12	18	,	,	PUNCT
ejge-4308	12	19	play	play	VERB
ejge-4308	12	20	an	an	DET
ejge-4308	12	21	important	important	ADJ
ejge-4308	12	22	role	role	NOUN
ejge-4308	12	23	in	in	ADP
ejge-4308	12	24	the	the	DET
ejge-4308	12	25	subsequent	subsequent	ADJ
ejge-4308	12	26	slow	slow	ADJ
ejge-4308	12	27	recovery	recovery	NOUN
ejge-4308	12	28	(	(	PUNCT
ejge-4308	12	29	e.g.	e.g.	ADV
ejge-4308	12	30	,	,	PUNCT
ejge-4308	12	31	reinhart	reinhart	PROPN
ejge-4308	12	32	,	,	PUNCT
ejge-4308	12	33	reinhart	reinhart	PROPN
ejge-4308	12	34	and	and	CCONJ
ejge-4308	12	35	rogoff	rogoff	NOUN
ejge-4308	12	36	,	,	PUNCT
ejge-4308	12	37	2012	2012	NUM
ejge-4308	12	38	and	and	CCONJ
ejge-4308	12	39	chatterjee	chatterjee	NOUN
ejge-4308	12	40	,	,	PUNCT
ejge-4308	12	41	2013	2013	NUM
ejge-4308	12	42	)	)	PUNCT
ejge-4308	12	43	.	.	PUNCT
ejge-4308	13	1	one	one	NUM
ejge-4308	13	2	important	important	ADJ
ejge-4308	13	3	strand	strand	NOUN
ejge-4308	13	4	of	of	ADP
ejge-4308	13	5	research	research	NOUN
ejge-4308	13	6	looks	look	VERB
ejge-4308	13	7	into	into	ADP
ejge-4308	13	8	the	the	DET
ejge-4308	13	9	role	role	NOUN
ejge-4308	13	10	of	of	ADP
ejge-4308	13	11	public	public	ADJ
ejge-4308	13	12	debt	debt	NOUN
ejge-4308	13	13	in	in	ADP
ejge-4308	13	14	destabilizing	destabilize	VERB
ejge-4308	13	15	an	an	DET
ejge-4308	13	16	economy	economy	NOUN
ejge-4308	13	17	.	.	PUNCT
ejge-4308	14	1	when	when	SCONJ
ejge-4308	14	2	there	there	PRON
ejge-4308	14	3	are	be	VERB
ejge-4308	14	4	increasing	increase	VERB
ejge-4308	14	5	doubts	doubt	NOUN
ejge-4308	14	6	about	about	ADP
ejge-4308	14	7	the	the	DET
ejge-4308	14	8	fiscal	fiscal	ADJ
ejge-4308	14	9	sustainability	sustainability	NOUN
ejge-4308	14	10	of	of	ADP
ejge-4308	14	11	a	a	DET
ejge-4308	14	12	country	country	NOUN
ejge-4308	14	13	,	,	PUNCT
ejge-4308	14	14	households	household	NOUN
ejge-4308	14	15	and	and	CCONJ
ejge-4308	14	16	corporations	corporation	NOUN
ejge-4308	14	17	anticipate	anticipate	VERB
ejge-4308	14	18	future	future	ADJ
ejge-4308	14	19	elevated	elevated	ADJ
ejge-4308	14	20	taxes	taxis	NOUN
ejge-4308	14	21	,	,	PUNCT
ejge-4308	14	22	which	which	PRON
ejge-4308	14	23	results	result	VERB
ejge-4308	14	24	in	in	ADP
ejge-4308	14	25	reduced	reduced	ADJ
ejge-4308	14	26	consumption	consumption	NOUN
ejge-4308	14	27	and	and	CCONJ
ejge-4308	14	28	investment1	investment1	NOUN
ejge-4308	14	29	.	.	PUNCT
ejge-4308	15	1	subsequently	subsequently	ADV
ejge-4308	15	2	,	,	PUNCT
ejge-4308	15	3	as	as	ADP
ejge-4308	15	4	the	the	DET
ejge-4308	15	5	risk	risk	NOUN
ejge-4308	15	6	of	of	ADP
ejge-4308	15	7	a	a	DET
ejge-4308	15	8	default	default	NOUN
ejge-4308	15	9	increases	increase	NOUN
ejge-4308	15	10	,	,	PUNCT
ejge-4308	15	11	government	government	NOUN
ejge-4308	15	12	debt	debt	NOUN
ejge-4308	15	13	holders	holder	NOUN
ejge-4308	15	14	will	will	AUX
ejge-4308	15	15	demand	demand	VERB
ejge-4308	15	16	higher	high	ADJ
ejge-4308	15	17	interest	interest	NOUN
ejge-4308	15	18	rates	rate	NOUN
ejge-4308	15	19	,	,	PUNCT
ejge-4308	15	20	which	which	PRON
ejge-4308	15	21	makes	make	VERB
ejge-4308	15	22	it	it	PRON
ejge-4308	15	23	even	even	ADV
ejge-4308	15	24	harder	hard	ADJ
ejge-4308	15	25	for	for	SCONJ
ejge-4308	15	26	a	a	DET
ejge-4308	15	27	government	government	NOUN
ejge-4308	15	28	to	to	PART
ejge-4308	15	29	service	service	VERB
ejge-4308	15	30	its	its	PRON
ejge-4308	15	31	debt	debt	NOUN
ejge-4308	15	32	.	.	PUNCT
ejge-4308	16	1	this	this	DET
ejge-4308	16	2	point	point	NOUN
ejge-4308	16	3	of	of	ADP
ejge-4308	16	4	view	view	NOUN
ejge-4308	16	5	has	have	AUX
ejge-4308	16	6	dominated	dominate	VERB
ejge-4308	16	7	public	public	ADJ
ejge-4308	16	8	policy	policy	NOUN
ejge-4308	16	9	–	–	PUNCT
ejge-4308	16	10	and	and	CCONJ
ejge-4308	16	11	research	research	NOUN
ejge-4308	16	12	–	–	PUNCT
ejge-4308	16	13	in	in	ADP
ejge-4308	16	14	the	the	DET
ejge-4308	16	15	immediate	immediate	ADJ
ejge-4308	16	16	aftermath	aftermath	NOUN
ejge-4308	16	17	of	of	ADP
ejge-4308	16	18	the	the	DET
ejge-4308	16	19	crisis	crisis	NOUN
ejge-4308	16	20	.	.	PUNCT
ejge-4308	17	1	an	an	DET
ejge-4308	17	2	excellent	excellent	ADJ
ejge-4308	17	3	illustration	illustration	NOUN
ejge-4308	17	4	is	be	AUX
ejge-4308	17	5	the	the	DET
ejge-4308	17	6	preeminence	preeminence	NOUN
ejge-4308	17	7	of	of	ADP
ejge-4308	17	8	austerity	austerity	NOUN
ejge-4308	17	9	measures	measure	NOUN
ejge-4308	17	10	to	to	PART
ejge-4308	17	11	deal	deal	VERB
ejge-4308	17	12	with	with	ADP
ejge-4308	17	13	the	the	DET
ejge-4308	17	14	outfall	outfall	NOUN
ejge-4308	17	15	of	of	ADP
ejge-4308	17	16	the	the	DET
ejge-4308	17	17	global	global	ADJ
ejge-4308	17	18	financial	financial	ADJ
ejge-4308	17	19	crisis	crisis	NOUN
ejge-4308	17	20	,	,	PUNCT
ejge-4308	17	21	both	both	CCONJ
ejge-4308	17	22	in	in	ADP
ejge-4308	17	23	europe	europe	PROPN
ejge-4308	17	24	and	and	CCONJ
ejge-4308	17	25	in	in	ADP
ejge-4308	17	26	the	the	DET
ejge-4308	17	27	united	united	PROPN
ejge-4308	17	28	states	states	PROPN
ejge-4308	17	29	and	and	CCONJ
ejge-4308	17	30	advocated	advocate	VERB
ejge-4308	17	31	by	by	ADP
ejge-4308	17	32	international	international	ADJ
ejge-4308	17	33	institutions	institution	NOUN
ejge-4308	17	34	such	such	ADJ
ejge-4308	17	35	as	as	ADP
ejge-4308	17	36	the	the	DET
ejge-4308	17	37	imf	imf	PROPN
ejge-4308	17	38	(	(	PUNCT
ejge-4308	17	39	e.g.	e.g.	ADV
ejge-4308	17	40	imf	imf	PROPN
ejge-4308	17	41	,	,	PUNCT
ejge-4308	17	42	2010	2010	NUM
ejge-4308	17	43	)	)	PUNCT
ejge-4308	17	44	.	.	PUNCT
ejge-4308	18	1	only	only	ADV
ejge-4308	18	2	in	in	ADP
ejge-4308	18	3	the	the	DET
ejge-4308	18	4	last	last	ADJ
ejge-4308	18	5	few	few	ADJ
ejge-4308	18	6	years	year	NOUN
ejge-4308	18	7	,	,	PUNCT
ejge-4308	18	8	research	research	NOUN
ejge-4308	18	9	has	have	AUX
ejge-4308	18	10	looked	look	VERB
ejge-4308	18	11	into	into	ADP
ejge-4308	18	12	the	the	DET
ejge-4308	18	13	role	role	NOUN
ejge-4308	18	14	of	of	ADP
ejge-4308	18	15	private	private	ADJ
ejge-4308	18	16	debt	debt	NOUN
ejge-4308	18	17	,	,	PUNCT
ejge-4308	18	18	or	or	CCONJ
ejge-4308	18	19	credit2	credit2	PROPN
ejge-4308	18	20	,	,	PUNCT
ejge-4308	18	21	on	on	ADP
ejge-4308	18	22	economic	economic	ADJ
ejge-4308	18	23	growth	growth	NOUN
ejge-4308	18	24	(	(	PUNCT
ejge-4308	18	25	e.g.	e.g.	ADV
ejge-4308	18	26	taylor	taylor	PROPN
ejge-4308	18	27	and	and	CCONJ
ejge-4308	18	28	corrado	corrado	PROPN
ejge-4308	18	29	,	,	PUNCT
ejge-4308	18	30	2012	2012	NUM
ejge-4308	18	31	)	)	PUNCT
ejge-4308	18	32	.	.	PUNCT
ejge-4308	19	1	previously	previously	ADV
ejge-4308	19	2	,	,	PUNCT
ejge-4308	19	3	the	the	DET
ejge-4308	19	4	narrative	narrative	NOUN
ejge-4308	19	5	of	of	ADP
ejge-4308	19	6	hyperrational	hyperrational	ADJ
ejge-4308	19	7	private	private	ADJ
ejge-4308	19	8	households	household	NOUN
ejge-4308	19	9	and	and	CCONJ
ejge-4308	19	10	companies	company	NOUN
ejge-4308	19	11	who	who	PRON
ejge-4308	19	12	make	make	VERB
ejge-4308	19	13	decisions	decision	NOUN
ejge-4308	19	14	in	in	ADP
ejge-4308	19	15	their	their	PRON
ejge-4308	19	16	own	own	ADJ
ejge-4308	19	17	interest	interest	NOUN
ejge-4308	19	18	that	that	PRON
ejge-4308	19	19	also	also	ADV
ejge-4308	19	20	benefit	benefit	VERB
ejge-4308	19	21	society	society	NOUN
ejge-4308	19	22	as	as	ADP
ejge-4308	19	23	a	a	DET
ejge-4308	19	24	whole	whole	NOUN
ejge-4308	19	25	,	,	PUNCT
ejge-4308	19	26	had	have	AUX
ejge-4308	19	27	prevailed	prevail	VERB
ejge-4308	19	28	.	.	PUNCT
ejge-4308	20	1	moreover	moreover	ADV
ejge-4308	20	2	,	,	PUNCT
ejge-4308	20	3	as	as	SCONJ
ejge-4308	20	4	net	net	ADJ
ejge-4308	20	5	world	world	NOUN
ejge-4308	20	6	debt	debt	NOUN
ejge-4308	20	7	is	be	AUX
ejge-4308	20	8	zero	zero	NUM
ejge-4308	20	9	,	,	PUNCT
ejge-4308	20	10	the	the	DET
ejge-4308	20	11	consensus	consensus	NOUN
ejge-4308	20	12	view	view	NOUN
ejge-4308	20	13	was	be	AUX
ejge-4308	20	14	that	that	SCONJ
ejge-4308	20	15	losses	loss	NOUN
ejge-4308	20	16	to	to	ADP
ejge-4308	20	17	creditors	creditor	NOUN
ejge-4308	20	18	are	be	AUX
ejge-4308	20	19	automatically	automatically	ADV
ejge-4308	20	20	cancelled	cancel	VERB
ejge-4308	20	21	out	out	ADP
ejge-4308	20	22	by	by	ADP
ejge-4308	20	23	gains	gain	NOUN
ejge-4308	20	24	to	to	ADP
ejge-4308	20	25	debtors	debtor	NOUN
ejge-4308	20	26	.	.	PUNCT
ejge-4308	21	1	the	the	DET
ejge-4308	21	2	fallout	fallout	NOUN
ejge-4308	21	3	of	of	ADP
ejge-4308	21	4	the	the	DET
ejge-4308	21	5	collapse	collapse	NOUN
ejge-4308	21	6	in	in	ADP
ejge-4308	21	7	house	house	NOUN
ejge-4308	21	8	prices	price	NOUN
ejge-4308	21	9	in	in	ADP
ejge-4308	21	10	the	the	DET
ejge-4308	21	11	united	united	PROPN
ejge-4308	21	12	states	states	PROPN
ejge-4308	21	13	in	in	ADP
ejge-4308	21	14	2007	2007	NUM
ejge-4308	21	15	clearly	clearly	ADV
ejge-4308	21	16	proved	prove	VERB
ejge-4308	21	17	this	this	DET
ejge-4308	21	18	assumption	assumption	NOUN
ejge-4308	21	19	to	to	PART
ejge-4308	21	20	be	be	AUX
ejge-4308	21	21	erroneous	erroneous	ADJ
ejge-4308	21	22	.	.	PUNCT
ejge-4308	22	1	little	little	ADJ
ejge-4308	22	2	research	research	NOUN
ejge-4308	22	3	,	,	PUNCT
ejge-4308	22	4	however	however	ADV
ejge-4308	22	5	,	,	PUNCT
ejge-4308	22	6	has	have	AUX
ejge-4308	22	7	been	be	AUX
ejge-4308	22	8	pursued	pursue	VERB
ejge-4308	22	9	on	on	ADP
ejge-4308	22	10	the	the	DET
ejge-4308	22	11	impact	impact	NOUN
ejge-4308	22	12	of	of	ADP
ejge-4308	22	13	the	the	DET
ejge-4308	22	14	total	total	ADJ
ejge-4308	22	15	level	level	NOUN
ejge-4308	22	16	of	of	ADP
ejge-4308	22	17	debt3	debt3	NOUN
ejge-4308	22	18	on	on	ADP
ejge-4308	22	19	an	an	DET
ejge-4308	22	20	economy	economy	NOUN
ejge-4308	22	21	.	.	PUNCT
ejge-4308	23	1	nevertheless	nevertheless	ADV
ejge-4308	23	2	,	,	PUNCT
ejge-4308	23	3	public	public	ADJ
ejge-4308	23	4	debt	debt	NOUN
ejge-4308	23	5	and	and	CCONJ
ejge-4308	23	6	private	private	ADJ
ejge-4308	23	7	credit	credit	NOUN
ejge-4308	23	8	are	be	AUX
ejge-4308	23	9	interlinked	interlink	VERB
ejge-4308	23	10	.	.	PUNCT
ejge-4308	24	1	one	one	NUM
ejge-4308	24	2	example	example	NOUN
ejge-4308	24	3	is	be	AUX
ejge-4308	24	4	provided	provide	VERB
ejge-4308	24	5	by	by	ADP
ejge-4308	24	6	the	the	DET
ejge-4308	24	7	recent	recent	ADJ
ejge-4308	24	8	bailouts	bailout	NOUN
ejge-4308	24	9	of	of	ADP
ejge-4308	24	10	the	the	DET
ejge-4308	24	11	financial	financial	ADJ
ejge-4308	24	12	sector	sector	NOUN
ejge-4308	24	13	in	in	ADP
ejge-4308	24	14	spain	spain	PROPN
ejge-4308	24	15	.	.	PUNCT
ejge-4308	25	1	as	as	SCONJ
ejge-4308	25	2	shown	show	VERB
ejge-4308	25	3	in	in	ADP
ejge-4308	25	4	figure	figure	NOUN
ejge-4308	25	5	1	1	NUM
ejge-4308	25	6	below	below	ADV
ejge-4308	25	7	,	,	PUNCT
ejge-4308	25	8	simply	simply	ADV
ejge-4308	25	9	focusing	focus	VERB
ejge-4308	25	10	on	on	ADP
ejge-4308	25	11	the	the	DET
ejge-4308	25	12	level	level	NOUN
ejge-4308	25	13	of	of	ADP
ejge-4308	25	14	public	public	ADJ
ejge-4308	25	15	debt	debt	NOUN
ejge-4308	25	16	-	-	PUNCT
ejge-4308	25	17	to	to	ADP
ejge-4308	25	18	-	-	PUNCT
ejge-4308	25	19	gdp	gdp	NOUN
ejge-4308	25	20	would	would	AUX
ejge-4308	25	21	erroneously	erroneously	ADV
ejge-4308	25	22	give	give	VERB
ejge-4308	25	23	the	the	DET
ejge-4308	25	24	impression	impression	NOUN
ejge-4308	25	25	that	that	SCONJ
ejge-4308	25	26	spain	spain	PROPN
ejge-4308	25	27	did	do	AUX
ejge-4308	25	28	not	not	PART
ejge-4308	25	29	have	have	AUX
ejge-4308	25	30	a	a	DET
ejge-4308	25	31	problem	problem	NOUN
ejge-4308	25	32	of	of	ADP
ejge-4308	25	33	excessive	excessive	ADJ
ejge-4308	25	34	debt	debt	NOUN
ejge-4308	25	35	in	in	ADP
ejge-4308	25	36	the	the	DET
ejge-4308	25	37	run	run	NOUN
ejge-4308	25	38	-	-	PUNCT
ejge-4308	25	39	up	up	NOUN
ejge-4308	25	40	to	to	ADP
ejge-4308	25	41	the	the	DET
ejge-4308	25	42	global	global	ADJ
ejge-4308	25	43	financial	financial	ADJ
ejge-4308	25	44	crisis	crisis	NOUN
ejge-4308	25	45	,	,	PUNCT
ejge-4308	25	46	as	as	SCONJ
ejge-4308	25	47	it	it	PRON
ejge-4308	25	48	strictly	strictly	ADV
ejge-4308	25	49	adhered	adhere	VERB
ejge-4308	25	50	to	to	ADP
ejge-4308	25	51	the	the	DET
ejge-4308	25	52	maastricht	maastricht	PROPN
ejge-4308	25	53	criterion	criterion	NOUN
ejge-4308	25	54	of	of	ADP
ejge-4308	25	55	public	public	ADJ
ejge-4308	25	56	debt	debt	NOUN
ejge-4308	25	57	levels	level	NOUN
ejge-4308	25	58	of	of	ADP
ejge-4308	25	59	below	below	ADP
ejge-4308	25	60	60	60	NUM
ejge-4308	25	61	%	%	NOUN
ejge-4308	25	62	.	.	PUNCT
ejge-4308	26	1	simultaneously	simultaneously	ADV
ejge-4308	26	2	however	however	ADV
ejge-4308	26	3	,	,	PUNCT
ejge-4308	26	4	a	a	DET
ejge-4308	26	5	large	large	ADJ
ejge-4308	26	6	construction	construction	NOUN
ejge-4308	26	7	bubble	bubble	NOUN
ejge-4308	26	8	was	be	AUX
ejge-4308	26	9	building	build	VERB
ejge-4308	26	10	up	up	ADP
ejge-4308	26	11	,	,	PUNCT
ejge-4308	26	12	as	as	SCONJ
ejge-4308	26	13	private	private	ADJ
ejge-4308	26	14	debt	debt	NOUN
ejge-4308	26	15	levels	level	NOUN
ejge-4308	26	16	soared	soar	VERB
ejge-4308	26	17	from	from	ADP
ejge-4308	26	18	around	around	ADP
ejge-4308	26	19	125	125	NUM
ejge-4308	26	20	%	%	NOUN
ejge-4308	26	21	of	of	ADP
ejge-4308	26	22	gdp	gdp	NOUN
ejge-4308	26	23	at	at	ADP
ejge-4308	26	24	the	the	DET
ejge-4308	26	25	start	start	NOUN
ejge-4308	26	26	of	of	ADP
ejge-4308	26	27	the	the	DET
ejge-4308	26	28	decade	decade	NOUN
ejge-4308	26	29	to	to	ADP
ejge-4308	26	30	more	more	ADJ
ejge-4308	26	31	than	than	ADP
ejge-4308	26	32	220	220	NUM
ejge-4308	26	33	%	%	NOUN
ejge-4308	26	34	when	when	SCONJ
ejge-4308	26	35	the	the	DET
ejge-4308	26	36	crisis	crisis	NOUN
ejge-4308	26	37	struck	strike	VERB
ejge-4308	26	38	in	in	ADP
ejge-4308	26	39	2007	2007	NUM
ejge-4308	26	40	-	-	SYM
ejge-4308	26	41	2008	2008	NUM
ejge-4308	26	42	.	.	PUNCT
ejge-4308	27	1	hence	hence	ADV
ejge-4308	27	2	,	,	PUNCT
ejge-4308	27	3	if	if	SCONJ
ejge-4308	27	4	in	in	ADP
ejge-4308	27	5	case	case	NOUN
ejge-4308	27	6	of	of	ADP
ejge-4308	27	7	failure	failure	NOUN
ejge-4308	27	8	of	of	ADP
ejge-4308	27	9	the	the	DET
ejge-4308	27	10	private	private	ADJ
ejge-4308	27	11	sector	sector	NOUN
ejge-4308	27	12	the	the	DET
ejge-4308	27	13	public	public	ADJ
ejge-4308	27	14	sector	sector	NOUN
ejge-4308	27	15	steps	step	NOUN
ejge-4308	27	16	in	in	ADV
ejge-4308	27	17	,	,	PUNCT
ejge-4308	27	18	it	it	PRON
ejge-4308	27	19	can	can	AUX
ejge-4308	27	20	be	be	AUX
ejge-4308	27	21	argued	argue	VERB
ejge-4308	27	22	that	that	SCONJ
ejge-4308	27	23	this	this	PRON
ejge-4308	27	24	amounts	amount	VERB
ejge-4308	27	25	to	to	ADP
ejge-4308	27	26	an	an	DET
ejge-4308	27	27	implicit	implicit	ADJ
ejge-4308	27	28	government	government	NOUN
ejge-4308	27	29	guarantee	guarantee	NOUN
ejge-4308	27	30	,	,	PUNCT
ejge-4308	27	31	making	make	VERB
ejge-4308	27	32	private	private	ADJ
ejge-4308	27	33	debt	debt	NOUN
ejge-4308	27	34	indistinguishable	indistinguishable	ADJ
ejge-4308	27	35	from	from	ADP
ejge-4308	27	36	public	public	ADJ
ejge-4308	27	37	debt	debt	NOUN
ejge-4308	27	38	(	(	PUNCT
ejge-4308	27	39	bhandari	bhandari	NOUN
ejge-4308	27	40	,	,	PUNCT
ejge-4308	27	41	haque	haque	NOUN
ejge-4308	27	42	and	and	CCONJ
ejge-4308	27	43	turnovsky	turnovsky	NOUN
ejge-4308	27	44	,	,	PUNCT
ejge-4308	27	45	1990	1990	NUM
ejge-4308	27	46	)	)	PUNCT
ejge-4308	27	47	.	.	PUNCT
ejge-4308	28	1	the	the	DET
ejge-4308	28	2	recent	recent	ADJ
ejge-4308	28	3	financial	financial	ADJ
ejge-4308	28	4	crisis	crisis	NOUN
ejge-4308	28	5	has	have	AUX
ejge-4308	28	6	indeed	indeed	ADV
ejge-4308	28	7	shown	show	VERB
ejge-4308	28	8	,	,	PUNCT
ejge-4308	28	9	both	both	PRON
ejge-4308	28	10	in	in	ADP
ejge-4308	28	11	the	the	DET
ejge-4308	28	12	united	united	PROPN
ejge-4308	28	13	states	states	PROPN
ejge-4308	28	14	and	and	CCONJ
ejge-4308	28	15	in	in	ADP
ejge-4308	28	16	europe	europe	PROPN
ejge-4308	28	17	,	,	PUNCT
ejge-4308	28	18	the	the	DET
ejge-4308	28	19	willingness	willingness	NOUN
ejge-4308	28	20	of	of	ADP
ejge-4308	28	21	the	the	DET
ejge-4308	28	22	sovereign	sovereign	NOUN
ejge-4308	28	23	to	to	PART
ejge-4308	28	24	stand	stand	VERB
ejge-4308	28	25	behind	behind	ADP
ejge-4308	28	26	its	its	PRON
ejge-4308	28	27	banking	banking	NOUN
ejge-4308	28	28	sector	sector	NOUN
ejge-4308	28	29	.	.	PUNCT
ejge-4308	29	1	investors	investor	NOUN
ejge-4308	29	2	considered	consider	VERB
ejge-4308	29	3	too	too	ADV
ejge-4308	29	4	-	-	PUNCT
ejge-4308	29	5	big	big	ADJ
ejge-4308	29	6	-	-	PUNCT
ejge-4308	29	7	to	to	AUX
ejge-4308	29	8	-	-	PUNCT
ejge-4308	29	9	fail	fail	VERB
ejge-4308	29	10	banks	bank	NOUN
ejge-4308	29	11	as	as	ADV
ejge-4308	29	12	creditworthy	creditworthy	ADJ
ejge-4308	29	13	as	as	ADP
ejge-4308	29	14	the	the	DET
ejge-4308	29	15	government	government	NOUN
ejge-4308	29	16	of	of	ADP
ejge-4308	29	17	its	its	PRON
ejge-4308	29	18	host	host	NOUN
ejge-4308	29	19	country	country	NOUN
ejge-4308	29	20	.	.	PUNCT
ejge-4308	30	1	these	these	DET
ejge-4308	30	2	financial	financial	ADJ
ejge-4308	30	3	institutions	institution	NOUN
ejge-4308	30	4	could	could	AUX
ejge-4308	30	5	borrow	borrow	VERB
ejge-4308	30	6	at	at	ADP
ejge-4308	30	7	near	near	ADJ
ejge-4308	30	8	identical	identical	ADJ
ejge-4308	30	9	rates	rate	NOUN
ejge-4308	30	10	as	as	ADP
ejge-4308	30	11	the	the	DET
ejge-4308	30	12	sovereign	sovereign	NOUN
ejge-4308	30	13	,	,	PUNCT
ejge-4308	30	14	which	which	PRON
ejge-4308	30	15	made	make	VERB
ejge-4308	30	16	their	their	PRON
ejge-4308	30	17	debt	debt	NOUN
ejge-4308	30	18	very	very	ADV
ejge-4308	30	19	similar	similar	ADJ
ejge-4308	30	20	to	to	ADP
ejge-4308	30	21	sovereign	sovereign	ADJ
ejge-4308	30	22	debt	debt	NOUN
ejge-4308	30	23	(	(	PUNCT
ejge-4308	30	24	see	see	VERB
ejge-4308	30	25	e.g.	e.g.	ADV
ejge-4308	30	26	schich	schich	NOUN
ejge-4308	30	27	and	and	CCONJ
ejge-4308	30	28	lindh	lindh	NOUN
ejge-4308	30	29	,	,	PUNCT
ejge-4308	30	30	2012	2012	NUM
ejge-4308	30	31	)	)	PUNCT
ejge-4308	30	32	.	.	PUNCT
ejge-4308	31	1	similarly	similarly	ADV
ejge-4308	31	2	,	,	PUNCT
ejge-4308	31	3	a	a	DET
ejge-4308	31	4	narrow	narrow	ADJ
ejge-4308	31	5	focus	focus	NOUN
ejge-4308	31	6	on	on	ADP
ejge-4308	31	7	the	the	DET
ejge-4308	31	8	level	level	NOUN
ejge-4308	31	9	of	of	ADP
ejge-4308	31	10	public	public	ADJ
ejge-4308	31	11	debt	debt	NOUN
ejge-4308	31	12	would	would	AUX
ejge-4308	31	13	suggest	suggest	VERB
ejge-4308	31	14	that	that	SCONJ
ejge-4308	31	15	the	the	DET
ejge-4308	31	16	us	us	PROPN
ejge-4308	31	17	economy	economy	NOUN
ejge-4308	31	18	is	be	AUX
ejge-4308	31	19	in	in	ADP
ejge-4308	31	20	dire	dire	ADJ
ejge-4308	31	21	straits	strait	NOUN
ejge-4308	31	22	as	as	SCONJ
ejge-4308	31	23	its	its	PRON
ejge-4308	31	24	public	public	ADJ
ejge-4308	31	25	debt	debt	NOUN
ejge-4308	31	26	-	-	PUNCT
ejge-4308	31	27	to	to	ADP
ejge-4308	31	28	-	-	PUNCT
ejge-4308	31	29	gdp	gdp	NOUN
ejge-4308	31	30	levels	level	NOUN
ejge-4308	31	31	skyrocketed	skyrocket	VERB
ejge-4308	31	32	from	from	ADP
ejge-4308	31	33	53	53	NUM
ejge-4308	31	34	%	%	NOUN
ejge-4308	31	35	in	in	ADP
ejge-4308	31	36	1	1	NUM
ejge-4308	31	37	this	this	DET
ejge-4308	31	38	line	line	NOUN
ejge-4308	31	39	of	of	ADP
ejge-4308	31	40	thinking	thinking	NOUN
ejge-4308	31	41	is	be	AUX
ejge-4308	31	42	heavily	heavily	ADV
ejge-4308	31	43	influenced	influence	VERB
ejge-4308	31	44	by	by	ADP
ejge-4308	31	45	the	the	DET
ejge-4308	31	46	ricardian	ricardian	ADJ
ejge-4308	31	47	equivalence	equivalence	NOUN
ejge-4308	31	48	theorem	theorem	VERB
ejge-4308	31	49	which	which	PRON
ejge-4308	31	50	states	state	VERB
ejge-4308	31	51	that	that	SCONJ
ejge-4308	31	52	consumers	consumer	NOUN
ejge-4308	31	53	take	take	VERB
ejge-4308	31	54	the	the	DET
ejge-4308	31	55	budgetary	budgetary	ADJ
ejge-4308	31	56	constraints	constraint	NOUN
ejge-4308	31	57	of	of	ADP
ejge-4308	31	58	the	the	DET
ejge-4308	31	59	government	government	NOUN
ejge-4308	31	60	into	into	ADP
ejge-4308	31	61	account	account	NOUN
ejge-4308	31	62	when	when	SCONJ
ejge-4308	31	63	making	make	VERB
ejge-4308	31	64	consumption	consumption	NOUN
ejge-4308	31	65	decisions	decision	NOUN
ejge-4308	31	66	(	(	PUNCT
ejge-4308	31	67	barro	barro	NOUN
ejge-4308	31	68	,	,	PUNCT
ejge-4308	31	69	1996	1996	NUM
ejge-4308	31	70	)	)	PUNCT
ejge-4308	31	71	.	.	PUNCT
ejge-4308	32	1	consequently	consequently	ADV
ejge-4308	32	2	,	,	PUNCT
ejge-4308	32	3	higher	high	ADJ
ejge-4308	32	4	budget	budget	NOUN
ejge-4308	32	5	deficits	deficit	NOUN
ejge-4308	32	6	now	now	ADV
ejge-4308	32	7	result	result	VERB
ejge-4308	32	8	in	in	ADP
ejge-4308	32	9	higher	high	ADJ
ejge-4308	32	10	taxation	taxation	NOUN
ejge-4308	32	11	in	in	ADP
ejge-4308	32	12	the	the	DET
ejge-4308	32	13	future	future	NOUN
ejge-4308	32	14	.	.	PUNCT
ejge-4308	33	1	forward	forward	ADV
ejge-4308	33	2	looking	look	VERB
ejge-4308	33	3	consumers	consumer	NOUN
ejge-4308	33	4	anticipate	anticipate	VERB
ejge-4308	33	5	this	this	PRON
ejge-4308	33	6	and	and	CCONJ
ejge-4308	33	7	hence	hence	ADV
ejge-4308	33	8	increase	increase	VERB
ejge-4308	33	9	their	their	PRON
ejge-4308	33	10	savings	saving	NOUN
ejge-4308	33	11	to	to	PART
ejge-4308	33	12	pay	pay	VERB
ejge-4308	33	13	for	for	ADP
ejge-4308	33	14	these	these	DET
ejge-4308	33	15	higher	high	ADJ
ejge-4308	33	16	taxes	taxis	NOUN
ejge-4308	33	17	.	.	PUNCT
ejge-4308	34	1	2	2	NUM
ejge-4308	34	2	in	in	ADP
ejge-4308	34	3	the	the	DET
ejge-4308	34	4	remainder	remainder	NOUN
ejge-4308	34	5	of	of	ADP
ejge-4308	34	6	this	this	DET
ejge-4308	34	7	paper	paper	NOUN
ejge-4308	34	8	,	,	PUNCT
ejge-4308	34	9	private	private	ADJ
ejge-4308	34	10	debt	debt	NOUN
ejge-4308	34	11	and	and	CCONJ
ejge-4308	34	12	credit	credit	NOUN
ejge-4308	34	13	will	will	AUX
ejge-4308	34	14	be	be	AUX
ejge-4308	34	15	used	use	VERB
ejge-4308	34	16	interchangeably	interchangeably	ADV
ejge-4308	34	17	.	.	PUNCT
ejge-4308	35	1	3	3	NUM
ejge-4308	35	2	in	in	ADP
ejge-4308	35	3	this	this	DET
ejge-4308	35	4	article	article	NOUN
ejge-4308	35	5	,	,	PUNCT
ejge-4308	35	6	we	we	PRON
ejge-4308	35	7	define	define	VERB
ejge-4308	35	8	the	the	DET
ejge-4308	35	9	total	total	ADJ
ejge-4308	35	10	level	level	NOUN
ejge-4308	35	11	of	of	ADP
ejge-4308	35	12	debt	debt	NOUN
ejge-4308	35	13	in	in	ADP
ejge-4308	35	14	an	an	DET
ejge-4308	35	15	economy	economy	NOUN
ejge-4308	35	16	as	as	ADP
ejge-4308	35	17	the	the	DET
ejge-4308	35	18	sum	sum	NOUN
ejge-4308	35	19	of	of	ADP
ejge-4308	35	20	gross	gross	ADJ
ejge-4308	35	21	general	general	ADJ
ejge-4308	35	22	government	government	NOUN
ejge-4308	35	23	debt	debt	NOUN
ejge-4308	35	24	and	and	CCONJ
ejge-4308	35	25	private	private	ADJ
ejge-4308	35	26	credit	credit	NOUN
ejge-4308	35	27	to	to	ADP
ejge-4308	35	28	households	household	NOUN
ejge-4308	35	29	and	and	CCONJ
ejge-4308	35	30	non	non	ADJ
ejge-4308	35	31	-	-	ADJ
ejge-4308	35	32	financial	financial	ADJ
ejge-4308	35	33	companies	company	NOUN
ejge-4308	35	34	.	.	PUNCT
ejge-4308	36	1	we	we	PRON
ejge-4308	36	2	exclude	exclude	VERB
ejge-4308	36	3	interbank	interbank	NOUN
ejge-4308	36	4	lending	lending	NOUN
ejge-4308	36	5	in	in	ADP
ejge-4308	36	6	our	our	PRON
ejge-4308	36	7	analysis	analysis	NOUN
ejge-4308	36	8	.	.	PUNCT
ejge-4308	37	1	european	european	ADJ
ejge-4308	37	2	journal	journal	PROPN
ejge-4308	37	3	of	of	ADP
ejge-4308	37	4	government	government	NOUN
ejge-4308	37	5	and	and	CCONJ
ejge-4308	37	6	economics	economic	NOUN
ejge-4308	37	7	4(2	4(2	NUM
ejge-4308	37	8	)	)	PUNCT
ejge-4308	38	1	81	81	NUM
ejge-4308	38	2	2000	2000	NUM
ejge-4308	38	3	to	to	PART
ejge-4308	38	4	close	close	VERB
ejge-4308	38	5	to	to	ADP
ejge-4308	38	6	103	103	NUM
ejge-4308	38	7	%	%	NOUN
ejge-4308	38	8	in	in	ADP
ejge-4308	38	9	2012	2012	NUM
ejge-4308	38	10	.	.	PUNCT
ejge-4308	39	1	on	on	ADP
ejge-4308	39	2	the	the	DET
ejge-4308	39	3	other	other	ADJ
ejge-4308	39	4	hand	hand	NOUN
ejge-4308	39	5	,	,	PUNCT
ejge-4308	39	6	american	american	ADJ
ejge-4308	39	7	households	household	NOUN
ejge-4308	39	8	and	and	CCONJ
ejge-4308	39	9	companies	company	NOUN
ejge-4308	39	10	managed	manage	VERB
ejge-4308	39	11	to	to	PART
ejge-4308	39	12	deleverage	deleverage	VERB
ejge-4308	39	13	after	after	ADP
ejge-4308	39	14	the	the	DET
ejge-4308	39	15	crisis	crisis	NOUN
ejge-4308	39	16	–	–	PUNCT
ejge-4308	39	17	albeit	albeit	SCONJ
ejge-4308	39	18	by	by	ADP
ejge-4308	39	19	a	a	DET
ejge-4308	39	20	relatively	relatively	ADV
ejge-4308	39	21	small	small	ADJ
ejge-4308	39	22	amount	amount	NOUN
ejge-4308	39	23	–	–	PUNCT
ejge-4308	39	24	which	which	PRON
ejge-4308	39	25	is	be	AUX
ejge-4308	39	26	likely	likely	ADJ
ejge-4308	39	27	to	to	PART
ejge-4308	39	28	be	be	AUX
ejge-4308	39	29	beneficial	beneficial	ADJ
ejge-4308	39	30	for	for	ADP
ejge-4308	39	31	the	the	DET
ejge-4308	39	32	long	long	ADJ
ejge-4308	39	33	run	run	NOUN
ejge-4308	39	34	sustainability	sustainability	NOUN
ejge-4308	39	35	of	of	ADP
ejge-4308	39	36	its	its	PRON
ejge-4308	39	37	economy	economy	NOUN
ejge-4308	39	38	.	.	PUNCT
ejge-4308	40	1	figure	figure	NOUN
ejge-4308	40	2	1	1	NUM
ejge-4308	40	3	evolution	evolution	NOUN
ejge-4308	40	4	of	of	ADP
ejge-4308	40	5	public	public	ADJ
ejge-4308	40	6	and	and	CCONJ
ejge-4308	40	7	private	private	ADJ
ejge-4308	40	8	debt	debt	NOUN
ejge-4308	40	9	:	:	PUNCT
ejge-4308	40	10	examples	example	NOUN
ejge-4308	40	11	at	at	ADP
ejge-4308	40	12	a	a	DET
ejge-4308	40	13	more	more	ADV
ejge-4308	40	14	fundamental	fundamental	ADJ
ejge-4308	40	15	level	level	NOUN
ejge-4308	40	16	,	,	PUNCT
ejge-4308	40	17	schmidt	schmidt	NOUN
ejge-4308	40	18	(	(	PUNCT
ejge-4308	40	19	1943	1943	NUM
ejge-4308	40	20	)	)	PUNCT
ejge-4308	40	21	asserted	assert	VERB
ejge-4308	40	22	that	that	SCONJ
ejge-4308	40	23	public	public	ADJ
ejge-4308	40	24	and	and	CCONJ
ejge-4308	40	25	private	private	ADJ
ejge-4308	40	26	debt	debt	NOUN
ejge-4308	40	27	are	be	AUX
ejge-4308	40	28	essentially	essentially	ADV
ejge-4308	40	29	equivalent	equivalent	ADJ
ejge-4308	40	30	.	.	PUNCT
ejge-4308	41	1	an	an	DET
ejge-4308	41	2	argument	argument	NOUN
ejge-4308	41	3	which	which	PRON
ejge-4308	41	4	was	be	AUX
ejge-4308	41	5	further	far	ADV
ejge-4308	41	6	elaborated	elaborate	VERB
ejge-4308	41	7	by	by	ADP
ejge-4308	41	8	buchanan	buchanan	PROPN
ejge-4308	41	9	(	(	PUNCT
ejge-4308	41	10	1958	1958	NUM
ejge-4308	41	11	)	)	PUNCT
ejge-4308	41	12	.	.	PUNCT
ejge-4308	42	1	the	the	DET
ejge-4308	42	2	latter	latter	NOUN
ejge-4308	42	3	challenged	challenge	VERB
ejge-4308	42	4	the	the	DET
ejge-4308	42	5	dominant	dominant	ADJ
ejge-4308	42	6	theory	theory	NOUN
ejge-4308	42	7	on	on	ADP
ejge-4308	42	8	the	the	DET
ejge-4308	42	9	distinction	distinction	NOUN
ejge-4308	42	10	between	between	ADP
ejge-4308	42	11	public	public	ADJ
ejge-4308	42	12	and	and	CCONJ
ejge-4308	42	13	private	private	ADJ
ejge-4308	42	14	debt	debt	NOUN
ejge-4308	42	15	which	which	PRON
ejge-4308	42	16	hinges	hinge	VERB
ejge-4308	42	17	on	on	ADP
ejge-4308	42	18	the	the	DET
ejge-4308	42	19	claim	claim	NOUN
ejge-4308	42	20	that	that	SCONJ
ejge-4308	42	21	private	private	ADJ
ejge-4308	42	22	debt	debt	NOUN
ejge-4308	42	23	repayment	repayment	NOUN
ejge-4308	42	24	represents	represent	VERB
ejge-4308	42	25	a	a	DET
ejge-4308	42	26	reduction	reduction	NOUN
ejge-4308	42	27	in	in	ADP
ejge-4308	42	28	private	private	ADJ
ejge-4308	42	29	net	net	ADJ
ejge-4308	42	30	worth	worth	NOUN
ejge-4308	42	31	of	of	ADP
ejge-4308	42	32	the	the	DET
ejge-4308	42	33	individual	individual	NOUN
ejge-4308	42	34	,	,	PUNCT
ejge-4308	42	35	but	but	CCONJ
ejge-4308	42	36	that	that	SCONJ
ejge-4308	42	37	public	public	ADJ
ejge-4308	42	38	debt	debt	NOUN
ejge-4308	42	39	repayment	repayment	NOUN
ejge-4308	42	40	does	do	AUX
ejge-4308	42	41	not	not	PART
ejge-4308	42	42	constitute	constitute	VERB
ejge-4308	42	43	a	a	DET
ejge-4308	42	44	reduction	reduction	NOUN
ejge-4308	42	45	in	in	ADP
ejge-4308	42	46	the	the	DET
ejge-4308	42	47	cumulative	cumulative	ADJ
ejge-4308	42	48	wealth	wealth	NOUN
ejge-4308	42	49	of	of	ADP
ejge-4308	42	50	the	the	DET
ejge-4308	42	51	community	community	NOUN
ejge-4308	42	52	.	.	PUNCT
ejge-4308	43	1	however	however	ADV
ejge-4308	43	2	,	,	PUNCT
ejge-4308	43	3	when	when	SCONJ
ejge-4308	43	4	the	the	DET
ejge-4308	43	5	taxpayer	taxpayer	NOUN
ejge-4308	43	6	is	be	AUX
ejge-4308	43	7	taxed	tax	VERB
ejge-4308	43	8	for	for	ADP
ejge-4308	43	9	servicing	service	VERB
ejge-4308	43	10	the	the	DET
ejge-4308	43	11	public	public	ADJ
ejge-4308	43	12	debt	debt	NOUN
ejge-4308	43	13	,	,	PUNCT
ejge-4308	43	14	this	this	PRON
ejge-4308	43	15	reduces	reduce	VERB
ejge-4308	43	16	his	his	PRON
ejge-4308	43	17	net	net	ADJ
ejge-4308	43	18	worth	worth	NOUN
ejge-4308	43	19	,	,	PUNCT
ejge-4308	43	20	which	which	PRON
ejge-4308	43	21	is	be	AUX
ejge-4308	43	22	quite	quite	ADV
ejge-4308	43	23	similar	similar	ADJ
ejge-4308	43	24	to	to	ADP
ejge-4308	43	25	private	private	ADJ
ejge-4308	43	26	debt	debt	NOUN
ejge-4308	43	27	–	–	PUNCT
ejge-4308	43	28	and	and	CCONJ
ejge-4308	43	29	interest	interest	NOUN
ejge-4308	43	30	–	–	PUNCT
ejge-4308	43	31	repayments	repayment	NOUN
ejge-4308	43	32	.	.	PUNCT
ejge-4308	44	1	this	this	DET
ejge-4308	44	2	reduction	reduction	NOUN
ejge-4308	44	3	in	in	ADP
ejge-4308	44	4	net	net	ADJ
ejge-4308	44	5	worth	worth	NOUN
ejge-4308	44	6	must	must	AUX
ejge-4308	44	7	be	be	AUX
ejge-4308	44	8	offset	offset	VERB
ejge-4308	44	9	,	,	PUNCT
ejge-4308	44	10	not	not	PART
ejge-4308	44	11	against	against	ADP
ejge-4308	44	12	the	the	DET
ejge-4308	44	13	increase	increase	NOUN
ejge-4308	44	14	in	in	ADP
ejge-4308	44	15	net	net	ADJ
ejge-4308	44	16	worth	worth	NOUN
ejge-4308	44	17	enjoyed	enjoy	VERB
ejge-4308	44	18	by	by	ADP
ejge-4308	44	19	the	the	DET
ejge-4308	44	20	bondholder	bondholder	NOUN
ejge-4308	44	21	,	,	PUNCT
ejge-4308	44	22	but	but	CCONJ
ejge-4308	44	23	against	against	ADP
ejge-4308	44	24	the	the	DET
ejge-4308	44	25	productivity	productivity	NOUN
ejge-4308	44	26	of	of	ADP
ejge-4308	44	27	the	the	DET
ejge-4308	44	28	public	public	ADJ
ejge-4308	44	29	investments	investment	NOUN
ejge-4308	44	30	which	which	PRON
ejge-4308	44	31	are	be	AUX
ejge-4308	44	32	financed	finance	VERB
ejge-4308	44	33	by	by	ADP
ejge-4308	44	34	the	the	DET
ejge-4308	44	35	debt	debt	NOUN
ejge-4308	44	36	.	.	PUNCT
ejge-4308	45	1	indeed	indeed	ADV
ejge-4308	45	2	,	,	PUNCT
ejge-4308	45	3	the	the	DET
ejge-4308	45	4	increase	increase	NOUN
ejge-4308	45	5	in	in	ADP
ejge-4308	45	6	net	net	ADJ
ejge-4308	45	7	worth	worth	NOUN
ejge-4308	45	8	of	of	ADP
ejge-4308	45	9	the	the	DET
ejge-4308	45	10	bondholder	bondholder	NOUN
ejge-4308	45	11	will	will	AUX
ejge-4308	45	12	take	take	VERB
ejge-4308	45	13	place	place	NOUN
ejge-4308	45	14	,	,	PUNCT
ejge-4308	45	15	regardless	regardless	ADV
ejge-4308	45	16	of	of	ADP
ejge-4308	45	17	the	the	DET
ejge-4308	45	18	productivity	productivity	NOUN
ejge-4308	45	19	of	of	ADP
ejge-4308	45	20	the	the	DET
ejge-4308	45	21	public	public	ADJ
ejge-4308	45	22	project	project	NOUN
ejge-4308	45	23	.	.	PUNCT
ejge-4308	46	1	it	it	PRON
ejge-4308	46	2	follows	follow	VERB
ejge-4308	46	3	that	that	SCONJ
ejge-4308	46	4	the	the	DET
ejge-4308	46	5	taxpayer	taxpayer	NOUN
ejge-4308	46	6	(	(	PUNCT
ejge-4308	46	7	i.e.	i.e.	X
ejge-4308	46	8	the	the	DET
ejge-4308	46	9	public	public	ADJ
ejge-4308	46	10	borrower	borrower	NOUN
ejge-4308	46	11	)	)	PUNCT
ejge-4308	46	12	is	be	AUX
ejge-4308	46	13	at	at	ADP
ejge-4308	46	14	no	no	DET
ejge-4308	46	15	time	time	NOUN
ejge-4308	46	16	in	in	ADP
ejge-4308	46	17	a	a	DET
ejge-4308	46	18	different	different	ADJ
ejge-4308	46	19	position	position	NOUN
ejge-4308	46	20	from	from	ADP
ejge-4308	46	21	the	the	DET
ejge-4308	46	22	private	private	ADJ
ejge-4308	46	23	borrower	borrower	NOUN
ejge-4308	46	24	.	.	PUNCT
ejge-4308	47	1	if	if	SCONJ
ejge-4308	47	2	the	the	DET
ejge-4308	47	3	latter	latter	ADJ
ejge-4308	47	4	invests	invest	NOUN
ejge-4308	47	5	foolishly	foolishly	ADV
ejge-4308	47	6	,	,	PUNCT
ejge-4308	47	7	his	his	PRON
ejge-4308	47	8	real	real	ADJ
ejge-4308	47	9	income	income	NOUN
ejge-4308	47	10	is	be	AUX
ejge-4308	47	11	reduced	reduce	VERB
ejge-4308	47	12	when	when	SCONJ
ejge-4308	47	13	interest	interest	NOUN
ejge-4308	47	14	payments	payment	NOUN
ejge-4308	47	15	are	be	AUX
ejge-4308	47	16	due	due	ADJ
ejge-4308	47	17	.	.	PUNCT
ejge-4308	48	1	similarly	similarly	ADV
ejge-4308	48	2	,	,	PUNCT
ejge-4308	48	3	if	if	SCONJ
ejge-4308	48	4	the	the	DET
ejge-4308	48	5	state	state	NOUN
ejge-4308	48	6	uses	use	VERB
ejge-4308	48	7	borrowed	borrow	VERB
ejge-4308	48	8	funds	fund	NOUN
ejge-4308	48	9	in	in	ADP
ejge-4308	48	10	an	an	DET
ejge-4308	48	11	ill	ill	ADV
ejge-4308	48	12	-	-	PUNCT
ejge-4308	48	13	advised	advise	VERB
ejge-4308	48	14	way	way	NOUN
ejge-4308	48	15	,	,	PUNCT
ejge-4308	48	16	this	this	PRON
ejge-4308	48	17	reduces	reduce	VERB
ejge-4308	48	18	the	the	DET
ejge-4308	48	19	aggregate	aggregate	ADJ
ejge-4308	48	20	wealth	wealth	NOUN
ejge-4308	48	21	of	of	ADP
ejge-4308	48	22	the	the	DET
ejge-4308	48	23	community	community	NOUN
ejge-4308	48	24	(	(	PUNCT
ejge-4308	48	25	bhatt	bhatt	NOUN
ejge-4308	48	26	,	,	PUNCT
ejge-4308	48	27	1959	1959	NUM
ejge-4308	48	28	)	)	PUNCT
ejge-4308	48	29	.	.	PUNCT
ejge-4308	49	1	backhaus	backhaus	PROPN
ejge-4308	49	2	and	and	CCONJ
ejge-4308	49	3	wagner	wagner	PROPN
ejge-4308	49	4	(	(	PUNCT
ejge-4308	49	5	2006	2006	NUM
ejge-4308	49	6	)	)	PUNCT
ejge-4308	49	7	make	make	VERB
ejge-4308	49	8	a	a	DET
ejge-4308	49	9	similar	similar	ADJ
ejge-4308	49	10	claim	claim	NOUN
ejge-4308	49	11	,	,	PUNCT
ejge-4308	49	12	stating	state	VERB
ejge-4308	49	13	that	that	SCONJ
ejge-4308	49	14	“	"	PUNCT
ejge-4308	49	15	public	public	ADJ
ejge-4308	49	16	debt	debt	NOUN
ejge-4308	49	17	is	be	AUX
ejge-4308	49	18	just	just	ADV
ejge-4308	49	19	a	a	DET
ejge-4308	49	20	particular	particular	ADJ
ejge-4308	49	21	form	form	NOUN
ejge-4308	49	22	of	of	ADP
ejge-4308	49	23	private	private	ADJ
ejge-4308	49	24	debt	debt	NOUN
ejge-4308	49	25	,	,	PUNCT
ejge-4308	49	26	where	where	SCONJ
ejge-4308	49	27	the	the	DET
ejge-4308	49	28	borrower	borrower	NOUN
ejge-4308	49	29	is	be	AUX
ejge-4308	49	30	especially	especially	ADV
ejge-4308	49	31	powerful	powerful	ADJ
ejge-4308	49	32	”	"	PUNCT
ejge-4308	49	33	.	.	PUNCT
ejge-4308	50	1	whereas	whereas	SCONJ
ejge-4308	50	2	a	a	DET
ejge-4308	50	3	private	private	ADJ
ejge-4308	50	4	citizen	citizen	NOUN
ejge-4308	50	5	,	,	PUNCT
ejge-4308	50	6	responding	respond	VERB
ejge-4308	50	7	to	to	ADP
ejge-4308	50	8	an	an	DET
ejge-4308	50	9	unexpected	unexpected	ADJ
ejge-4308	50	10	drop	drop	NOUN
ejge-4308	50	11	in	in	ADP
ejge-4308	50	12	income	income	NOUN
ejge-4308	50	13	,	,	PUNCT
ejge-4308	50	14	might	might	AUX
ejge-4308	50	15	borrow	borrow	VERB
ejge-4308	50	16	to	to	PART
ejge-4308	50	17	smooth	smooth	VERB
ejge-4308	50	18	out	out	ADP
ejge-4308	50	19	this	this	DET
ejge-4308	50	20	decline	decline	NOUN
ejge-4308	50	21	in	in	ADP
ejge-4308	50	22	spending	spending	NOUN
ejge-4308	50	23	power	power	NOUN
ejge-4308	50	24	,	,	PUNCT
ejge-4308	50	25	so	so	ADV
ejge-4308	50	26	might	might	AUX
ejge-4308	50	27	the	the	DET
ejge-4308	50	28	sovereign	sovereign	ADJ
ejge-4308	50	29	increase	increase	VERB
ejge-4308	50	30	its	its	PRON
ejge-4308	50	31	borrowing	borrowing	NOUN
ejge-4308	50	32	when	when	SCONJ
ejge-4308	50	33	confronted	confront	VERB
ejge-4308	50	34	with	with	ADP
ejge-4308	50	35	falling	fall	VERB
ejge-4308	50	36	revenues	revenue	NOUN
ejge-4308	50	37	,	,	PUNCT
ejge-4308	50	38	for	for	ADP
ejge-4308	50	39	example	example	NOUN
ejge-4308	50	40	due	due	ADP
ejge-4308	50	41	to	to	ADP
ejge-4308	50	42	a	a	DET
ejge-4308	50	43	recession	recession	NOUN
ejge-4308	50	44	.	.	PUNCT
ejge-4308	51	1	both	both	PRON
ejge-4308	51	2	for	for	ADP
ejge-4308	51	3	the	the	DET
ejge-4308	51	4	sovereign	sovereign	NOUN
ejge-4308	51	5	and	and	CCONJ
ejge-4308	51	6	the	the	DET
ejge-4308	51	7	private	private	ADJ
ejge-4308	51	8	citizen	citizen	NOUN
ejge-4308	51	9	,	,	PUNCT
ejge-4308	51	10	debt	debt	NOUN
ejge-4308	51	11	does	do	AUX
ejge-4308	51	12	not	not	PART
ejge-4308	51	13	alter	alter	VERB
ejge-4308	51	14	its	its	PRON
ejge-4308	51	15	net	net	ADJ
ejge-4308	51	16	worth	worth	NOUN
ejge-4308	51	17	;	;	PUNCT
ejge-4308	51	18	it	it	PRON
ejge-4308	51	19	simply	simply	ADV
ejge-4308	51	20	affects	affect	VERB
ejge-4308	51	21	the	the	DET
ejge-4308	51	22	timing	timing	NOUN
ejge-4308	51	23	of	of	ADP
ejge-4308	51	24	expenditure	expenditure	NOUN
ejge-4308	51	25	.	.	PUNCT
ejge-4308	52	1	public	public	ADJ
ejge-4308	52	2	and	and	CCONJ
ejge-4308	52	3	private	private	ADJ
ejge-4308	52	4	debt	debt	NOUN
ejge-4308	52	5	are	be	AUX
ejge-4308	52	6	not	not	PART
ejge-4308	52	7	only	only	ADV
ejge-4308	52	8	interlinked	interlink	VERB
ejge-4308	52	9	and	and	CCONJ
ejge-4308	52	10	should	should	AUX
ejge-4308	52	11	therefore	therefore	ADV
ejge-4308	52	12	be	be	AUX
ejge-4308	52	13	examined	examine	VERB
ejge-4308	52	14	simultaneously	simultaneously	ADV
ejge-4308	52	15	,	,	PUNCT
ejge-4308	52	16	they	they	PRON
ejge-4308	52	17	are	be	AUX
ejge-4308	52	18	also	also	ADV
ejge-4308	52	19	often	often	ADV
ejge-4308	52	20	interchangeable	interchangeable	ADJ
ejge-4308	52	21	and	and	CCONJ
ejge-4308	52	22	should	should	AUX
ejge-4308	52	23	in	in	ADP
ejge-4308	52	24	many	many	ADJ
ejge-4308	52	25	cases	case	NOUN
ejge-4308	52	26	thus	thus	ADV
ejge-4308	52	27	be	be	AUX
ejge-4308	52	28	aggregated	aggregate	VERB
ejge-4308	52	29	to	to	PART
ejge-4308	52	30	fully	fully	ADV
ejge-4308	52	31	appreciate	appreciate	VERB
ejge-4308	52	32	the	the	DET
ejge-4308	52	33	extent	extent	NOUN
ejge-4308	52	34	to	to	PART
ejge-4308	52	35	which	which	PRON
ejge-4308	52	36	debt	debt	NOUN
ejge-4308	52	37	has	have	VERB
ejge-4308	52	38	an	an	DET
ejge-4308	52	39	impact	impact	NOUN
ejge-4308	52	40	on	on	ADP
ejge-4308	52	41	the	the	DET
ejge-4308	52	42	economy	economy	NOUN
ejge-4308	52	43	.	.	PUNCT
ejge-4308	53	1	tuition	tuition	NOUN
ejge-4308	53	2	fees	fee	NOUN
ejge-4308	53	3	for	for	ADP
ejge-4308	53	4	higher	high	ADJ
ejge-4308	53	5	education	education	NOUN
ejge-4308	53	6	exemplify	exemplify	VERB
ejge-4308	53	7	this	this	DET
ejge-4308	53	8	reasoning	reasoning	NOUN
ejge-4308	53	9	.	.	PUNCT
ejge-4308	54	1	a	a	DET
ejge-4308	54	2	college	college	NOUN
ejge-4308	54	3	10	10	NUM
ejge-4308	54	4	0	0	NUM
ejge-4308	54	5	15	15	NUM
ejge-4308	54	6	0	0	NUM
ejge-4308	54	7	20	20	NUM
ejge-4308	54	8	0	0	NUM
ejge-4308	54	9	25	25	NUM
ejge-4308	54	10	0	0	NUM
ejge-4308	54	11	p	p	X
ejge-4308	54	12	ri	ri	PROPN
ejge-4308	54	13	va	va	PROPN
ejge-4308	54	14	te	te	PROPN
ejge-4308	54	15	d	d	PROPN
ejge-4308	54	16	eb	eb	PROPN
ejge-4308	54	17	t	t	PROPN
ejge-4308	54	18	a	a	DET
ejge-4308	54	19	s	s	NOUN
ejge-4308	54	20	%	%	NOUN
ejge-4308	55	1	o	o	NOUN
ejge-4308	55	2	f	f	NOUN
ejge-4308	56	1	g	g	PROPN
ejge-4308	56	2	d	d	PROPN
ejge-4308	56	3	p	p	PROPN
ejge-4308	56	4	40	40	NUM
ejge-4308	56	5	50	50	NUM
ejge-4308	56	6	60	60	NUM
ejge-4308	56	7	70	70	NUM
ejge-4308	56	8	80	80	NUM
ejge-4308	56	9	90	90	NUM
ejge-4308	56	10	p	p	NOUN
ejge-4308	56	11	u	u	NOUN
ejge-4308	56	12	bl	bl	INTJ
ejge-4308	56	13	ic	ic	PROPN
ejge-4308	56	14	d	d	PROPN
ejge-4308	56	15	eb	eb	PROPN
ejge-4308	56	16	t	t	PROPN
ejge-4308	57	1	a	a	DET
ejge-4308	57	2	s	s	NOUN
ejge-4308	57	3	%	%	NOUN
ejge-4308	58	1	o	o	NOUN
ejge-4308	58	2	f	f	NOUN
ejge-4308	58	3	g	g	PROPN
ejge-4308	58	4	d	d	PROPN
ejge-4308	58	5	p	p	PROPN
ejge-4308	58	6	2000	2000	NUM
ejge-4308	58	7	2002	2002	NUM
ejge-4308	58	8	2004	2004	NUM
ejge-4308	58	9	2006	2006	NUM
ejge-4308	58	10	2008	2008	NUM
ejge-4308	58	11	2010	2010	NUM
ejge-4308	58	12	2012	2012	NUM
ejge-4308	58	13	year	year	NOUN
ejge-4308	58	14	public	public	ADJ
ejge-4308	58	15	debt	debt	NOUN
ejge-4308	58	16	spain	spain	PROPN
ejge-4308	58	17	private	private	ADJ
ejge-4308	58	18	debt	debt	PROPN
ejge-4308	58	19	spain	spain	PROPN
ejge-4308	58	20	spain	spain	PROPN
ejge-4308	58	21	13	13	NUM
ejge-4308	58	22	0	0	NUM
ejge-4308	58	23	14	14	NUM
ejge-4308	58	24	0	0	NUM
ejge-4308	58	25	15	15	NUM
ejge-4308	58	26	0	0	NUM
ejge-4308	58	27	16	16	NUM
ejge-4308	58	28	0	0	NUM
ejge-4308	58	29	17	17	NUM
ejge-4308	58	30	0	0	NUM
ejge-4308	59	1	p	p	PROPN
ejge-4308	59	2	ri	ri	PROPN
ejge-4308	59	3	va	va	PROPN
ejge-4308	59	4	te	te	PROPN
ejge-4308	59	5	d	d	PROPN
ejge-4308	59	6	eb	eb	PROPN
ejge-4308	59	7	t	t	PROPN
ejge-4308	59	8	a	a	DET
ejge-4308	59	9	s	s	NOUN
ejge-4308	59	10	%	%	NOUN
ejge-4308	60	1	o	o	NOUN
ejge-4308	60	2	f	f	NOUN
ejge-4308	61	1	g	g	PROPN
ejge-4308	61	2	d	d	PROPN
ejge-4308	61	3	p	p	PROPN
ejge-4308	61	4	50	50	NUM
ejge-4308	61	5	60	60	NUM
ejge-4308	61	6	70	70	NUM
ejge-4308	61	7	80	80	NUM
ejge-4308	61	8	90	90	NUM
ejge-4308	61	9	10	10	NUM
ejge-4308	61	10	0	0	NUM
ejge-4308	61	11	p	p	NOUN
ejge-4308	61	12	u	u	X
ejge-4308	61	13	bl	bl	INTJ
ejge-4308	61	14	ic	ic	PROPN
ejge-4308	61	15	d	d	PROPN
ejge-4308	61	16	eb	eb	PROPN
ejge-4308	61	17	t	t	PROPN
ejge-4308	61	18	a	a	DET
ejge-4308	61	19	s	s	NOUN
ejge-4308	61	20	%	%	NOUN
ejge-4308	62	1	o	o	NOUN
ejge-4308	62	2	f	f	NOUN
ejge-4308	62	3	g	g	PROPN
ejge-4308	62	4	d	d	PROPN
ejge-4308	62	5	p	p	PROPN
ejge-4308	62	6	2000	2000	NUM
ejge-4308	62	7	2002	2002	NUM
ejge-4308	62	8	2004	2004	NUM
ejge-4308	62	9	2006	2006	NUM
ejge-4308	62	10	2008	2008	NUM
ejge-4308	62	11	2010	2010	NUM
ejge-4308	62	12	2012	2012	NUM
ejge-4308	62	13	year	year	NOUN
ejge-4308	62	14	public	public	ADJ
ejge-4308	62	15	debt	debt	NOUN
ejge-4308	62	16	us	we	PRON
ejge-4308	62	17	private	private	ADJ
ejge-4308	62	18	debt	debt	NOUN
ejge-4308	62	19	us	we	PRON
ejge-4308	62	20	us	us	PROPN
ejge-4308	62	21	vanlaer	vanlaer	NOUN
ejge-4308	62	22	,	,	PUNCT
ejge-4308	62	23	marneffe	marneffe	PROPN
ejge-4308	62	24	,	,	PUNCT
ejge-4308	62	25	vereeck	vereeck	PROPN
ejge-4308	62	26	,	,	PUNCT
ejge-4308	62	27	van	van	PROPN
ejge-4308	62	28	overtveldt	overtveldt	PROPN
ejge-4308	62	29	●	●	X
ejge-4308	62	30	does	do	AUX
ejge-4308	62	31	debt	debt	NOUN
ejge-4308	62	32	predict	predict	VERB
ejge-4308	62	33	growth	growth	NOUN
ejge-4308	62	34	?	?	PUNCT
ejge-4308	63	1	82	82	NUM
ejge-4308	63	2	education	education	NOUN
ejge-4308	63	3	entails	entail	VERB
ejge-4308	63	4	certain	certain	ADJ
ejge-4308	63	5	costs	cost	NOUN
ejge-4308	63	6	(	(	PUNCT
ejge-4308	63	7	e.g.	e.g.	ADV
ejge-4308	63	8	paying	pay	VERB
ejge-4308	63	9	salaries	salary	NOUN
ejge-4308	63	10	to	to	ADP
ejge-4308	63	11	teachers	teacher	NOUN
ejge-4308	63	12	,	,	PUNCT
ejge-4308	63	13	building	build	VERB
ejge-4308	63	14	the	the	DET
ejge-4308	63	15	necessary	necessary	ADJ
ejge-4308	63	16	infrastructure	infrastructure	NOUN
ejge-4308	63	17	)	)	PUNCT
ejge-4308	63	18	.	.	PUNCT
ejge-4308	64	1	whether	whether	SCONJ
ejge-4308	64	2	these	these	DET
ejge-4308	64	3	costs	cost	NOUN
ejge-4308	64	4	are	be	AUX
ejge-4308	64	5	borne	bear	VERB
ejge-4308	64	6	by	by	ADP
ejge-4308	64	7	the	the	DET
ejge-4308	64	8	state	state	NOUN
ejge-4308	64	9	,	,	PUNCT
ejge-4308	64	10	by	by	ADP
ejge-4308	64	11	providing	provide	VERB
ejge-4308	64	12	free	free	ADJ
ejge-4308	64	13	higher	high	ADJ
ejge-4308	64	14	education	education	NOUN
ejge-4308	64	15	,	,	PUNCT
ejge-4308	64	16	or	or	CCONJ
ejge-4308	64	17	by	by	ADP
ejge-4308	64	18	the	the	DET
ejge-4308	64	19	students	student	NOUN
ejge-4308	64	20	by	by	ADP
ejge-4308	64	21	paying	pay	VERB
ejge-4308	64	22	full	full	ADJ
ejge-4308	64	23	cost	cost	NOUN
ejge-4308	64	24	fees	fee	NOUN
ejge-4308	64	25	,	,	PUNCT
ejge-4308	64	26	does	do	AUX
ejge-4308	64	27	not	not	PART
ejge-4308	64	28	change	change	VERB
ejge-4308	64	29	this	this	DET
ejge-4308	64	30	fact4	fact4	NOUN
ejge-4308	64	31	.	.	PUNCT
ejge-4308	65	1	so	so	ADV
ejge-4308	65	2	,	,	PUNCT
ejge-4308	65	3	it	it	PRON
ejge-4308	65	4	may	may	AUX
ejge-4308	65	5	follow	follow	VERB
ejge-4308	65	6	that	that	SCONJ
ejge-4308	65	7	either	either	CCONJ
ejge-4308	65	8	the	the	DET
ejge-4308	65	9	government	government	NOUN
ejge-4308	65	10	has	have	VERB
ejge-4308	65	11	to	to	PART
ejge-4308	65	12	take	take	VERB
ejge-4308	65	13	on	on	ADP
ejge-4308	65	14	debt	debt	NOUN
ejge-4308	65	15	in	in	ADP
ejge-4308	65	16	order	order	NOUN
ejge-4308	65	17	to	to	PART
ejge-4308	65	18	finance	finance	VERB
ejge-4308	65	19	higher	high	ADJ
ejge-4308	65	20	education	education	NOUN
ejge-4308	65	21	,	,	PUNCT
ejge-4308	65	22	or	or	CCONJ
ejge-4308	65	23	that	that	SCONJ
ejge-4308	65	24	the	the	DET
ejge-4308	65	25	individual	individual	NOUN
ejge-4308	65	26	has	have	VERB
ejge-4308	65	27	to	to	PART
ejge-4308	65	28	take	take	VERB
ejge-4308	65	29	on	on	ADP
ejge-4308	65	30	a	a	DET
ejge-4308	65	31	student	student	NOUN
ejge-4308	65	32	loan	loan	NOUN
ejge-4308	65	33	to	to	PART
ejge-4308	65	34	pay	pay	VERB
ejge-4308	65	35	for	for	ADP
ejge-4308	65	36	school	school	NOUN
ejge-4308	65	37	.	.	PUNCT
ejge-4308	66	1	a	a	DET
ejge-4308	66	2	similar	similar	ADJ
ejge-4308	66	3	argument	argument	NOUN
ejge-4308	66	4	can	can	AUX
ejge-4308	66	5	be	be	AUX
ejge-4308	66	6	made	make	VERB
ejge-4308	66	7	for	for	ADP
ejge-4308	66	8	the	the	DET
ejge-4308	66	9	provision	provision	NOUN
ejge-4308	66	10	of	of	ADP
ejge-4308	66	11	health	health	NOUN
ejge-4308	66	12	care	care	NOUN
ejge-4308	66	13	,	,	PUNCT
ejge-4308	66	14	which	which	PRON
ejge-4308	66	15	can	can	AUX
ejge-4308	66	16	be	be	AUX
ejge-4308	66	17	arranged	arrange	VERB
ejge-4308	66	18	by	by	ADP
ejge-4308	66	19	the	the	DET
ejge-4308	66	20	state	state	NOUN
ejge-4308	66	21	,	,	PUNCT
ejge-4308	66	22	e.g.	e.g.	ADV
ejge-4308	66	23	in	in	ADP
ejge-4308	66	24	the	the	DET
ejge-4308	66	25	form	form	NOUN
ejge-4308	66	26	of	of	ADP
ejge-4308	66	27	single	single	ADJ
ejge-4308	66	28	-	-	PUNCT
ejge-4308	66	29	payer	payer	NOUN
ejge-4308	66	30	healthcare	healthcare	NOUN
ejge-4308	66	31	,	,	PUNCT
ejge-4308	66	32	or	or	CCONJ
ejge-4308	66	33	via	via	ADP
ejge-4308	66	34	private	private	ADJ
ejge-4308	66	35	insurers	insurer	NOUN
ejge-4308	66	36	.	.	PUNCT
ejge-4308	67	1	likewise	likewise	ADV
ejge-4308	67	2	,	,	PUNCT
ejge-4308	67	3	governments	government	NOUN
ejge-4308	67	4	can	can	AUX
ejge-4308	67	5	choose	choose	VERB
ejge-4308	67	6	to	to	PART
ejge-4308	67	7	outsource	outsource	VERB
ejge-4308	67	8	the	the	DET
ejge-4308	67	9	exploitation	exploitation	NOUN
ejge-4308	67	10	of	of	ADP
ejge-4308	67	11	public	public	ADJ
ejge-4308	67	12	infrastructure	infrastructure	NOUN
ejge-4308	67	13	,	,	PUNCT
ejge-4308	67	14	such	such	ADJ
ejge-4308	67	15	as	as	ADP
ejge-4308	67	16	toll	toll	NOUN
ejge-4308	67	17	roads	road	NOUN
ejge-4308	67	18	,	,	PUNCT
ejge-4308	67	19	to	to	ADP
ejge-4308	67	20	private	private	ADJ
ejge-4308	67	21	partners	partner	NOUN
ejge-4308	67	22	in	in	ADP
ejge-4308	67	23	exchange	exchange	NOUN
ejge-4308	67	24	for	for	ADP
ejge-4308	67	25	co	co	NOUN
ejge-4308	67	26	-	-	NOUN
ejge-4308	67	27	financing	financing	NOUN
ejge-4308	67	28	of	of	ADP
ejge-4308	67	29	the	the	DET
ejge-4308	67	30	initial	initial	ADJ
ejge-4308	67	31	investment	investment	NOUN
ejge-4308	67	32	.	.	PUNCT
ejge-4308	68	1	in	in	ADP
ejge-4308	68	2	essence	essence	NOUN
ejge-4308	68	3	,	,	PUNCT
ejge-4308	68	4	these	these	PRON
ejge-4308	68	5	are	be	AUX
ejge-4308	68	6	basically	basically	ADV
ejge-4308	68	7	transfers	transfer	NOUN
ejge-4308	68	8	on	on	ADP
ejge-4308	68	9	the	the	DET
ejge-4308	68	10	same	same	ADJ
ejge-4308	68	11	side	side	NOUN
ejge-4308	68	12	of	of	ADP
ejge-4308	68	13	a	a	DET
ejge-4308	68	14	consolidated	consolidated	ADJ
ejge-4308	68	15	balance	balance	NOUN
ejge-4308	68	16	sheet	sheet	NOUN
ejge-4308	68	17	of	of	ADP
ejge-4308	68	18	the	the	DET
ejge-4308	68	19	society	society	NOUN
ejge-4308	68	20	.	.	PUNCT
ejge-4308	69	1	arguments	argument	NOUN
ejge-4308	69	2	on	on	ADP
ejge-4308	69	3	who	who	PRON
ejge-4308	69	4	–	–	PUNCT
ejge-4308	69	5	the	the	DET
ejge-4308	69	6	public	public	NOUN
ejge-4308	69	7	or	or	CCONJ
ejge-4308	69	8	the	the	DET
ejge-4308	69	9	private	private	ADJ
ejge-4308	69	10	sector	sector	NOUN
ejge-4308	69	11	should	should	AUX
ejge-4308	69	12	pay	pay	VERB
ejge-4308	69	13	may	may	AUX
ejge-4308	69	14	depend	depend	VERB
ejge-4308	69	15	on	on	ADP
ejge-4308	69	16	cost	cost	NOUN
ejge-4308	69	17	efficiency5	efficiency5	NOUN
ejge-4308	69	18	or	or	CCONJ
ejge-4308	69	19	ideology6	ideology6	PROPN
ejge-4308	69	20	.	.	PUNCT
ejge-4308	70	1	however	however	ADV
ejge-4308	70	2	,	,	PUNCT
ejge-4308	70	3	they	they	PRON
ejge-4308	70	4	do	do	AUX
ejge-4308	70	5	not	not	PART
ejge-4308	70	6	alter	alter	VERB
ejge-4308	70	7	the	the	DET
ejge-4308	70	8	overall	overall	ADJ
ejge-4308	70	9	need	need	NOUN
ejge-4308	70	10	for	for	ADP
ejge-4308	70	11	financing	finance	VERB
ejge-4308	70	12	these	these	DET
ejge-4308	70	13	projects	project	NOUN
ejge-4308	70	14	and	and	CCONJ
ejge-4308	70	15	services	service	NOUN
ejge-4308	70	16	.	.	PUNCT
ejge-4308	71	1	public	public	ADJ
ejge-4308	71	2	debt	debt	NOUN
ejge-4308	71	3	and	and	CCONJ
ejge-4308	71	4	private	private	ADJ
ejge-4308	71	5	credit	credit	NOUN
ejge-4308	71	6	are	be	AUX
ejge-4308	71	7	therefore	therefore	ADV
ejge-4308	71	8	communicating	communicate	VERB
ejge-4308	71	9	vessels	vessel	NOUN
ejge-4308	71	10	and	and	CCONJ
ejge-4308	71	11	should	should	AUX
ejge-4308	71	12	not	not	PART
ejge-4308	71	13	be	be	AUX
ejge-4308	71	14	analysed	analyse	VERB
ejge-4308	71	15	separately	separately	ADV
ejge-4308	71	16	.	.	PUNCT
ejge-4308	72	1	focusing	focus	VERB
ejge-4308	72	2	on	on	ADP
ejge-4308	72	3	only	only	ADV
ejge-4308	72	4	one	one	NUM
ejge-4308	72	5	is	be	AUX
ejge-4308	72	6	likely	likely	ADJ
ejge-4308	72	7	to	to	PART
ejge-4308	72	8	yield	yield	VERB
ejge-4308	72	9	a	a	DET
ejge-4308	72	10	distorted	distorted	ADJ
ejge-4308	72	11	view	view	NOUN
ejge-4308	72	12	of	of	ADP
ejge-4308	72	13	the	the	DET
ejge-4308	72	14	level	level	NOUN
ejge-4308	72	15	indebtedness	indebtedness	NOUN
ejge-4308	72	16	in	in	ADP
ejge-4308	72	17	and	and	CCONJ
ejge-4308	72	18	its	its	PRON
ejge-4308	72	19	impact	impact	NOUN
ejge-4308	72	20	on	on	ADP
ejge-4308	72	21	an	an	DET
ejge-4308	72	22	economy	economy	NOUN
ejge-4308	72	23	.	.	PUNCT
ejge-4308	73	1	therefore	therefore	ADV
ejge-4308	73	2	,	,	PUNCT
ejge-4308	73	3	this	this	DET
ejge-4308	73	4	paper	paper	NOUN
ejge-4308	73	5	studies	study	NOUN
ejge-4308	73	6	the	the	DET
ejge-4308	73	7	link	link	NOUN
ejge-4308	73	8	between	between	ADP
ejge-4308	73	9	the	the	DET
ejge-4308	73	10	total	total	ADJ
ejge-4308	73	11	level	level	NOUN
ejge-4308	73	12	of	of	ADP
ejge-4308	73	13	debt	debt	NOUN
ejge-4308	73	14	-	-	PUNCT
ejge-4308	73	15	to	to	ADP
ejge-4308	73	16	-	-	PUNCT
ejge-4308	73	17	gdp	gdp	NOUN
ejge-4308	73	18	,	,	PUNCT
ejge-4308	73	19	and	and	CCONJ
ejge-4308	73	20	changes	change	NOUN
ejge-4308	73	21	in	in	ADP
ejge-4308	73	22	that	that	DET
ejge-4308	73	23	level	level	NOUN
ejge-4308	73	24	,	,	PUNCT
ejge-4308	73	25	and	and	CCONJ
ejge-4308	73	26	economic	economic	ADJ
ejge-4308	73	27	growth	growth	NOUN
ejge-4308	73	28	.	.	PUNCT
ejge-4308	74	1	we	we	PRON
ejge-4308	74	2	analyse	analyse	VERB
ejge-4308	74	3	whether	whether	SCONJ
ejge-4308	74	4	we	we	PRON
ejge-4308	74	5	can	can	AUX
ejge-4308	74	6	predict	predict	VERB
ejge-4308	74	7	the	the	DET
ejge-4308	74	8	future	future	ADJ
ejge-4308	74	9	level	level	NOUN
ejge-4308	74	10	of	of	ADP
ejge-4308	74	11	growth	growth	NOUN
ejge-4308	74	12	,	,	PUNCT
ejge-4308	74	13	simply	simply	ADV
ejge-4308	74	14	by	by	ADP
ejge-4308	74	15	looking	look	VERB
ejge-4308	74	16	at	at	ADP
ejge-4308	74	17	the	the	DET
ejge-4308	74	18	total	total	ADJ
ejge-4308	74	19	level	level	NOUN
ejge-4308	74	20	of	of	ADP
ejge-4308	74	21	debt	debt	NOUN
ejge-4308	74	22	,	,	PUNCT
ejge-4308	74	23	or	or	CCONJ
ejge-4308	74	24	increases	increase	NOUN
ejge-4308	74	25	in	in	ADP
ejge-4308	74	26	that	that	DET
ejge-4308	74	27	debt	debt	NOUN
ejge-4308	74	28	level	level	NOUN
ejge-4308	74	29	.	.	PUNCT
ejge-4308	75	1	2	2	X
ejge-4308	75	2	.	.	X
ejge-4308	75	3	review	review	NOUN
ejge-4308	75	4	of	of	ADP
ejge-4308	75	5	literature	literature	NOUN
ejge-4308	75	6	the	the	DET
ejge-4308	75	7	debate	debate	NOUN
ejge-4308	75	8	on	on	ADP
ejge-4308	75	9	the	the	DET
ejge-4308	75	10	relationship	relationship	NOUN
ejge-4308	75	11	between	between	ADP
ejge-4308	75	12	public	public	ADJ
ejge-4308	75	13	debt	debt	NOUN
ejge-4308	75	14	and	and	CCONJ
ejge-4308	75	15	economic	economic	ADJ
ejge-4308	75	16	growth	growth	NOUN
ejge-4308	75	17	was	be	AUX
ejge-4308	75	18	revived	revive	VERB
ejge-4308	75	19	by	by	ADP
ejge-4308	75	20	reinhart	reinhart	NOUN
ejge-4308	75	21	and	and	CCONJ
ejge-4308	75	22	rogoff	rogoff	NOUN
ejge-4308	75	23	(	(	PUNCT
ejge-4308	75	24	2010	2010	NUM
ejge-4308	75	25	)	)	PUNCT
ejge-4308	75	26	,	,	PUNCT
ejge-4308	75	27	which	which	PRON
ejge-4308	75	28	was	be	AUX
ejge-4308	75	29	part	part	NOUN
ejge-4308	75	30	of	of	ADP
ejge-4308	75	31	a	a	DET
ejge-4308	75	32	much	much	ADV
ejge-4308	75	33	larger	large	ADJ
ejge-4308	75	34	empirical	empirical	ADJ
ejge-4308	75	35	analysis	analysis	NOUN
ejge-4308	75	36	they	they	PRON
ejge-4308	75	37	performed	perform	VERB
ejge-4308	75	38	in	in	ADP
ejge-4308	75	39	their	their	PRON
ejge-4308	75	40	book	book	NOUN
ejge-4308	75	41	this	this	DET
ejge-4308	75	42	time	time	NOUN
ejge-4308	75	43	is	be	AUX
ejge-4308	75	44	different	different	ADJ
ejge-4308	75	45	:	:	PUNCT
ejge-4308	75	46	eight	eight	NUM
ejge-4308	75	47	centuries	century	NOUN
ejge-4308	75	48	of	of	ADP
ejge-4308	75	49	financial	financial	ADJ
ejge-4308	75	50	folly	folly	NOUN
ejge-4308	75	51	(	(	PUNCT
ejge-4308	75	52	2009	2009	NUM
ejge-4308	75	53	)	)	PUNCT
ejge-4308	75	54	.	.	PUNCT
ejge-4308	76	1	their	their	PRON
ejge-4308	76	2	methods	method	NOUN
ejge-4308	76	3	are	be	AUX
ejge-4308	76	4	temptingly	temptingly	ADV
ejge-4308	76	5	straightforward	straightforward	ADJ
ejge-4308	76	6	.	.	PUNCT
ejge-4308	77	1	reinhart	reinhart	NOUN
ejge-4308	77	2	and	and	CCONJ
ejge-4308	77	3	rogoff	rogoff	PROPN
ejge-4308	77	4	group	group	NOUN
ejge-4308	77	5	country	country	NOUN
ejge-4308	77	6	-	-	PUNCT
ejge-4308	77	7	years	year	NOUN
ejge-4308	77	8	in	in	ADP
ejge-4308	77	9	four	four	NUM
ejge-4308	77	10	categories	category	NOUN
ejge-4308	77	11	by	by	ADP
ejge-4308	77	12	public	public	ADJ
ejge-4308	77	13	debt	debt	NOUN
ejge-4308	77	14	-	-	PUNCT
ejge-4308	77	15	to	to	ADP
ejge-4308	77	16	-	-	PUNCT
ejge-4308	77	17	gdp	gdp	NOUN
ejge-4308	77	18	ratios	ratio	NOUN
ejge-4308	77	19	:	:	PUNCT
ejge-4308	77	20	0	0	NUM
ejge-4308	77	21	-	-	SYM
ejge-4308	77	22	30	30	NUM
ejge-4308	77	23	percent	percent	NOUN
ejge-4308	77	24	,	,	PUNCT
ejge-4308	77	25	30	30	NUM
ejge-4308	77	26	-	-	SYM
ejge-4308	77	27	60	60	NUM
ejge-4308	77	28	percent	percent	NOUN
ejge-4308	77	29	,	,	PUNCT
ejge-4308	77	30	60	60	NUM
ejge-4308	77	31	-	-	SYM
ejge-4308	77	32	90	90	NUM
ejge-4308	77	33	percent	percent	NOUN
ejge-4308	77	34	,	,	PUNCT
ejge-4308	77	35	and	and	CCONJ
ejge-4308	77	36	more	more	ADJ
ejge-4308	77	37	than	than	ADP
ejge-4308	77	38	90	90	NUM
ejge-4308	77	39	percent	percent	NOUN
ejge-4308	77	40	.	.	PUNCT
ejge-4308	78	1	next	next	ADV
ejge-4308	78	2	,	,	PUNCT
ejge-4308	78	3	they	they	PRON
ejge-4308	78	4	compare	compare	VERB
ejge-4308	78	5	real	real	ADJ
ejge-4308	78	6	gdp	gdp	NOUN
ejge-4308	78	7	growth	growth	NOUN
ejge-4308	78	8	rates	rate	NOUN
ejge-4308	78	9	across	across	ADP
ejge-4308	78	10	these	these	DET
ejge-4308	78	11	different	different	ADJ
ejge-4308	78	12	groups	group	NOUN
ejge-4308	78	13	.	.	PUNCT
ejge-4308	79	1	they	they	PRON
ejge-4308	79	2	find	find	VERB
ejge-4308	79	3	that	that	SCONJ
ejge-4308	79	4	this	this	DET
ejge-4308	79	5	relationship	relationship	NOUN
ejge-4308	79	6	is	be	AUX
ejge-4308	79	7	rather	rather	ADV
ejge-4308	79	8	weak	weak	ADJ
ejge-4308	79	9	for	for	ADP
ejge-4308	79	10	public	public	ADJ
ejge-4308	79	11	debt	debt	NOUN
ejge-4308	79	12	-	-	PUNCT
ejge-4308	79	13	to	to	ADP
ejge-4308	79	14	-	-	PUNCT
ejge-4308	79	15	gdp	gdp	NOUN
ejge-4308	79	16	ratios	ratio	NOUN
ejge-4308	79	17	below	below	ADP
ejge-4308	79	18	a	a	DET
ejge-4308	79	19	threshold	threshold	NOUN
ejge-4308	79	20	of	of	ADP
ejge-4308	79	21	90	90	NUM
ejge-4308	79	22	%	%	NOUN
ejge-4308	79	23	.	.	PUNCT
ejge-4308	80	1	for	for	ADP
ejge-4308	80	2	debt	debt	NOUN
ejge-4308	80	3	levels	level	NOUN
ejge-4308	80	4	above	above	ADP
ejge-4308	80	5	90	90	NUM
ejge-4308	80	6	%	%	NOUN
ejge-4308	80	7	,	,	PUNCT
ejge-4308	80	8	however	however	ADV
ejge-4308	80	9	,	,	PUNCT
ejge-4308	80	10	median	median	ADJ
ejge-4308	80	11	growth	growth	NOUN
ejge-4308	80	12	rates	rate	NOUN
ejge-4308	80	13	go	go	VERB
ejge-4308	80	14	down	down	ADP
ejge-4308	80	15	by	by	ADP
ejge-4308	80	16	around	around	ADV
ejge-4308	80	17	one	one	NUM
ejge-4308	80	18	percent	percent	NOUN
ejge-4308	80	19	and	and	CCONJ
ejge-4308	80	20	average	average	ADJ
ejge-4308	80	21	growth	growth	NOUN
ejge-4308	80	22	falls	fall	VERB
ejge-4308	80	23	even	even	ADV
ejge-4308	80	24	more	more	ADV
ejge-4308	80	25	.	.	PUNCT
ejge-4308	81	1	this	this	PRON
ejge-4308	81	2	has	have	AUX
ejge-4308	81	3	subsequently	subsequently	ADV
ejge-4308	81	4	been	be	AUX
ejge-4308	81	5	referred	refer	VERB
ejge-4308	81	6	to	to	ADP
ejge-4308	81	7	as	as	ADP
ejge-4308	81	8	the	the	DET
ejge-4308	81	9	nonlinear	nonlinear	ADJ
ejge-4308	81	10	relationship	relationship	NOUN
ejge-4308	81	11	between	between	ADP
ejge-4308	81	12	public	public	ADJ
ejge-4308	81	13	debt	debt	NOUN
ejge-4308	81	14	and	and	CCONJ
ejge-4308	81	15	economic	economic	ADJ
ejge-4308	81	16	growth	growth	NOUN
ejge-4308	81	17	(	(	PUNCT
ejge-4308	81	18	minea	minea	NOUN
ejge-4308	81	19	and	and	CCONJ
ejge-4308	81	20	parent	parent	NOUN
ejge-4308	81	21	,	,	PUNCT
ejge-4308	81	22	2012	2012	NUM
ejge-4308	81	23	)	)	PUNCT
ejge-4308	81	24	.	.	PUNCT
ejge-4308	82	1	afterwards	afterwards	ADV
ejge-4308	82	2	,	,	PUNCT
ejge-4308	82	3	in	in	ADP
ejge-4308	82	4	a	a	DET
ejge-4308	82	5	critical	critical	ADJ
ejge-4308	82	6	attempt	attempt	NOUN
ejge-4308	82	7	to	to	PART
ejge-4308	82	8	replicate	replicate	VERB
ejge-4308	82	9	the	the	DET
ejge-4308	82	10	results	result	NOUN
ejge-4308	82	11	of	of	ADP
ejge-4308	82	12	reinhart	reinhart	NOUN
ejge-4308	82	13	and	and	CCONJ
ejge-4308	82	14	rogoff	rogoff	NOUN
ejge-4308	82	15	’s	’s	PART
ejge-4308	82	16	2009	2009	NUM
ejge-4308	82	17	paper	paper	NOUN
ejge-4308	82	18	,	,	PUNCT
ejge-4308	82	19	herndon	herndon	PROPN
ejge-4308	82	20	,	,	PUNCT
ejge-4308	82	21	ash	ash	NOUN
ejge-4308	82	22	and	and	CCONJ
ejge-4308	82	23	pollin	pollin	PROPN
ejge-4308	82	24	(	(	PUNCT
ejge-4308	82	25	2014	2014	NUM
ejge-4308	82	26	)	)	PUNCT
ejge-4308	82	27	uncovered	uncover	VERB
ejge-4308	82	28	“	"	PUNCT
ejge-4308	82	29	data	datum	NOUN
ejge-4308	82	30	omissions	omission	NOUN
ejge-4308	82	31	,	,	PUNCT
ejge-4308	82	32	questionable	questionable	ADJ
ejge-4308	82	33	methods	method	NOUN
ejge-4308	82	34	of	of	ADP
ejge-4308	82	35	weighting	weighting	NOUN
ejge-4308	82	36	and	and	CCONJ
ejge-4308	82	37	elementary	elementary	ADJ
ejge-4308	82	38	coding	code	VERB
ejge-4308	82	39	errors	error	NOUN
ejge-4308	82	40	”	"	PUNCT
ejge-4308	82	41	.	.	PUNCT
ejge-4308	83	1	they	they	PRON
ejge-4308	83	2	assert	assert	VERB
ejge-4308	83	3	that	that	SCONJ
ejge-4308	83	4	,	,	PUNCT
ejge-4308	83	5	when	when	SCONJ
ejge-4308	83	6	these	these	DET
ejge-4308	83	7	errors	error	NOUN
ejge-4308	83	8	are	be	AUX
ejge-4308	83	9	corrected	correct	VERB
ejge-4308	83	10	,	,	PUNCT
ejge-4308	83	11	average	average	ADJ
ejge-4308	83	12	growth	growth	NOUN
ejge-4308	83	13	at	at	ADP
ejge-4308	83	14	public	public	ADJ
ejge-4308	83	15	debt	debt	NOUN
ejge-4308	83	16	levels	level	NOUN
ejge-4308	83	17	above	above	ADP
ejge-4308	83	18	the	the	DET
ejge-4308	83	19	90	90	NUM
ejge-4308	83	20	%	%	NOUN
ejge-4308	83	21	threshold	threshold	NOUN
ejge-4308	83	22	does	do	AUX
ejge-4308	83	23	not	not	PART
ejge-4308	83	24	vary	vary	VERB
ejge-4308	83	25	dramatically	dramatically	ADV
ejge-4308	83	26	from	from	ADP
ejge-4308	83	27	average	average	ADJ
ejge-4308	83	28	growth	growth	NOUN
ejge-4308	83	29	at	at	ADP
ejge-4308	83	30	lower	low	ADJ
ejge-4308	83	31	debt	debt	NOUN
ejge-4308	83	32	levels	level	NOUN
ejge-4308	83	33	.	.	PUNCT
ejge-4308	84	1	in	in	ADP
ejge-4308	84	2	a	a	DET
ejge-4308	84	3	study	study	NOUN
ejge-4308	84	4	by	by	ADP
ejge-4308	84	5	woo	woo	NOUN
ejge-4308	84	6	and	and	CCONJ
ejge-4308	84	7	kumar	kumar	PROPN
ejge-4308	84	8	(	(	PUNCT
ejge-4308	84	9	2015	2015	NUM
ejge-4308	84	10	)	)	PUNCT
ejge-4308	84	11	,	,	PUNCT
ejge-4308	84	12	the	the	DET
ejge-4308	84	13	impact	impact	NOUN
ejge-4308	84	14	of	of	ADP
ejge-4308	84	15	the	the	DET
ejge-4308	84	16	initial	initial	ADJ
ejge-4308	84	17	debt	debt	NOUN
ejge-4308	84	18	-	-	PUNCT
ejge-4308	84	19	to	to	ADP
ejge-4308	84	20	-	-	PUNCT
ejge-4308	84	21	gdp	gdp	NOUN
ejge-4308	84	22	level	level	NOUN
ejge-4308	84	23	on	on	ADP
ejge-4308	84	24	subsequent	subsequent	ADJ
ejge-4308	84	25	gdp	gdp	NOUN
ejge-4308	84	26	growth	growth	NOUN
ejge-4308	84	27	was	be	AUX
ejge-4308	84	28	explored	explore	VERB
ejge-4308	84	29	.	.	PUNCT
ejge-4308	85	1	they	they	PRON
ejge-4308	85	2	authors	author	NOUN
ejge-4308	85	3	find	find	VERB
ejge-4308	85	4	that	that	SCONJ
ejge-4308	85	5	a	a	DET
ejge-4308	85	6	10	10	NUM
ejge-4308	85	7	percentage	percentage	NOUN
ejge-4308	85	8	point	point	NOUN
ejge-4308	85	9	increase	increase	NOUN
ejge-4308	85	10	in	in	ADP
ejge-4308	85	11	the	the	DET
ejge-4308	85	12	initial	initial	ADJ
ejge-4308	85	13	public	public	ADJ
ejge-4308	85	14	debt	debt	NOUN
ejge-4308	85	15	level	level	NOUN
ejge-4308	85	16	reduces	reduce	VERB
ejge-4308	85	17	gdp	gdp	NOUN
ejge-4308	85	18	per	per	ADP
ejge-4308	85	19	capita	capita	NOUN
ejge-4308	85	20	by	by	ADP
ejge-4308	85	21	around	around	ADV
ejge-4308	85	22	0.2	0.2	NUM
ejge-4308	85	23	percentage	percentage	NOUN
ejge-4308	85	24	points	point	NOUN
ejge-4308	85	25	a	a	DET
ejge-4308	85	26	year	year	NOUN
ejge-4308	85	27	.	.	PUNCT
ejge-4308	86	1	4	4	NUM
ejge-4308	86	2	of	of	ADP
ejge-4308	86	3	course	course	NOUN
ejge-4308	86	4	,	,	PUNCT
ejge-4308	86	5	one	one	PRON
ejge-4308	86	6	can	can	AUX
ejge-4308	86	7	argue	argue	VERB
ejge-4308	86	8	that	that	SCONJ
ejge-4308	86	9	a	a	DET
ejge-4308	86	10	private	private	ADJ
ejge-4308	86	11	institution	institution	NOUN
ejge-4308	86	12	is	be	AUX
ejge-4308	86	13	better	well	ADV
ejge-4308	86	14	managed	manage	VERB
ejge-4308	86	15	than	than	ADP
ejge-4308	86	16	a	a	DET
ejge-4308	86	17	college	college	NOUN
ejge-4308	86	18	that	that	PRON
ejge-4308	86	19	is	be	AUX
ejge-4308	86	20	run	run	VERB
ejge-4308	86	21	by	by	ADP
ejge-4308	86	22	the	the	DET
ejge-4308	86	23	state	state	NOUN
ejge-4308	86	24	and	and	CCONJ
ejge-4308	86	25	that	that	SCONJ
ejge-4308	86	26	thus	thus	ADV
ejge-4308	86	27	the	the	DET
ejge-4308	86	28	total	total	ADJ
ejge-4308	86	29	cost	cost	NOUN
ejge-4308	86	30	for	for	ADP
ejge-4308	86	31	society	society	NOUN
ejge-4308	86	32	is	be	AUX
ejge-4308	86	33	lower	low	ADJ
ejge-4308	86	34	in	in	ADP
ejge-4308	86	35	the	the	DET
ejge-4308	86	36	former	former	ADJ
ejge-4308	86	37	case	case	NOUN
ejge-4308	86	38	,	,	PUNCT
ejge-4308	86	39	but	but	CCONJ
ejge-4308	86	40	that	that	DET
ejge-4308	86	41	discussion	discussion	NOUN
ejge-4308	86	42	is	be	AUX
ejge-4308	86	43	beyond	beyond	ADP
ejge-4308	86	44	the	the	DET
ejge-4308	86	45	scope	scope	NOUN
ejge-4308	86	46	of	of	ADP
ejge-4308	86	47	this	this	DET
ejge-4308	86	48	paper	paper	NOUN
ejge-4308	86	49	.	.	PUNCT
ejge-4308	87	1	5	5	NUM
ejge-4308	87	2	in	in	ADP
ejge-4308	87	3	some	some	DET
ejge-4308	87	4	instances	instance	NOUN
ejge-4308	87	5	,	,	PUNCT
ejge-4308	87	6	it	it	PRON
ejge-4308	87	7	may	may	AUX
ejge-4308	87	8	be	be	AUX
ejge-4308	87	9	more	more	ADV
ejge-4308	87	10	efficient	efficient	ADJ
ejge-4308	87	11	if	if	SCONJ
ejge-4308	87	12	the	the	DET
ejge-4308	87	13	state	state	NOUN
ejge-4308	87	14	pays	pay	VERB
ejge-4308	87	15	for	for	ADP
ejge-4308	87	16	a	a	DET
ejge-4308	87	17	particular	particular	ADJ
ejge-4308	87	18	service	service	NOUN
ejge-4308	87	19	(	(	PUNCT
ejge-4308	87	20	e.g.	e.g.	ADV
ejge-4308	87	21	health	health	NOUN
ejge-4308	87	22	care	care	NOUN
ejge-4308	87	23	)	)	PUNCT
ejge-4308	87	24	,	,	PUNCT
ejge-4308	87	25	while	while	SCONJ
ejge-4308	87	26	in	in	ADV
ejge-4308	87	27	–	–	PUNCT
ejge-4308	87	28	many	many	ADJ
ejge-4308	87	29	other	other	ADJ
ejge-4308	87	30	case	case	NOUN
ejge-4308	87	31	the	the	DET
ejge-4308	87	32	private	private	ADJ
ejge-4308	87	33	market	market	NOUN
ejge-4308	87	34	produces	produce	VERB
ejge-4308	87	35	more	more	ADV
ejge-4308	87	36	efficient	efficient	ADJ
ejge-4308	87	37	outcomes	outcome	NOUN
ejge-4308	87	38	(	(	PUNCT
ejge-4308	87	39	e.g.	e.g.	ADV
ejge-4308	87	40	telecoms	telecom	NOUN
ejge-4308	87	41	services	service	NOUN
ejge-4308	87	42	)	)	PUNCT
ejge-4308	87	43	.	.	PUNCT
ejge-4308	88	1	6	6	NUM
ejge-4308	88	2	some	some	DET
ejge-4308	88	3	people	people	NOUN
ejge-4308	88	4	simple	simple	ADJ
ejge-4308	88	5	prefer	prefer	VERB
ejge-4308	88	6	a	a	DET
ejge-4308	88	7	smaller	small	ADJ
ejge-4308	88	8	or	or	CCONJ
ejge-4308	88	9	a	a	DET
ejge-4308	88	10	larger	large	ADJ
ejge-4308	88	11	state	state	NOUN
ejge-4308	88	12	than	than	ADP
ejge-4308	88	13	others	other	NOUN
ejge-4308	88	14	.	.	PUNCT
ejge-4308	89	1	european	european	ADJ
ejge-4308	89	2	journal	journal	PROPN
ejge-4308	89	3	of	of	ADP
ejge-4308	89	4	government	government	NOUN
ejge-4308	89	5	and	and	CCONJ
ejge-4308	89	6	economics	economic	NOUN
ejge-4308	89	7	4(2	4(2	NUM
ejge-4308	89	8	)	)	PUNCT
ejge-4308	89	9	83	83	NUM
ejge-4308	89	10	baum	baum	NOUN
ejge-4308	89	11	,	,	PUNCT
ejge-4308	89	12	checherita	checherita	NOUN
ejge-4308	89	13	-	-	PUNCT
ejge-4308	89	14	westphal	westphal	NOUN
ejge-4308	89	15	,	,	PUNCT
ejge-4308	89	16	and	and	CCONJ
ejge-4308	89	17	rother	rother	PROPN
ejge-4308	89	18	(	(	PUNCT
ejge-4308	89	19	2013	2013	NUM
ejge-4308	89	20	)	)	PUNCT
ejge-4308	89	21	analysed	analyse	VERB
ejge-4308	89	22	the	the	DET
ejge-4308	89	23	impact	impact	NOUN
ejge-4308	89	24	of	of	ADP
ejge-4308	89	25	public	public	ADJ
ejge-4308	89	26	debt	debt	NOUN
ejge-4308	89	27	on	on	ADP
ejge-4308	89	28	gdp	gdp	NOUN
ejge-4308	89	29	in	in	ADP
ejge-4308	89	30	the	the	DET
ejge-4308	89	31	emu	emu	PROPN
ejge-4308	89	32	by	by	ADP
ejge-4308	89	33	using	use	VERB
ejge-4308	89	34	a	a	DET
ejge-4308	89	35	dynamic	dynamic	ADJ
ejge-4308	89	36	threshold	threshold	NOUN
ejge-4308	89	37	panel	panel	NOUN
ejge-4308	89	38	methodology	methodology	NOUN
ejge-4308	89	39	.	.	PUNCT
ejge-4308	90	1	they	they	PRON
ejge-4308	90	2	identify	identify	VERB
ejge-4308	90	3	an	an	DET
ejge-4308	90	4	inverse	inverse	NOUN
ejge-4308	90	5	u	u	NOUN
ejge-4308	90	6	-	-	ADJ
ejge-4308	90	7	shaped	shape	VERB
ejge-4308	90	8	relationship	relationship	NOUN
ejge-4308	90	9	between	between	ADP
ejge-4308	90	10	public	public	ADJ
ejge-4308	90	11	debt	debt	NOUN
ejge-4308	90	12	and	and	CCONJ
ejge-4308	90	13	growth	growth	NOUN
ejge-4308	90	14	as	as	SCONJ
ejge-4308	90	15	their	their	PRON
ejge-4308	90	16	findings	finding	NOUN
ejge-4308	90	17	suggest	suggest	VERB
ejge-4308	90	18	that	that	SCONJ
ejge-4308	90	19	the	the	DET
ejge-4308	90	20	short	short	ADJ
ejge-4308	90	21	-	-	PUNCT
ejge-4308	90	22	run	run	NOUN
ejge-4308	90	23	impact	impact	NOUN
ejge-4308	90	24	of	of	ADP
ejge-4308	90	25	debt	debt	NOUN
ejge-4308	90	26	is	be	AUX
ejge-4308	90	27	positive	positive	ADJ
ejge-4308	90	28	,	,	PUNCT
ejge-4308	90	29	decreases	decrease	VERB
ejge-4308	90	30	to	to	ADP
ejge-4308	90	31	zero	zero	NUM
ejge-4308	90	32	at	at	ADP
ejge-4308	90	33	a	a	DET
ejge-4308	90	34	public	public	ADJ
ejge-4308	90	35	debt	debt	NOUN
ejge-4308	90	36	/	/	SYM
ejge-4308	90	37	gdp	gdp	NOUN
ejge-4308	90	38	ratio	ratio	NOUN
ejge-4308	90	39	of	of	ADP
ejge-4308	90	40	around	around	ADV
ejge-4308	90	41	67	67	NUM
ejge-4308	90	42	%	%	NOUN
ejge-4308	90	43	and	and	CCONJ
ejge-4308	90	44	is	be	AUX
ejge-4308	90	45	significantly	significantly	ADV
ejge-4308	90	46	negative	negative	ADJ
ejge-4308	90	47	at	at	ADP
ejge-4308	90	48	debt	debt	NOUN
ejge-4308	90	49	ratios	ratio	NOUN
ejge-4308	90	50	above	above	ADP
ejge-4308	90	51	90	90	NUM
ejge-4308	90	52	%	%	NOUN
ejge-4308	90	53	.	.	PUNCT
ejge-4308	91	1	critics	critic	NOUN
ejge-4308	91	2	of	of	ADP
ejge-4308	91	3	the	the	DET
ejge-4308	91	4	original	original	ADJ
ejge-4308	91	5	reinhart	reinhart	NOUN
ejge-4308	91	6	and	and	CCONJ
ejge-4308	91	7	rogoff	rogoff	NOUN
ejge-4308	91	8	(	(	PUNCT
ejge-4308	91	9	2009	2009	NUM
ejge-4308	91	10	)	)	PUNCT
ejge-4308	91	11	paper	paper	NOUN
ejge-4308	91	12	reply	reply	NOUN
ejge-4308	91	13	that	that	SCONJ
ejge-4308	91	14	,	,	PUNCT
ejge-4308	91	15	while	while	SCONJ
ejge-4308	91	16	there	there	PRON
ejge-4308	91	17	may	may	AUX
ejge-4308	91	18	very	very	ADV
ejge-4308	91	19	well	well	ADV
ejge-4308	91	20	be	be	AUX
ejge-4308	91	21	a	a	DET
ejge-4308	91	22	negative	negative	ADJ
ejge-4308	91	23	relationship	relationship	NOUN
ejge-4308	91	24	between	between	ADP
ejge-4308	91	25	public	public	ADJ
ejge-4308	91	26	debt	debt	NOUN
ejge-4308	91	27	and	and	CCONJ
ejge-4308	91	28	economic	economic	ADJ
ejge-4308	91	29	growth	growth	NOUN
ejge-4308	91	30	,	,	PUNCT
ejge-4308	91	31	the	the	DET
ejge-4308	91	32	effect	effect	NOUN
ejge-4308	91	33	works	work	VERB
ejge-4308	91	34	in	in	ADP
ejge-4308	91	35	the	the	DET
ejge-4308	91	36	opposite	opposite	ADJ
ejge-4308	91	37	direction	direction	NOUN
ejge-4308	91	38	to	to	ADP
ejge-4308	91	39	what	what	PRON
ejge-4308	91	40	the	the	DET
ejge-4308	91	41	supporters	supporter	NOUN
ejge-4308	91	42	of	of	ADP
ejge-4308	91	43	austerity	austerity	NOUN
ejge-4308	91	44	claim	claim	NOUN
ejge-4308	91	45	.	.	PUNCT
ejge-4308	92	1	it	it	PRON
ejge-4308	92	2	is	be	AUX
ejge-4308	92	3	low	low	ADJ
ejge-4308	92	4	growth	growth	NOUN
ejge-4308	92	5	that	that	PRON
ejge-4308	92	6	causes	cause	VERB
ejge-4308	92	7	the	the	DET
ejge-4308	92	8	state	state	NOUN
ejge-4308	92	9	revenues	revenue	NOUN
ejge-4308	92	10	to	to	PART
ejge-4308	92	11	fall	fall	VERB
ejge-4308	92	12	and	and	CCONJ
ejge-4308	92	13	public	public	ADJ
ejge-4308	92	14	expenditures	expenditure	NOUN
ejge-4308	92	15	to	to	PART
ejge-4308	92	16	rise	rise	VERB
ejge-4308	92	17	,	,	PUNCT
ejge-4308	92	18	thus	thus	ADV
ejge-4308	92	19	resulting	result	VERB
ejge-4308	92	20	in	in	ADP
ejge-4308	92	21	a	a	DET
ejge-4308	92	22	higher	high	ADJ
ejge-4308	92	23	level	level	NOUN
ejge-4308	92	24	of	of	ADP
ejge-4308	92	25	public	public	ADJ
ejge-4308	92	26	debt	debt	NOUN
ejge-4308	92	27	.	.	PUNCT
ejge-4308	93	1	lof	lof	PROPN
ejge-4308	93	2	and	and	CCONJ
ejge-4308	93	3	malinen	malinen	PROPN
ejge-4308	93	4	(	(	PUNCT
ejge-4308	93	5	2014	2014	NUM
ejge-4308	93	6	)	)	PUNCT
ejge-4308	93	7	tried	try	VERB
ejge-4308	93	8	to	to	PART
ejge-4308	93	9	tackle	tackle	VERB
ejge-4308	93	10	the	the	DET
ejge-4308	93	11	issue	issue	NOUN
ejge-4308	93	12	of	of	ADP
ejge-4308	93	13	reverse	reverse	ADJ
ejge-4308	93	14	causality	causality	NOUN
ejge-4308	93	15	by	by	ADP
ejge-4308	93	16	using	use	VERB
ejge-4308	93	17	panel	panel	NOUN
ejge-4308	93	18	vector	vector	NOUN
ejge-4308	93	19	autoregressions	autoregression	NOUN
ejge-4308	93	20	that	that	PRON
ejge-4308	93	21	represent	represent	VERB
ejge-4308	93	22	the	the	DET
ejge-4308	93	23	dynamic	dynamic	ADJ
ejge-4308	93	24	relationship	relationship	NOUN
ejge-4308	93	25	between	between	ADP
ejge-4308	93	26	gdp	gdp	NOUN
ejge-4308	93	27	and	and	CCONJ
ejge-4308	93	28	public	public	ADJ
ejge-4308	93	29	debt	debt	NOUN
ejge-4308	93	30	,	,	PUNCT
ejge-4308	93	31	decomposing	decompose	VERB
ejge-4308	93	32	cause	cause	NOUN
ejge-4308	93	33	and	and	CCONJ
ejge-4308	93	34	effect	effect	NOUN
ejge-4308	93	35	.	.	PUNCT
ejge-4308	94	1	they	they	PRON
ejge-4308	94	2	indeed	indeed	ADV
ejge-4308	94	3	conclude	conclude	VERB
ejge-4308	94	4	that	that	SCONJ
ejge-4308	94	5	the	the	DET
ejge-4308	94	6	negative	negative	ADJ
ejge-4308	94	7	correlation	correlation	NOUN
ejge-4308	94	8	between	between	ADP
ejge-4308	94	9	both	both	DET
ejge-4308	94	10	variables	variable	NOUN
ejge-4308	94	11	is	be	AUX
ejge-4308	94	12	mainly	mainly	ADV
ejge-4308	94	13	driven	drive	VERB
ejge-4308	94	14	by	by	ADP
ejge-4308	94	15	the	the	DET
ejge-4308	94	16	impact	impact	NOUN
ejge-4308	94	17	of	of	ADP
ejge-4308	94	18	economic	economic	ADJ
ejge-4308	94	19	growth	growth	NOUN
ejge-4308	94	20	on	on	ADP
ejge-4308	94	21	sovereign	sovereign	ADJ
ejge-4308	94	22	debt	debt	NOUN
ejge-4308	94	23	,	,	PUNCT
ejge-4308	94	24	not	not	PART
ejge-4308	94	25	the	the	DET
ejge-4308	94	26	other	other	ADJ
ejge-4308	94	27	way	way	NOUN
ejge-4308	94	28	around	around	ADV
ejge-4308	94	29	.	.	PUNCT
ejge-4308	95	1	a	a	DET
ejge-4308	95	2	recent	recent	ADJ
ejge-4308	95	3	paper	paper	NOUN
ejge-4308	95	4	by	by	ADP
ejge-4308	95	5	three	three	NUM
ejge-4308	95	6	economists	economist	NOUN
ejge-4308	95	7	at	at	ADP
ejge-4308	95	8	the	the	DET
ejge-4308	95	9	imf	imf	PROPN
ejge-4308	95	10	research	research	PROPN
ejge-4308	95	11	department	department	PROPN
ejge-4308	95	12	(	(	PUNCT
ejge-4308	95	13	pescatori	pescatori	PROPN
ejge-4308	95	14	,	,	PUNCT
ejge-4308	95	15	sandri	sandri	ADJ
ejge-4308	95	16	and	and	CCONJ
ejge-4308	95	17	simon	simon	PROPN
ejge-4308	95	18	,	,	PUNCT
ejge-4308	95	19	2014	2014	NUM
ejge-4308	95	20	)	)	PUNCT
ejge-4308	95	21	refuted	refute	VERB
ejge-4308	95	22	the	the	DET
ejge-4308	95	23	existence	existence	NOUN
ejge-4308	95	24	of	of	ADP
ejge-4308	95	25	debt	debt	NOUN
ejge-4308	95	26	thresholds	threshold	NOUN
ejge-4308	95	27	after	after	ADP
ejge-4308	95	28	which	which	PRON
ejge-4308	95	29	economic	economic	ADJ
ejge-4308	95	30	growth	growth	NOUN
ejge-4308	95	31	significantly	significantly	ADV
ejge-4308	95	32	deteriorates	deteriorate	VERB
ejge-4308	95	33	.	.	PUNCT
ejge-4308	96	1	they	they	PRON
ejge-4308	96	2	used	use	VERB
ejge-4308	96	3	a	a	DET
ejge-4308	96	4	novel	novel	ADJ
ejge-4308	96	5	empirical	empirical	ADJ
ejge-4308	96	6	approach	approach	NOUN
ejge-4308	96	7	to	to	PART
ejge-4308	96	8	determine	determine	VERB
ejge-4308	96	9	the	the	DET
ejge-4308	96	10	relationship	relationship	NOUN
ejge-4308	96	11	between	between	ADP
ejge-4308	96	12	debt	debt	NOUN
ejge-4308	96	13	thresholds	threshold	NOUN
ejge-4308	96	14	and	and	CCONJ
ejge-4308	96	15	growth	growth	NOUN
ejge-4308	96	16	prospects	prospect	NOUN
ejge-4308	96	17	.	.	PUNCT
ejge-4308	97	1	more	more	ADV
ejge-4308	97	2	specifically	specifically	ADV
ejge-4308	97	3	,	,	PUNCT
ejge-4308	97	4	they	they	PRON
ejge-4308	97	5	take	take	VERB
ejge-4308	97	6	a	a	DET
ejge-4308	97	7	sample	sample	NOUN
ejge-4308	97	8	of	of	ADP
ejge-4308	97	9	all	all	DET
ejge-4308	97	10	episodes	episode	NOUN
ejge-4308	97	11	where	where	SCONJ
ejge-4308	97	12	public	public	ADJ
ejge-4308	97	13	debt	debt	NOUN
ejge-4308	97	14	increases	increase	VERB
ejge-4308	97	15	above	above	ADP
ejge-4308	97	16	a	a	DET
ejge-4308	97	17	particular	particular	ADJ
ejge-4308	97	18	threshold	threshold	NOUN
ejge-4308	97	19	and	and	CCONJ
ejge-4308	97	20	calculate	calculate	VERB
ejge-4308	97	21	real	real	ADJ
ejge-4308	97	22	gdp	gdp	NOUN
ejge-4308	97	23	growth	growth	NOUN
ejge-4308	97	24	per	per	ADP
ejge-4308	97	25	capita	capita	NOUN
ejge-4308	97	26	over	over	ADP
ejge-4308	97	27	the	the	DET
ejge-4308	97	28	following	following	ADJ
ejge-4308	97	29	h	h	NOUN
ejge-4308	97	30	years	year	NOUN
ejge-4308	97	31	,	,	PUNCT
ejge-4308	97	32	varying	vary	VERB
ejge-4308	97	33	h	h	NOUN
ejge-4308	97	34	from	from	ADP
ejge-4308	97	35	1	1	NUM
ejge-4308	97	36	,	,	PUNCT
ejge-4308	97	37	5	5	NUM
ejge-4308	97	38	,	,	PUNCT
ejge-4308	97	39	10	10	NUM
ejge-4308	97	40	to	to	PART
ejge-4308	97	41	15	15	NUM
ejge-4308	97	42	.	.	PUNCT
ejge-4308	98	1	although	although	SCONJ
ejge-4308	98	2	their	their	PRON
ejge-4308	98	3	method	method	NOUN
ejge-4308	98	4	is	be	AUX
ejge-4308	98	5	quite	quite	ADV
ejge-4308	98	6	similar	similar	ADJ
ejge-4308	98	7	to	to	ADP
ejge-4308	98	8	the	the	DET
ejge-4308	98	9	one	one	NOUN
ejge-4308	98	10	applied	apply	VERB
ejge-4308	98	11	by	by	ADP
ejge-4308	98	12	reinhart	reinhart	NOUN
ejge-4308	98	13	and	and	CCONJ
ejge-4308	98	14	rogoff	rogoff	NOUN
ejge-4308	98	15	(	(	PUNCT
ejge-4308	98	16	2012	2012	NUM
ejge-4308	98	17	)	)	PUNCT
ejge-4308	98	18	,	,	PUNCT
ejge-4308	98	19	it	it	PRON
ejge-4308	98	20	differs	differ	VERB
ejge-4308	98	21	in	in	ADP
ejge-4308	98	22	two	two	NUM
ejge-4308	98	23	crucial	crucial	ADJ
ejge-4308	98	24	aspects	aspect	NOUN
ejge-4308	98	25	.	.	PUNCT
ejge-4308	99	1	firstly	firstly	ADV
ejge-4308	99	2	,	,	PUNCT
ejge-4308	99	3	the	the	DET
ejge-4308	99	4	range	range	NOUN
ejge-4308	99	5	of	of	ADP
ejge-4308	99	6	debt	debt	NOUN
ejge-4308	99	7	thresholds	threshold	NOUN
ejge-4308	99	8	being	be	AUX
ejge-4308	99	9	analysed	analyse	VERB
ejge-4308	99	10	is	be	AUX
ejge-4308	99	11	much	much	ADV
ejge-4308	99	12	broader	broad	ADJ
ejge-4308	99	13	than	than	ADP
ejge-4308	99	14	the	the	DET
ejge-4308	99	15	90	90	NUM
ejge-4308	99	16	percent	percent	NOUN
ejge-4308	99	17	threshold	threshold	NOUN
ejge-4308	99	18	on	on	ADP
ejge-4308	99	19	which	which	PRON
ejge-4308	99	20	the	the	DET
ejge-4308	99	21	reinhart	reinhart	PROPN
ejge-4308	99	22	and	and	CCONJ
ejge-4308	99	23	rogoff	rogoff	PROPN
ejge-4308	99	24	paper	paper	NOUN
ejge-4308	99	25	focuses	focus	VERB
ejge-4308	99	26	.	.	PUNCT
ejge-4308	100	1	secondly	secondly	ADV
ejge-4308	100	2	,	,	PUNCT
ejge-4308	100	3	economic	economic	ADJ
ejge-4308	100	4	growth	growth	NOUN
ejge-4308	100	5	over	over	ADP
ejge-4308	100	6	a	a	DET
ejge-4308	100	7	particular	particular	ADJ
ejge-4308	100	8	time	time	NOUN
ejge-4308	100	9	span	span	NOUN
ejge-4308	100	10	is	be	AUX
ejge-4308	100	11	analysed	analyse	VERB
ejge-4308	100	12	,	,	PUNCT
ejge-4308	100	13	regardless	regardless	ADV
ejge-4308	100	14	of	of	ADP
ejge-4308	100	15	the	the	DET
ejge-4308	100	16	debt	debt	NOUN
ejge-4308	100	17	outcome	outcome	NOUN
ejge-4308	100	18	.	.	PUNCT
ejge-4308	101	1	in	in	ADP
ejge-4308	101	2	contrast	contrast	NOUN
ejge-4308	101	3	,	,	PUNCT
ejge-4308	101	4	reinhart	reinhart	NOUN
ejge-4308	101	5	and	and	CCONJ
ejge-4308	101	6	rogoff	rogoff	NOUN
ejge-4308	101	7	only	only	ADV
ejge-4308	101	8	consider	consider	VERB
ejge-4308	101	9	the	the	DET
ejge-4308	101	10	period	period	NOUN
ejge-4308	101	11	when	when	SCONJ
ejge-4308	101	12	debt	debt	NOUN
ejge-4308	101	13	persists	persist	VERB
ejge-4308	101	14	above	above	ADP
ejge-4308	101	15	a	a	DET
ejge-4308	101	16	certain	certain	ADJ
ejge-4308	101	17	threshold	threshold	NOUN
ejge-4308	101	18	.	.	PUNCT
ejge-4308	102	1	taylor	taylor	PROPN
ejge-4308	102	2	(	(	PUNCT
ejge-4308	102	3	2012	2012	NUM
ejge-4308	102	4	)	)	PUNCT
ejge-4308	102	5	illustrated	illustrate	VERB
ejge-4308	102	6	the	the	DET
ejge-4308	102	7	importance	importance	NOUN
ejge-4308	102	8	of	of	ADP
ejge-4308	102	9	private	private	ADJ
ejge-4308	102	10	credit	credit	NOUN
ejge-4308	102	11	in	in	ADP
ejge-4308	102	12	developed	develop	VERB
ejge-4308	102	13	economies	economy	NOUN
ejge-4308	102	14	.	.	PUNCT
ejge-4308	103	1	he	he	PRON
ejge-4308	103	2	argues	argue	VERB
ejge-4308	103	3	that	that	SCONJ
ejge-4308	103	4	past	past	ADJ
ejge-4308	103	5	growth	growth	NOUN
ejge-4308	103	6	in	in	ADP
ejge-4308	103	7	private	private	ADJ
ejge-4308	103	8	debt	debt	NOUN
ejge-4308	103	9	contains	contain	VERB
ejge-4308	103	10	predictive	predictive	ADJ
ejge-4308	103	11	information	information	NOUN
ejge-4308	103	12	about	about	ADP
ejge-4308	103	13	the	the	DET
ejge-4308	103	14	likelihood	likelihood	NOUN
ejge-4308	103	15	of	of	ADP
ejge-4308	103	16	a	a	DET
ejge-4308	103	17	crisis	crisis	NOUN
ejge-4308	103	18	occurring	occur	VERB
ejge-4308	103	19	in	in	ADP
ejge-4308	103	20	the	the	DET
ejge-4308	103	21	future	future	NOUN
ejge-4308	103	22	.	.	PUNCT
ejge-4308	104	1	moreover	moreover	ADV
ejge-4308	104	2	,	,	PUNCT
ejge-4308	104	3	he	he	PRON
ejge-4308	104	4	finds	find	VERB
ejge-4308	104	5	that	that	SCONJ
ejge-4308	104	6	the	the	DET
ejge-4308	104	7	recession	recession	NOUN
ejge-4308	104	8	after	after	ADP
ejge-4308	104	9	a	a	DET
ejge-4308	104	10	credit	credit	NOUN
ejge-4308	104	11	boom	boom	NOUN
ejge-4308	104	12	is	be	AUX
ejge-4308	104	13	more	more	ADV
ejge-4308	104	14	severe	severe	ADJ
ejge-4308	104	15	than	than	ADP
ejge-4308	104	16	a	a	DET
ejge-4308	104	17	“	"	PUNCT
ejge-4308	104	18	normal	normal	ADJ
ejge-4308	104	19	”	"	PUNCT
ejge-4308	104	20	recession	recession	NOUN
ejge-4308	104	21	.	.	PUNCT
ejge-4308	105	1	jorda	jorda	PROPN
ejge-4308	105	2	,	,	PUNCT
ejge-4308	105	3	schularick	schularick	NOUN
ejge-4308	105	4	and	and	CCONJ
ejge-4308	105	5	taylor	taylor	PROPN
ejge-4308	105	6	(	(	PUNCT
ejge-4308	105	7	2013	2013	NUM
ejge-4308	105	8	)	)	PUNCT
ejge-4308	105	9	built	build	VERB
ejge-4308	105	10	on	on	ADP
ejge-4308	105	11	this	this	DET
ejge-4308	105	12	work	work	NOUN
ejge-4308	105	13	by	by	ADP
ejge-4308	105	14	analyzing	analyze	VERB
ejge-4308	105	15	the	the	DET
ejge-4308	105	16	co	co	NOUN
ejge-4308	105	17	-	-	NOUN
ejge-4308	105	18	evolution	evolution	NOUN
ejge-4308	105	19	of	of	ADP
ejge-4308	105	20	sovereign	sovereign	ADJ
ejge-4308	105	21	debt	debt	NOUN
ejge-4308	105	22	and	and	CCONJ
ejge-4308	105	23	credit	credit	NOUN
ejge-4308	105	24	in	in	ADP
ejge-4308	105	25	developed	develop	VERB
ejge-4308	105	26	countries	country	NOUN
ejge-4308	105	27	.	.	PUNCT
ejge-4308	106	1	they	they	PRON
ejge-4308	106	2	find	find	VERB
ejge-4308	106	3	that	that	SCONJ
ejge-4308	106	4	the	the	DET
ejge-4308	106	5	risks	risk	NOUN
ejge-4308	106	6	to	to	ADP
ejge-4308	106	7	economic	economic	ADJ
ejge-4308	106	8	and	and	CCONJ
ejge-4308	106	9	financial	financial	ADJ
ejge-4308	106	10	stability	stability	NOUN
ejge-4308	106	11	mainly	mainly	ADV
ejge-4308	106	12	come	come	VERB
ejge-4308	106	13	from	from	ADP
ejge-4308	106	14	booms	boom	NOUN
ejge-4308	106	15	in	in	ADP
ejge-4308	106	16	private	private	ADJ
ejge-4308	106	17	debt	debt	NOUN
ejge-4308	106	18	rather	rather	ADV
ejge-4308	106	19	than	than	ADP
ejge-4308	106	20	increases	increase	NOUN
ejge-4308	106	21	in	in	ADP
ejge-4308	106	22	public	public	ADJ
ejge-4308	106	23	debt	debt	NOUN
ejge-4308	106	24	.	.	PUNCT
ejge-4308	107	1	nevertheless	nevertheless	ADV
ejge-4308	107	2	,	,	PUNCT
ejge-4308	107	3	when	when	SCONJ
ejge-4308	107	4	a	a	DET
ejge-4308	107	5	country	country	NOUN
ejge-4308	107	6	enters	enter	VERB
ejge-4308	107	7	a	a	DET
ejge-4308	107	8	crisis	crisis	NOUN
ejge-4308	107	9	period	period	NOUN
ejge-4308	107	10	with	with	ADP
ejge-4308	107	11	an	an	DET
ejge-4308	107	12	already	already	ADV
ejge-4308	107	13	elevated	elevate	VERB
ejge-4308	107	14	level	level	NOUN
ejge-4308	107	15	of	of	ADP
ejge-4308	107	16	public	public	ADJ
ejge-4308	107	17	debt	debt	NOUN
ejge-4308	107	18	,	,	PUNCT
ejge-4308	107	19	this	this	PRON
ejge-4308	107	20	intensifies	intensify	VERB
ejge-4308	107	21	the	the	DET
ejge-4308	107	22	crisis	crisis	NOUN
ejge-4308	107	23	,	,	PUNCT
ejge-4308	107	24	presumably	presumably	ADV
ejge-4308	107	25	by	by	ADP
ejge-4308	107	26	the	the	DET
ejge-4308	107	27	limited	limited	ADJ
ejge-4308	107	28	ability	ability	NOUN
ejge-4308	107	29	to	to	PART
ejge-4308	107	30	introduce	introduce	VERB
ejge-4308	107	31	fiscal	fiscal	ADJ
ejge-4308	107	32	stimulus	stimulus	NOUN
ejge-4308	107	33	to	to	PART
ejge-4308	107	34	uphold	uphold	VERB
ejge-4308	107	35	aggregate	aggregate	ADJ
ejge-4308	107	36	demand	demand	NOUN
ejge-4308	107	37	.	.	PUNCT
ejge-4308	108	1	a	a	DET
ejge-4308	108	2	paper	paper	NOUN
ejge-4308	108	3	by	by	ADP
ejge-4308	108	4	randveer	randveer	NOUN
ejge-4308	108	5	,	,	PUNCT
ejge-4308	108	6	uusküla	uusküla	ADJ
ejge-4308	108	7	and	and	CCONJ
ejge-4308	108	8	kulu	kulu	PROPN
ejge-4308	108	9	(	(	PUNCT
ejge-4308	108	10	2011	2011	NUM
ejge-4308	108	11	)	)	PUNCT
ejge-4308	108	12	researched	research	VERB
ejge-4308	108	13	the	the	DET
ejge-4308	108	14	link	link	NOUN
ejge-4308	108	15	between	between	ADP
ejge-4308	108	16	economic	economic	ADJ
ejge-4308	108	17	recovery	recovery	NOUN
ejge-4308	108	18	after	after	ADP
ejge-4308	108	19	a	a	DET
ejge-4308	108	20	crisis	crisis	NOUN
ejge-4308	108	21	and	and	CCONJ
ejge-4308	108	22	growth	growth	NOUN
ejge-4308	108	23	of	of	ADP
ejge-4308	108	24	credit	credit	NOUN
ejge-4308	108	25	before	before	ADP
ejge-4308	108	26	a	a	DET
ejge-4308	108	27	crisis	crisis	NOUN
ejge-4308	108	28	.	.	PUNCT
ejge-4308	109	1	they	they	PRON
ejge-4308	109	2	find	find	VERB
ejge-4308	109	3	,	,	PUNCT
ejge-4308	109	4	quite	quite	ADV
ejge-4308	109	5	counterintuitively	counterintuitively	ADV
ejge-4308	109	6	,	,	PUNCT
ejge-4308	109	7	that	that	SCONJ
ejge-4308	109	8	rapid	rapid	ADJ
ejge-4308	109	9	credit	credit	NOUN
ejge-4308	109	10	expansion	expansion	NOUN
ejge-4308	109	11	before	before	SCONJ
ejge-4308	109	12	a	a	DET
ejge-4308	109	13	crisis	crisis	NOUN
ejge-4308	109	14	is	be	AUX
ejge-4308	109	15	related	relate	VERB
ejge-4308	109	16	with	with	ADP
ejge-4308	109	17	higher	high	ADJ
ejge-4308	109	18	economic	economic	ADJ
ejge-4308	109	19	growth	growth	NOUN
ejge-4308	109	20	after	after	ADP
ejge-4308	109	21	the	the	DET
ejge-4308	109	22	crisis	crisis	NOUN
ejge-4308	109	23	.	.	PUNCT
ejge-4308	110	1	this	this	PRON
ejge-4308	110	2	contrasts	contrast	VERB
ejge-4308	110	3	with	with	ADP
ejge-4308	110	4	the	the	DET
ejge-4308	110	5	widespread	widespread	ADJ
ejge-4308	110	6	belief	belief	NOUN
ejge-4308	110	7	that	that	SCONJ
ejge-4308	110	8	,	,	PUNCT
ejge-4308	110	9	after	after	ADP
ejge-4308	110	10	a	a	DET
ejge-4308	110	11	crisis	crisis	NOUN
ejge-4308	110	12	and	and	CCONJ
ejge-4308	110	13	especially	especially	ADV
ejge-4308	110	14	after	after	ADP
ejge-4308	110	15	a	a	DET
ejge-4308	110	16	balance	balance	NOUN
ejge-4308	110	17	sheet	sheet	NOUN
ejge-4308	110	18	recession	recession	NOUN
ejge-4308	110	19	like	like	ADP
ejge-4308	110	20	the	the	DET
ejge-4308	110	21	one	one	NOUN
ejge-4308	110	22	we	we	PRON
ejge-4308	110	23	have	have	AUX
ejge-4308	110	24	recently	recently	ADV
ejge-4308	110	25	experienced	experience	VERB
ejge-4308	110	26	,	,	PUNCT
ejge-4308	110	27	household	household	NOUN
ejge-4308	110	28	debt	debt	NOUN
ejge-4308	110	29	overhang	overhang	NOUN
ejge-4308	110	30	and	and	CCONJ
ejge-4308	110	31	the	the	DET
ejge-4308	110	32	subsequent	subsequent	ADJ
ejge-4308	110	33	process	process	NOUN
ejge-4308	110	34	of	of	ADP
ejge-4308	110	35	deleveraging	deleverage	VERB
ejge-4308	110	36	acts	act	NOUN
ejge-4308	110	37	as	as	ADP
ejge-4308	110	38	a	a	DET
ejge-4308	110	39	serious	serious	ADJ
ejge-4308	110	40	drag	drag	NOUN
ejge-4308	110	41	on	on	ADP
ejge-4308	110	42	economic	economic	ADJ
ejge-4308	110	43	recovery	recovery	NOUN
ejge-4308	110	44	.	.	PUNCT
ejge-4308	111	1	that	that	PRON
ejge-4308	111	2	is	be	AUX
ejge-4308	111	3	also	also	ADV
ejge-4308	111	4	precisely	precisely	ADV
ejge-4308	111	5	what	what	PRON
ejge-4308	111	6	gärtner	gärtner	NOUN
ejge-4308	111	7	(	(	PUNCT
ejge-4308	111	8	2013	2013	NUM
ejge-4308	111	9	)	)	PUNCT
ejge-4308	111	10	found	find	VERB
ejge-4308	111	11	in	in	ADP
ejge-4308	111	12	her	her	PRON
ejge-4308	111	13	study	study	NOUN
ejge-4308	111	14	of	of	ADP
ejge-4308	111	15	the	the	DET
ejge-4308	111	16	great	great	ADJ
ejge-4308	111	17	depression	depression	NOUN
ejge-4308	111	18	.	.	PUNCT
ejge-4308	112	1	debt	debt	NOUN
ejge-4308	112	2	overhang	overhang	NOUN
ejge-4308	112	3	of	of	ADP
ejge-4308	112	4	households	household	NOUN
ejge-4308	112	5	was	be	AUX
ejge-4308	112	6	indeed	indeed	ADV
ejge-4308	112	7	an	an	DET
ejge-4308	112	8	important	important	ADJ
ejge-4308	112	9	factor	factor	NOUN
ejge-4308	112	10	in	in	ADP
ejge-4308	112	11	holding	hold	VERB
ejge-4308	112	12	back	back	ADP
ejge-4308	112	13	the	the	DET
ejge-4308	112	14	economic	economic	ADJ
ejge-4308	112	15	recovery	recovery	NOUN
ejge-4308	112	16	after	after	ADP
ejge-4308	112	17	the	the	DET
ejge-4308	112	18	very	very	ADV
ejge-4308	112	19	severe	severe	ADJ
ejge-4308	112	20	drop	drop	NOUN
ejge-4308	112	21	in	in	ADP
ejge-4308	112	22	output	output	NOUN
ejge-4308	112	23	that	that	PRON
ejge-4308	112	24	followed	follow	VERB
ejge-4308	112	25	the	the	DET
ejge-4308	112	26	stock	stock	NOUN
ejge-4308	112	27	market	market	NOUN
ejge-4308	112	28	crash	crash	NOUN
ejge-4308	112	29	of	of	ADP
ejge-4308	112	30	october	october	PROPN
ejge-4308	112	31	,	,	PUNCT
ejge-4308	112	32	1929	1929	NUM
ejge-4308	112	33	.	.	PUNCT
ejge-4308	113	1	in	in	ADP
ejge-4308	113	2	their	their	PRON
ejge-4308	113	3	widely	widely	ADV
ejge-4308	113	4	praised	praise	VERB
ejge-4308	113	5	book	book	NOUN
ejge-4308	113	6	house	house	NOUN
ejge-4308	113	7	of	of	ADP
ejge-4308	113	8	debt	debt	NOUN
ejge-4308	113	9	(	(	PUNCT
ejge-4308	113	10	2014	2014	NUM
ejge-4308	113	11	)	)	PUNCT
ejge-4308	113	12	,	,	PUNCT
ejge-4308	113	13	atif	atif	PROPN
ejge-4308	113	14	mian	mian	PROPN
ejge-4308	113	15	and	and	CCONJ
ejge-4308	113	16	amir	amir	PROPN
ejge-4308	113	17	sufi	sufi	NOUN
ejge-4308	113	18	provided	provide	VERB
ejge-4308	113	19	compelling	compelling	ADJ
ejge-4308	113	20	evidence	evidence	NOUN
ejge-4308	113	21	for	for	ADP
ejge-4308	113	22	the	the	DET
ejge-4308	113	23	case	case	NOUN
ejge-4308	113	24	that	that	SCONJ
ejge-4308	113	25	the	the	DET
ejge-4308	113	26	buildup	buildup	NOUN
ejge-4308	113	27	of	of	ADP
ejge-4308	113	28	household	household	NOUN
ejge-4308	113	29	debt	debt	NOUN
ejge-4308	113	30	was	be	AUX
ejge-4308	113	31	the	the	DET
ejge-4308	113	32	main	main	ADJ
ejge-4308	113	33	culprit	culprit	NOUN
ejge-4308	113	34	for	for	ADP
ejge-4308	113	35	the	the	DET
ejge-4308	113	36	recent	recent	ADJ
ejge-4308	113	37	recession	recession	NOUN
ejge-4308	113	38	.	.	PUNCT
ejge-4308	114	1	additionally	additionally	ADV
ejge-4308	114	2	,	,	PUNCT
ejge-4308	114	3	when	when	SCONJ
ejge-4308	114	4	they	they	PRON
ejge-4308	114	5	analyse	analyse	VERB
ejge-4308	114	6	previous	previous	ADJ
ejge-4308	114	7	economic	economic	ADJ
ejge-4308	114	8	vanlaer	vanlaer	NOUN
ejge-4308	114	9	,	,	PUNCT
ejge-4308	114	10	marneffe	marneffe	PROPN
ejge-4308	114	11	,	,	PUNCT
ejge-4308	114	12	vereeck	vereeck	PROPN
ejge-4308	114	13	,	,	PUNCT
ejge-4308	114	14	van	van	PROPN
ejge-4308	114	15	overtveldt	overtveldt	PROPN
ejge-4308	114	16	●	●	X
ejge-4308	114	17	does	do	AUX
ejge-4308	114	18	debt	debt	NOUN
ejge-4308	114	19	predict	predict	VERB
ejge-4308	114	20	growth	growth	NOUN
ejge-4308	114	21	?	?	PUNCT
ejge-4308	115	1	84	84	NUM
ejge-4308	115	2	downturns	downturn	NOUN
ejge-4308	115	3	,	,	PUNCT
ejge-4308	115	4	the	the	DET
ejge-4308	115	5	increase	increase	NOUN
ejge-4308	115	6	in	in	ADP
ejge-4308	115	7	consumer	consumer	NOUN
ejge-4308	115	8	debt	debt	NOUN
ejge-4308	115	9	often	often	ADV
ejge-4308	115	10	plays	play	VERB
ejge-4308	115	11	a	a	DET
ejge-4308	115	12	very	very	ADV
ejge-4308	115	13	important	important	ADJ
ejge-4308	115	14	role	role	NOUN
ejge-4308	115	15	.	.	PUNCT
ejge-4308	116	1	they	they	PRON
ejge-4308	116	2	conclude	conclude	VERB
ejge-4308	116	3	that	that	SCONJ
ejge-4308	116	4	the	the	PRON
ejge-4308	116	5	bigger	big	ADJ
ejge-4308	116	6	the	the	DET
ejge-4308	116	7	increase	increase	NOUN
ejge-4308	116	8	in	in	ADP
ejge-4308	116	9	debt	debt	NOUN
ejge-4308	116	10	,	,	PUNCT
ejge-4308	116	11	the	the	PRON
ejge-4308	116	12	harder	hard	ADV
ejge-4308	116	13	the	the	DET
ejge-4308	116	14	fall	fall	NOUN
ejge-4308	116	15	in	in	ADP
ejge-4308	116	16	spending	spending	NOUN
ejge-4308	116	17	.	.	PUNCT
ejge-4308	117	1	cecchetti	cecchetti	NOUN
ejge-4308	117	2	,	,	PUNCT
ejge-4308	117	3	mohanty	mohanty	PROPN
ejge-4308	117	4	and	and	CCONJ
ejge-4308	117	5	zampolli	zampolli	PROPN
ejge-4308	117	6	(	(	PUNCT
ejge-4308	117	7	2011	2011	NUM
ejge-4308	117	8	)	)	PUNCT
ejge-4308	117	9	analysed	analyse	VERB
ejge-4308	117	10	government	government	NOUN
ejge-4308	117	11	debt	debt	NOUN
ejge-4308	117	12	,	,	PUNCT
ejge-4308	117	13	corporate	corporate	ADJ
ejge-4308	117	14	debt	debt	NOUN
ejge-4308	117	15	and	and	CCONJ
ejge-4308	117	16	household	household	NOUN
ejge-4308	117	17	debt	debt	NOUN
ejge-4308	117	18	and	and	CCONJ
ejge-4308	117	19	find	find	VERB
ejge-4308	117	20	that	that	SCONJ
ejge-4308	117	21	each	each	PRON
ejge-4308	117	22	of	of	ADP
ejge-4308	117	23	these	these	DET
ejge-4308	117	24	three	three	NUM
ejge-4308	117	25	types	type	NOUN
ejge-4308	117	26	of	of	ADP
ejge-4308	117	27	debt	debt	NOUN
ejge-4308	117	28	becomes	become	VERB
ejge-4308	117	29	a	a	DET
ejge-4308	117	30	drag	drag	NOUN
ejge-4308	117	31	on	on	ADP
ejge-4308	117	32	growth	growth	NOUN
ejge-4308	117	33	when	when	SCONJ
ejge-4308	117	34	it	it	PRON
ejge-4308	117	35	reaches	reach	VERB
ejge-4308	117	36	a	a	DET
ejge-4308	117	37	level	level	NOUN
ejge-4308	117	38	above	above	ADP
ejge-4308	117	39	85	85	NUM
ejge-4308	117	40	-	-	SYM
ejge-4308	117	41	90	90	NUM
ejge-4308	117	42	%	%	NOUN
ejge-4308	117	43	of	of	ADP
ejge-4308	117	44	gdp	gdp	NOUN
ejge-4308	117	45	.	.	PUNCT
ejge-4308	118	1	they	they	PRON
ejge-4308	118	2	conclude	conclude	VERB
ejge-4308	118	3	that	that	SCONJ
ejge-4308	118	4	debt	debt	NOUN
ejge-4308	118	5	improves	improve	VERB
ejge-4308	118	6	welfare	welfare	NOUN
ejge-4308	118	7	but	but	CCONJ
ejge-4308	118	8	can	can	AUX
ejge-4308	118	9	be	be	AUX
ejge-4308	118	10	damaging	damage	VERB
ejge-4308	118	11	to	to	ADP
ejge-4308	118	12	the	the	DET
ejge-4308	118	13	economy	economy	NOUN
ejge-4308	118	14	when	when	SCONJ
ejge-4308	118	15	levels	level	NOUN
ejge-4308	118	16	are	be	AUX
ejge-4308	118	17	very	very	ADV
ejge-4308	118	18	high	high	ADJ
ejge-4308	118	19	.	.	PUNCT
ejge-4308	119	1	as	as	SCONJ
ejge-4308	119	2	mentioned	mention	VERB
ejge-4308	119	3	,	,	PUNCT
ejge-4308	119	4	the	the	DET
ejge-4308	119	5	initial	initial	ADJ
ejge-4308	119	6	response	response	NOUN
ejge-4308	119	7	to	to	ADP
ejge-4308	119	8	the	the	DET
ejge-4308	119	9	global	global	ADJ
ejge-4308	119	10	financial	financial	ADJ
ejge-4308	119	11	crisis	crisis	NOUN
ejge-4308	119	12	was	be	AUX
ejge-4308	119	13	to	to	PART
ejge-4308	119	14	focus	focus	VERB
ejge-4308	119	15	on	on	ADP
ejge-4308	119	16	excessive	excessive	ADJ
ejge-4308	119	17	government	government	NOUN
ejge-4308	119	18	debt	debt	NOUN
ejge-4308	119	19	.	.	PUNCT
ejge-4308	120	1	afterwards	afterwards	ADV
ejge-4308	120	2	,	,	PUNCT
ejge-4308	120	3	the	the	DET
ejge-4308	120	4	focus	focus	NOUN
ejge-4308	120	5	shifted	shift	VERB
ejge-4308	120	6	to	to	ADP
ejge-4308	120	7	private	private	ADJ
ejge-4308	120	8	credit	credit	NOUN
ejge-4308	120	9	.	.	PUNCT
ejge-4308	121	1	our	our	PRON
ejge-4308	121	2	study	study	NOUN
ejge-4308	121	3	aims	aim	VERB
ejge-4308	121	4	to	to	PART
ejge-4308	121	5	further	further	VERB
ejge-4308	121	6	the	the	DET
ejge-4308	121	7	literature	literature	NOUN
ejge-4308	121	8	by	by	ADP
ejge-4308	121	9	looking	look	VERB
ejge-4308	121	10	at	at	ADP
ejge-4308	121	11	the	the	DET
ejge-4308	121	12	overall	overall	ADJ
ejge-4308	121	13	debt	debt	NOUN
ejge-4308	121	14	level	level	NOUN
ejge-4308	121	15	in	in	ADP
ejge-4308	121	16	an	an	DET
ejge-4308	121	17	economy	economy	NOUN
ejge-4308	121	18	.	.	PUNCT
ejge-4308	122	1	this	this	DET
ejge-4308	122	2	paper	paper	NOUN
ejge-4308	122	3	provides	provide	VERB
ejge-4308	122	4	empirical	empirical	ADJ
ejge-4308	122	5	evidence	evidence	NOUN
ejge-4308	122	6	on	on	ADP
ejge-4308	122	7	the	the	DET
ejge-4308	122	8	relationship	relationship	NOUN
ejge-4308	122	9	between	between	ADP
ejge-4308	122	10	total	total	ADJ
ejge-4308	122	11	debt	debt	NOUN
ejge-4308	122	12	and	and	CCONJ
ejge-4308	122	13	economic	economic	ADJ
ejge-4308	122	14	growth	growth	NOUN
ejge-4308	122	15	.	.	PUNCT
ejge-4308	123	1	we	we	PRON
ejge-4308	123	2	explore	explore	VERB
ejge-4308	123	3	whether	whether	SCONJ
ejge-4308	123	4	there	there	PRON
ejge-4308	123	5	is	be	VERB
ejge-4308	123	6	a	a	DET
ejge-4308	123	7	specific	specific	ADJ
ejge-4308	123	8	debt	debt	NOUN
ejge-4308	123	9	threshold	threshold	NOUN
ejge-4308	123	10	after	after	ADP
ejge-4308	123	11	which	which	PRON
ejge-4308	123	12	growth	growth	NOUN
ejge-4308	123	13	plummets	plummet	NOUN
ejge-4308	123	14	.	.	PUNCT
ejge-4308	124	1	section	section	NOUN
ejge-4308	124	2	3	3	NUM
ejge-4308	124	3	describes	describe	VERB
ejge-4308	124	4	the	the	DET
ejge-4308	124	5	data	datum	NOUN
ejge-4308	124	6	and	and	CCONJ
ejge-4308	124	7	methodology	methodology	NOUN
ejge-4308	124	8	used	use	VERB
ejge-4308	124	9	in	in	ADP
ejge-4308	124	10	our	our	PRON
ejge-4308	124	11	analysis	analysis	NOUN
ejge-4308	124	12	.	.	PUNCT
ejge-4308	125	1	in	in	ADP
ejge-4308	125	2	section	section	NOUN
ejge-4308	125	3	4	4	NUM
ejge-4308	125	4	,	,	PUNCT
ejge-4308	125	5	we	we	PRON
ejge-4308	125	6	provide	provide	VERB
ejge-4308	125	7	empirical	empirical	ADJ
ejge-4308	125	8	evidence	evidence	NOUN
ejge-4308	125	9	on	on	ADP
ejge-4308	125	10	the	the	DET
ejge-4308	125	11	link	link	NOUN
ejge-4308	125	12	between	between	ADP
ejge-4308	125	13	total	total	ADJ
ejge-4308	125	14	debt	debt	NOUN
ejge-4308	125	15	levels	level	NOUN
ejge-4308	125	16	and	and	CCONJ
ejge-4308	125	17	growth	growth	NOUN
ejge-4308	125	18	for	for	ADP
ejge-4308	125	19	our	our	PRON
ejge-4308	125	20	panel	panel	NOUN
ejge-4308	125	21	of	of	ADP
ejge-4308	125	22	26	26	NUM
ejge-4308	125	23	oecd	oecd	PROPN
ejge-4308	125	24	countries	country	NOUN
ejge-4308	125	25	from	from	ADP
ejge-4308	125	26	1961	1961	NUM
ejge-4308	125	27	-	-	SYM
ejge-4308	125	28	2012	2012	NUM
ejge-4308	125	29	in	in	ADP
ejge-4308	125	30	.	.	PUNCT
ejge-4308	126	1	section	section	NOUN
ejge-4308	126	2	5	5	NUM
ejge-4308	126	3	,	,	PUNCT
ejge-4308	126	4	analyses	analyse	VERB
ejge-4308	126	5	changes	change	NOUN
ejge-4308	126	6	in	in	ADP
ejge-4308	126	7	total	total	ADJ
ejge-4308	126	8	debt	debt	NOUN
ejge-4308	126	9	-	-	PUNCT
ejge-4308	126	10	to	to	ADP
ejge-4308	126	11	-	-	PUNCT
ejge-4308	126	12	gdp	gdp	NOUN
ejge-4308	126	13	and	and	CCONJ
ejge-4308	126	14	real	real	ADJ
ejge-4308	126	15	gdp	gdp	NOUN
ejge-4308	126	16	growth	growth	NOUN
ejge-4308	126	17	.	.	PUNCT
ejge-4308	127	1	in	in	ADP
ejge-4308	127	2	the	the	DET
ejge-4308	127	3	subsequent	subsequent	ADJ
ejge-4308	127	4	section	section	NOUN
ejge-4308	127	5	,	,	PUNCT
ejge-4308	127	6	we	we	PRON
ejge-4308	127	7	discuss	discuss	VERB
ejge-4308	127	8	our	our	PRON
ejge-4308	127	9	main	main	ADJ
ejge-4308	127	10	findings	finding	NOUN
ejge-4308	127	11	.	.	PUNCT
ejge-4308	128	1	finally	finally	ADV
ejge-4308	128	2	,	,	PUNCT
ejge-4308	128	3	section	section	NOUN
ejge-4308	128	4	7	7	NUM
ejge-4308	128	5	presents	present	VERB
ejge-4308	128	6	the	the	DET
ejge-4308	128	7	conclusions	conclusion	NOUN
ejge-4308	128	8	.	.	PUNCT
ejge-4308	129	1	3	3	X
ejge-4308	129	2	.	.	X
ejge-4308	129	3	data	datum	NOUN
ejge-4308	129	4	and	and	CCONJ
ejge-4308	129	5	methodology	methodology	NOUN
ejge-4308	129	6	we	we	PRON
ejge-4308	129	7	have	have	AUX
ejge-4308	129	8	gathered	gather	VERB
ejge-4308	129	9	data	datum	NOUN
ejge-4308	129	10	on	on	ADP
ejge-4308	129	11	public	public	ADJ
ejge-4308	129	12	debt	debt	NOUN
ejge-4308	129	13	levels	level	NOUN
ejge-4308	129	14	from	from	ADP
ejge-4308	129	15	a	a	DET
ejge-4308	129	16	comprehensive	comprehensive	ADJ
ejge-4308	129	17	database	database	NOUN
ejge-4308	129	18	on	on	ADP
ejge-4308	129	19	gross	gross	ADJ
ejge-4308	129	20	government	government	NOUN
ejge-4308	129	21	debt	debt	NOUN
ejge-4308	129	22	,	,	PUNCT
ejge-4308	129	23	which	which	PRON
ejge-4308	129	24	is	be	AUX
ejge-4308	129	25	compiled	compile	VERB
ejge-4308	129	26	by	by	ADP
ejge-4308	129	27	the	the	DET
ejge-4308	129	28	imf	imf	PROPN
ejge-4308	129	29	fiscal	fiscal	PROPN
ejge-4308	129	30	affairs	affair	NOUN
ejge-4308	129	31	department7	department7	PROPN
ejge-4308	129	32	.	.	PUNCT
ejge-4308	130	1	data	datum	NOUN
ejge-4308	130	2	on	on	ADP
ejge-4308	130	3	private	private	ADJ
ejge-4308	130	4	debt	debt	NOUN
ejge-4308	130	5	comes	come	VERB
ejge-4308	130	6	from	from	ADP
ejge-4308	130	7	a	a	DET
ejge-4308	130	8	recent	recent	ADJ
ejge-4308	130	9	bis	bis	ADJ
ejge-4308	130	10	database8	database8	NOUN
ejge-4308	130	11	on	on	ADP
ejge-4308	130	12	credit	credit	NOUN
ejge-4308	130	13	to	to	ADP
ejge-4308	130	14	the	the	DET
ejge-4308	130	15	private	private	ADJ
ejge-4308	130	16	non	non	ADJ
ejge-4308	130	17	-	-	ADJ
ejge-4308	130	18	financial	financial	ADJ
ejge-4308	130	19	sector	sector	NOUN
ejge-4308	130	20	.	.	PUNCT
ejge-4308	131	1	we	we	PRON
ejge-4308	131	2	acquire	acquire	VERB
ejge-4308	131	3	gdp	gdp	NOUN
ejge-4308	131	4	data	datum	NOUN
ejge-4308	131	5	from	from	ADP
ejge-4308	131	6	the	the	DET
ejge-4308	131	7	ameco	ameco	PROPN
ejge-4308	131	8	database	database	NOUN
ejge-4308	131	9	of	of	ADP
ejge-4308	131	10	the	the	DET
ejge-4308	131	11	european	european	PROPN
ejge-4308	131	12	commission	commission	PROPN
ejge-4308	131	13	.	.	PUNCT
ejge-4308	132	1	our	our	PRON
ejge-4308	132	2	dataset	dataset	NOUN
ejge-4308	132	3	comprises	comprise	VERB
ejge-4308	132	4	annual	annual	ADJ
ejge-4308	132	5	data	datum	NOUN
ejge-4308	132	6	on	on	ADP
ejge-4308	132	7	26	26	NUM
ejge-4308	132	8	developed	develop	VERB
ejge-4308	132	9	economies	economy	NOUN
ejge-4308	132	10	,	,	PUNCT
ejge-4308	132	11	over	over	ADP
ejge-4308	132	12	the	the	DET
ejge-4308	132	13	period	period	NOUN
ejge-4308	132	14	1961	1961	NUM
ejge-4308	132	15	-	-	SYM
ejge-4308	132	16	2012	2012	NUM
ejge-4308	132	17	.	.	PUNCT
ejge-4308	133	1	table	table	NOUN
ejge-4308	133	2	a	a	PRON
ejge-4308	133	3	in	in	ADP
ejge-4308	133	4	the	the	DET
ejge-4308	133	5	appendix	appendix	NOUN
ejge-4308	133	6	provides	provide	VERB
ejge-4308	133	7	the	the	DET
ejge-4308	133	8	summary	summary	NOUN
ejge-4308	133	9	statistics	statistic	NOUN
ejge-4308	133	10	for	for	ADP
ejge-4308	133	11	public	public	ADJ
ejge-4308	133	12	,	,	PUNCT
ejge-4308	133	13	private	private	ADJ
ejge-4308	133	14	and	and	CCONJ
ejge-4308	133	15	total	total	ADJ
ejge-4308	133	16	debt	debt	NOUN
ejge-4308	133	17	-	-	PUNCT
ejge-4308	133	18	to	to	ADP
ejge-4308	133	19	-	-	PUNCT
ejge-4308	133	20	gdp	gdp	NOUN
ejge-4308	133	21	levels	level	NOUN
ejge-4308	133	22	,	,	PUNCT
ejge-4308	133	23	yearly	yearly	ADJ
ejge-4308	133	24	increases	increase	NOUN
ejge-4308	133	25	in	in	ADP
ejge-4308	133	26	total	total	ADJ
ejge-4308	133	27	debt	debt	NOUN
ejge-4308	133	28	-	-	PUNCT
ejge-4308	133	29	to	to	ADP
ejge-4308	133	30	-	-	PUNCT
ejge-4308	133	31	gdp	gdp	NOUN
ejge-4308	133	32	levels	level	NOUN
ejge-4308	133	33	and	and	CCONJ
ejge-4308	133	34	real	real	ADJ
ejge-4308	133	35	gdp	gdp	NOUN
ejge-4308	133	36	per	per	ADP
ejge-4308	133	37	capita	capita	NOUN
ejge-4308	133	38	growth	growth	NOUN
ejge-4308	133	39	rates	rate	NOUN
ejge-4308	133	40	.	.	PUNCT
ejge-4308	134	1	in	in	ADP
ejge-4308	134	2	our	our	PRON
ejge-4308	134	3	sample	sample	NOUN
ejge-4308	134	4	,	,	PUNCT
ejge-4308	134	5	the	the	DET
ejge-4308	134	6	average	average	ADJ
ejge-4308	134	7	total	total	ADJ
ejge-4308	134	8	debt	debt	NOUN
ejge-4308	134	9	-	-	PUNCT
ejge-4308	134	10	to	to	ADP
ejge-4308	134	11	-	-	PUNCT
ejge-4308	134	12	gdp	gdp	NOUN
ejge-4308	134	13	level	level	NOUN
ejge-4308	134	14	is	be	AUX
ejge-4308	134	15	168	168	NUM
ejge-4308	134	16	%	%	NOUN
ejge-4308	134	17	,	,	PUNCT
ejge-4308	134	18	the	the	DET
ejge-4308	134	19	average	average	ADJ
ejge-4308	134	20	yearly	yearly	ADJ
ejge-4308	134	21	increase	increase	NOUN
ejge-4308	134	22	in	in	ADP
ejge-4308	134	23	debt	debt	NOUN
ejge-4308	134	24	is	be	AUX
ejge-4308	134	25	3.65	3.65	NUM
ejge-4308	134	26	%	%	NOUN
ejge-4308	134	27	and	and	CCONJ
ejge-4308	134	28	average	average	ADJ
ejge-4308	134	29	real	real	ADJ
ejge-4308	134	30	growth	growth	NOUN
ejge-4308	134	31	equals	equal	VERB
ejge-4308	134	32	2.48	2.48	NUM
ejge-4308	134	33	%	%	NOUN
ejge-4308	134	34	.	.	PUNCT
ejge-4308	135	1	however	however	ADV
ejge-4308	135	2	,	,	PUNCT
ejge-4308	135	3	these	these	DET
ejge-4308	135	4	averages	average	NOUN
ejge-4308	135	5	disguise	disguise	VERB
ejge-4308	135	6	large	large	ADJ
ejge-4308	135	7	discrepancies	discrepancy	NOUN
ejge-4308	135	8	between	between	ADP
ejge-4308	135	9	countries	country	NOUN
ejge-4308	135	10	.	.	PUNCT
ejge-4308	136	1	whereas	whereas	SCONJ
ejge-4308	136	2	countries	country	NOUN
ejge-4308	136	3	like	like	ADP
ejge-4308	136	4	turkey	turkey	PROPN
ejge-4308	136	5	and	and	CCONJ
ejge-4308	136	6	mexico	mexico	PROPN
ejge-4308	136	7	have	have	VERB
ejge-4308	136	8	average	average	ADJ
ejge-4308	136	9	total	total	ADJ
ejge-4308	136	10	debt	debt	NOUN
ejge-4308	136	11	-	-	PUNCT
ejge-4308	136	12	to	to	ADP
ejge-4308	136	13	-	-	PUNCT
ejge-4308	136	14	gdp	gdp	NOUN
ejge-4308	136	15	levels	level	NOUN
ejge-4308	136	16	of	of	ADP
ejge-4308	136	17	around	around	ADP
ejge-4308	136	18	70	70	NUM
ejge-4308	136	19	%	%	NOUN
ejge-4308	136	20	,	,	PUNCT
ejge-4308	136	21	countries	country	NOUN
ejge-4308	136	22	such	such	ADJ
ejge-4308	136	23	as	as	ADP
ejge-4308	136	24	japan	japan	PROPN
ejge-4308	136	25	and	and	CCONJ
ejge-4308	136	26	luxembourg9	luxembourg9	PROPN
ejge-4308	136	27	have	have	VERB
ejge-4308	136	28	an	an	DET
ejge-4308	136	29	average	average	ADJ
ejge-4308	136	30	debt	debt	NOUN
ejge-4308	136	31	level	level	NOUN
ejge-4308	136	32	which	which	PRON
ejge-4308	136	33	is	be	AUX
ejge-4308	136	34	several	several	ADJ
ejge-4308	136	35	times	time	NOUN
ejge-4308	136	36	larger	large	ADJ
ejge-4308	136	37	(	(	PUNCT
ejge-4308	136	38	363	363	NUM
ejge-4308	136	39	%	%	NOUN
ejge-4308	136	40	and	and	CCONJ
ejge-4308	136	41	257	257	NUM
ejge-4308	136	42	%	%	NOUN
ejge-4308	136	43	respectively	respectively	ADV
ejge-4308	136	44	)	)	PUNCT
ejge-4308	136	45	.	.	PUNCT
ejge-4308	137	1	we	we	PRON
ejge-4308	137	2	need	need	VERB
ejge-4308	137	3	to	to	PART
ejge-4308	137	4	discuss	discuss	VERB
ejge-4308	137	5	several	several	ADJ
ejge-4308	137	6	methodological	methodological	ADJ
ejge-4308	137	7	issues	issue	NOUN
ejge-4308	137	8	when	when	SCONJ
ejge-4308	137	9	examining	examine	VERB
ejge-4308	137	10	the	the	DET
ejge-4308	137	11	relationship	relationship	NOUN
ejge-4308	137	12	between	between	ADP
ejge-4308	137	13	debt	debt	NOUN
ejge-4308	137	14	and	and	CCONJ
ejge-4308	137	15	growth	growth	NOUN
ejge-4308	137	16	.	.	PUNCT
ejge-4308	138	1	firstly	firstly	ADV
ejge-4308	138	2	,	,	PUNCT
ejge-4308	138	3	it	it	PRON
ejge-4308	138	4	seems	seem	VERB
ejge-4308	138	5	highly	highly	ADV
ejge-4308	138	6	implausible	implausible	ADJ
ejge-4308	138	7	that	that	SCONJ
ejge-4308	138	8	there	there	PRON
ejge-4308	138	9	is	be	VERB
ejge-4308	138	10	one	one	NUM
ejge-4308	138	11	common	common	ADJ
ejge-4308	138	12	debt	debt	NOUN
ejge-4308	138	13	threshold	threshold	NOUN
ejge-4308	138	14	after	after	ADP
ejge-4308	138	15	which	which	PRON
ejge-4308	138	16	growth	growth	NOUN
ejge-4308	138	17	plummets	plummet	NOUN
ejge-4308	138	18	.	.	PUNCT
ejge-4308	139	1	if	if	SCONJ
ejge-4308	139	2	there	there	PRON
ejge-4308	139	3	exists	exist	VERB
ejge-4308	139	4	a	a	DET
ejge-4308	139	5	“	"	PUNCT
ejge-4308	139	6	dangerous	dangerous	ADJ
ejge-4308	139	7	”	"	PUNCT
ejge-4308	139	8	debt	debt	NOUN
ejge-4308	139	9	threshold	threshold	NOUN
ejge-4308	139	10	,	,	PUNCT
ejge-4308	139	11	this	this	PRON
ejge-4308	139	12	will	will	AUX
ejge-4308	139	13	most	most	ADV
ejge-4308	139	14	likely	likely	ADV
ejge-4308	139	15	vary	vary	VERB
ejge-4308	139	16	across	across	ADP
ejge-4308	139	17	countries	country	NOUN
ejge-4308	139	18	and	and	CCONJ
ejge-4308	139	19	across	across	ADP
ejge-4308	139	20	time	time	NOUN
ejge-4308	139	21	,	,	PUNCT
ejge-4308	139	22	and	and	CCONJ
ejge-4308	139	23	will	will	AUX
ejge-4308	139	24	be	be	AUX
ejge-4308	139	25	dependent	dependent	ADJ
ejge-4308	139	26	on	on	ADP
ejge-4308	139	27	numerous	numerous	ADJ
ejge-4308	139	28	other	other	ADJ
ejge-4308	139	29	factors	factor	NOUN
ejge-4308	139	30	(	(	PUNCT
ejge-4308	139	31	e.g.	e.g.	ADV
ejge-4308	139	32	potential	potential	ADJ
ejge-4308	139	33	growth	growth	NOUN
ejge-4308	139	34	rate10	rate10	NOUN
ejge-4308	139	35	,	,	PUNCT
ejge-4308	139	36	willingness	willingness	NOUN
ejge-4308	139	37	to	to	PART
ejge-4308	139	38	save	save	VERB
ejge-4308	139	39	of	of	ADP
ejge-4308	139	40	the	the	DET
ejge-4308	139	41	private	private	ADJ
ejge-4308	139	42	sector	sector	NOUN
ejge-4308	139	43	)	)	PUNCT
ejge-4308	139	44	.	.	PUNCT
ejge-4308	140	1	another	another	DET
ejge-4308	140	2	issue	issue	NOUN
ejge-4308	140	3	pertains	pertain	VERB
ejge-4308	140	4	to	to	ADP
ejge-4308	140	5	the	the	DET
ejge-4308	140	6	causality	causality	NOUN
ejge-4308	140	7	between	between	ADP
ejge-4308	140	8	debt	debt	NOUN
ejge-4308	140	9	and	and	CCONJ
ejge-4308	140	10	growth	growth	NOUN
ejge-4308	140	11	.	.	PUNCT
ejge-4308	141	1	rather	rather	ADV
ejge-4308	141	2	than	than	ADP
ejge-4308	141	3	being	be	AUX
ejge-4308	141	4	the	the	DET
ejge-4308	141	5	cause	cause	NOUN
ejge-4308	141	6	,	,	PUNCT
ejge-4308	141	7	high	high	ADJ
ejge-4308	141	8	debt	debt	NOUN
ejge-4308	141	9	may	may	AUX
ejge-4308	141	10	be	be	AUX
ejge-4308	141	11	the	the	DET
ejge-4308	141	12	result	result	NOUN
ejge-4308	141	13	of	of	ADP
ejge-4308	141	14	anaemic	anaemic	ADJ
ejge-4308	141	15	growth	growth	NOUN
ejge-4308	141	16	.	.	PUNCT
ejge-4308	142	1	if	if	SCONJ
ejge-4308	142	2	it	it	PRON
ejge-4308	142	3	is	be	AUX
ejge-4308	142	4	sluggish	sluggish	ADJ
ejge-4308	142	5	growth	growth	NOUN
ejge-4308	142	6	that	that	PRON
ejge-4308	142	7	causes	cause	VERB
ejge-4308	142	8	high	high	ADJ
ejge-4308	142	9	debt	debt	NOUN
ejge-4308	142	10	,	,	PUNCT
ejge-4308	142	11	it	it	PRON
ejge-4308	142	12	is	be	AUX
ejge-4308	142	13	less	less	ADV
ejge-4308	142	14	probable	probable	ADJ
ejge-4308	142	15	that	that	SCONJ
ejge-4308	142	16	a	a	DET
ejge-4308	142	17	specific	specific	ADJ
ejge-4308	142	18	threshold	threshold	NOUN
ejge-4308	142	19	is	be	AUX
ejge-4308	142	20	7	7	NUM
ejge-4308	142	21	see	see	VERB
ejge-4308	142	22	horton	horton	PROPN
ejge-4308	142	23	et	et	PROPN
ejge-4308	142	24	al	al	PROPN
ejge-4308	142	25	.	.	PROPN
ejge-4308	143	1	(	(	PUNCT
ejge-4308	143	2	2010	2010	NUM
ejge-4308	143	3	)	)	PUNCT
ejge-4308	143	4	for	for	ADP
ejge-4308	143	5	a	a	DET
ejge-4308	143	6	complete	complete	ADJ
ejge-4308	143	7	description	description	NOUN
ejge-4308	143	8	of	of	ADP
ejge-4308	143	9	the	the	DET
ejge-4308	143	10	database	database	NOUN
ejge-4308	143	11	,	,	PUNCT
ejge-4308	143	12	which	which	PRON
ejge-4308	143	13	can	can	AUX
ejge-4308	143	14	be	be	AUX
ejge-4308	143	15	found	find	VERB
ejge-4308	143	16	online	online	ADV
ejge-4308	143	17	on	on	ADP
ejge-4308	143	18	www.imf.org/external/datamapper/index.php?db=debt	www.imf.org/external/datamapper/index.php?db=debt	PROPN
ejge-4308	143	19	.	.	PROPN
ejge-4308	143	20	8	8	NUM
ejge-4308	143	21	see	see	VERB
ejge-4308	143	22	dembiermont	dembiermont	NOUN
ejge-4308	143	23	,	,	PUNCT
ejge-4308	143	24	drehmann	drehmann	PROPN
ejge-4308	143	25	and	and	CCONJ
ejge-4308	143	26	muksakunratana	muksakunratana	PROPN
ejge-4308	143	27	(	(	PUNCT
ejge-4308	143	28	2013	2013	NUM
ejge-4308	143	29	)	)	PUNCT
ejge-4308	143	30	for	for	ADP
ejge-4308	143	31	a	a	DET
ejge-4308	143	32	detailed	detailed	ADJ
ejge-4308	143	33	description	description	NOUN
ejge-4308	143	34	of	of	ADP
ejge-4308	143	35	the	the	DET
ejge-4308	143	36	database	database	NOUN
ejge-4308	143	37	:	:	PUNCT
ejge-4308	143	38	http://www.bis.org/statistics/credtopriv.htm	http://www.bis.org/statistics/credtopriv.htm	X
ejge-4308	143	39	.	.	NOUN
ejge-4308	143	40	9	9	NUM
ejge-4308	143	41	luxembourg	luxembourg	PROPN
ejge-4308	143	42	is	be	AUX
ejge-4308	143	43	a	a	DET
ejge-4308	143	44	particular	particular	ADJ
ejge-4308	143	45	case	case	NOUN
ejge-4308	143	46	due	due	ADP
ejge-4308	143	47	to	to	ADP
ejge-4308	143	48	its	its	PRON
ejge-4308	143	49	heavy	heavy	ADJ
ejge-4308	143	50	reliance	reliance	NOUN
ejge-4308	143	51	on	on	ADP
ejge-4308	143	52	financial	financial	ADJ
ejge-4308	143	53	services	service	NOUN
ejge-4308	143	54	,	,	PUNCT
ejge-4308	143	55	resulting	result	VERB
ejge-4308	143	56	in	in	ADP
ejge-4308	143	57	a	a	DET
ejge-4308	143	58	very	very	ADV
ejge-4308	143	59	high	high	ADJ
ejge-4308	143	60	level	level	NOUN
ejge-4308	143	61	of	of	ADP
ejge-4308	143	62	private	private	ADJ
ejge-4308	143	63	debt	debt	NOUN
ejge-4308	143	64	.	.	PUNCT
ejge-4308	144	1	10	10	NUM
ejge-4308	144	2	as	as	ADP
ejge-4308	144	3	summers	summer	NOUN
ejge-4308	144	4	(	(	PUNCT
ejge-4308	144	5	2014	2014	NUM
ejge-4308	144	6	)	)	PUNCT
ejge-4308	144	7	has	have	AUX
ejge-4308	144	8	argued	argue	VERB
ejge-4308	144	9	repeatedly	repeatedly	ADV
ejge-4308	144	10	in	in	ADP
ejge-4308	144	11	his	his	PRON
ejge-4308	144	12	discussion	discussion	NOUN
ejge-4308	144	13	of	of	ADP
ejge-4308	144	14	secular	secular	ADJ
ejge-4308	144	15	stagnation	stagnation	NOUN
ejge-4308	144	16	,	,	PUNCT
ejge-4308	144	17	in	in	ADP
ejge-4308	144	18	a	a	DET
ejge-4308	144	19	world	world	NOUN
ejge-4308	144	20	with	with	ADP
ejge-4308	144	21	economic	economic	ADJ
ejge-4308	144	22	output	output	NOUN
ejge-4308	144	23	chronically	chronically	ADV
ejge-4308	144	24	below	below	ADP
ejge-4308	144	25	potential	potential	ADJ
ejge-4308	144	26	,	,	PUNCT
ejge-4308	144	27	debt	debt	NOUN
ejge-4308	144	28	-	-	PUNCT
ejge-4308	144	29	financed	finance	VERB
ejge-4308	144	30	public	public	ADJ
ejge-4308	144	31	projects	project	NOUN
ejge-4308	144	32	might	might	AUX
ejge-4308	144	33	be	be	AUX
ejge-4308	144	34	needed	need	VERB
ejge-4308	144	35	to	to	PART
ejge-4308	144	36	generate	generate	VERB
ejge-4308	144	37	growth	growth	NOUN
ejge-4308	144	38	levels	level	NOUN
ejge-4308	144	39	which	which	PRON
ejge-4308	144	40	are	be	AUX
ejge-4308	144	41	consistent	consistent	ADJ
ejge-4308	144	42	with	with	ADP
ejge-4308	144	43	full	full	ADJ
ejge-4308	144	44	employment	employment	NOUN
ejge-4308	144	45	and	and	CCONJ
ejge-4308	144	46	stable	stable	ADJ
ejge-4308	144	47	inflation	inflation	NOUN
ejge-4308	144	48	.	.	PUNCT
ejge-4308	145	1	european	european	ADJ
ejge-4308	145	2	journal	journal	PROPN
ejge-4308	145	3	of	of	ADP
ejge-4308	145	4	government	government	NOUN
ejge-4308	145	5	and	and	CCONJ
ejge-4308	145	6	economics	economic	NOUN
ejge-4308	145	7	4(2	4(2	NUM
ejge-4308	145	8	)	)	PUNCT
ejge-4308	145	9	85	85	NUM
ejge-4308	145	10	discerned	discern	VERB
ejge-4308	145	11	.	.	PUNCT
ejge-4308	146	1	hence	hence	ADV
ejge-4308	146	2	,	,	PUNCT
ejge-4308	146	3	if	if	SCONJ
ejge-4308	146	4	such	such	DET
ejge-4308	146	5	a	a	DET
ejge-4308	146	6	threshold	threshold	NOUN
ejge-4308	146	7	is	be	AUX
ejge-4308	146	8	found	find	VERB
ejge-4308	146	9	,	,	PUNCT
ejge-4308	146	10	the	the	DET
ejge-4308	146	11	likelihood	likelihood	NOUN
ejge-4308	146	12	that	that	SCONJ
ejge-4308	146	13	it	it	PRON
ejge-4308	146	14	is	be	AUX
ejge-4308	146	15	driven	drive	VERB
ejge-4308	146	16	by	by	ADP
ejge-4308	146	17	a	a	DET
ejge-4308	146	18	causal	causal	ADJ
ejge-4308	146	19	effect	effect	NOUN
ejge-4308	146	20	of	of	ADP
ejge-4308	146	21	debt	debt	NOUN
ejge-4308	146	22	on	on	ADP
ejge-4308	146	23	growth	growth	NOUN
ejge-4308	146	24	is	be	AUX
ejge-4308	146	25	relatively	relatively	ADV
ejge-4308	146	26	high	high	ADJ
ejge-4308	146	27	.	.	PUNCT
ejge-4308	147	1	moreover	moreover	ADV
ejge-4308	147	2	,	,	PUNCT
ejge-4308	147	3	elevated	elevated	ADJ
ejge-4308	147	4	debt	debt	NOUN
ejge-4308	147	5	levels	level	NOUN
ejge-4308	147	6	might	might	AUX
ejge-4308	147	7	conceal	conceal	VERB
ejge-4308	147	8	an	an	DET
ejge-4308	147	9	omitted	omit	VERB
ejge-4308	147	10	variable	variable	NOUN
ejge-4308	147	11	,	,	PUNCT
ejge-4308	147	12	a	a	DET
ejge-4308	147	13	common	common	ADJ
ejge-4308	147	14	factor	factor	NOUN
ejge-4308	147	15	both	both	PRON
ejge-4308	147	16	increasing	increase	VERB
ejge-4308	147	17	debt	debt	NOUN
ejge-4308	147	18	and	and	CCONJ
ejge-4308	147	19	reducing	reduce	VERB
ejge-4308	147	20	growth	growth	NOUN
ejge-4308	147	21	(	(	PUNCT
ejge-4308	147	22	e.g.	e.g.	ADV
ejge-4308	147	23	a	a	DET
ejge-4308	147	24	financial	financial	ADJ
ejge-4308	147	25	crisis	crisis	NOUN
ejge-4308	147	26	or	or	CCONJ
ejge-4308	147	27	a	a	DET
ejge-4308	147	28	war	war	NOUN
ejge-4308	147	29	)	)	PUNCT
ejge-4308	147	30	.	.	PUNCT
ejge-4308	148	1	this	this	PRON
ejge-4308	148	2	applies	apply	VERB
ejge-4308	148	3	particularly	particularly	ADV
ejge-4308	148	4	when	when	SCONJ
ejge-4308	148	5	analyzing	analyze	VERB
ejge-4308	148	6	the	the	DET
ejge-4308	148	7	short	short	ADJ
ejge-4308	148	8	-	-	PUNCT
ejge-4308	148	9	term	term	NOUN
ejge-4308	148	10	relationship	relationship	NOUN
ejge-4308	148	11	between	between	ADP
ejge-4308	148	12	debt	debt	NOUN
ejge-4308	148	13	and	and	CCONJ
ejge-4308	148	14	growth	growth	NOUN
ejge-4308	148	15	,	,	PUNCT
ejge-4308	148	16	since	since	SCONJ
ejge-4308	148	17	a	a	DET
ejge-4308	148	18	recession	recession	NOUN
ejge-4308	148	19	almost	almost	ADV
ejge-4308	148	20	mechanically	mechanically	ADV
ejge-4308	148	21	results	result	VERB
ejge-4308	148	22	in	in	ADP
ejge-4308	148	23	a	a	DET
ejge-4308	148	24	higher	high	ADJ
ejge-4308	148	25	debt	debt	NOUN
ejge-4308	148	26	ratio	ratio	NOUN
ejge-4308	148	27	due	due	ADP
ejge-4308	148	28	to	to	ADP
ejge-4308	148	29	the	the	DET
ejge-4308	148	30	denominator	denominator	NOUN
ejge-4308	148	31	shrinking	shrinking	NOUN
ejge-4308	148	32	.	.	PUNCT
ejge-4308	149	1	one	one	NUM
ejge-4308	149	2	way	way	NOUN
ejge-4308	149	3	to	to	PART
ejge-4308	149	4	address	address	VERB
ejge-4308	149	5	the	the	DET
ejge-4308	149	6	issue	issue	NOUN
ejge-4308	149	7	of	of	ADP
ejge-4308	149	8	causality	causality	NOUN
ejge-4308	149	9	is	be	AUX
ejge-4308	149	10	by	by	ADP
ejge-4308	149	11	adopting	adopt	VERB
ejge-4308	149	12	instrumental	instrumental	ADJ
ejge-4308	149	13	techniques	technique	NOUN
ejge-4308	149	14	.	.	PUNCT
ejge-4308	150	1	for	for	ADP
ejge-4308	150	2	example	example	NOUN
ejge-4308	150	3	,	,	PUNCT
ejge-4308	150	4	panizza	panizza	NOUN
ejge-4308	150	5	and	and	CCONJ
ejge-4308	150	6	presbitero	presbitero	NOUN
ejge-4308	150	7	(	(	PUNCT
ejge-4308	150	8	2014	2014	NUM
ejge-4308	150	9	)	)	PUNCT
ejge-4308	150	10	use	use	VERB
ejge-4308	150	11	an	an	DET
ejge-4308	150	12	instrument	instrument	NOUN
ejge-4308	150	13	variable	variable	NOUN
ejge-4308	150	14	that	that	PRON
ejge-4308	150	15	takes	take	VERB
ejge-4308	150	16	into	into	ADP
ejge-4308	150	17	account	account	NOUN
ejge-4308	150	18	valuation	valuation	NOUN
ejge-4308	150	19	effects	effect	NOUN
ejge-4308	150	20	resulting	result	VERB
ejge-4308	150	21	from	from	ADP
ejge-4308	150	22	the	the	DET
ejge-4308	150	23	interplay	interplay	NOUN
ejge-4308	150	24	between	between	ADP
ejge-4308	150	25	exchange	exchange	NOUN
ejge-4308	150	26	rate	rate	NOUN
ejge-4308	150	27	volatility	volatility	NOUN
ejge-4308	150	28	and	and	CCONJ
ejge-4308	150	29	foreign	foreign	ADJ
ejge-4308	150	30	currency	currency	NOUN
ejge-4308	150	31	debt	debt	NOUN
ejge-4308	150	32	.	.	PUNCT
ejge-4308	151	1	they	they	PRON
ejge-4308	151	2	find	find	VERB
ejge-4308	151	3	no	no	DET
ejge-4308	151	4	evidence	evidence	NOUN
ejge-4308	151	5	that	that	SCONJ
ejge-4308	151	6	debt	debt	NOUN
ejge-4308	151	7	has	have	AUX
ejge-4308	151	8	a	a	DET
ejge-4308	151	9	causal	causal	ADJ
ejge-4308	151	10	effect	effect	NOUN
ejge-4308	151	11	on	on	ADP
ejge-4308	151	12	growth	growth	NOUN
ejge-4308	151	13	.	.	PUNCT
ejge-4308	152	1	next	next	ADJ
ejge-4308	152	2	to	to	ADP
ejge-4308	152	3	the	the	DET
ejge-4308	152	4	short	short	ADJ
ejge-4308	152	5	-	-	PUNCT
ejge-4308	152	6	term	term	NOUN
ejge-4308	152	7	relationship	relationship	NOUN
ejge-4308	152	8	between	between	ADP
ejge-4308	152	9	debt	debt	NOUN
ejge-4308	152	10	and	and	CCONJ
ejge-4308	152	11	growth	growth	NOUN
ejge-4308	152	12	,	,	PUNCT
ejge-4308	152	13	which	which	PRON
ejge-4308	152	14	is	be	AUX
ejge-4308	152	15	the	the	DET
ejge-4308	152	16	focus	focus	NOUN
ejge-4308	152	17	in	in	ADP
ejge-4308	152	18	most	most	ADJ
ejge-4308	152	19	of	of	ADP
ejge-4308	152	20	the	the	DET
ejge-4308	152	21	literature	literature	NOUN
ejge-4308	152	22	,	,	PUNCT
ejge-4308	152	23	we	we	PRON
ejge-4308	152	24	consider	consider	VERB
ejge-4308	152	25	the	the	DET
ejge-4308	152	26	long	long	ADJ
ejge-4308	152	27	-	-	PUNCT
ejge-4308	152	28	term	term	NOUN
ejge-4308	152	29	link	link	NOUN
ejge-4308	152	30	.	.	PUNCT
ejge-4308	153	1	more	more	ADV
ejge-4308	153	2	concretely	concretely	ADV
ejge-4308	153	3	,	,	PUNCT
ejge-4308	153	4	we	we	PRON
ejge-4308	153	5	analyse	analyse	VERB
ejge-4308	153	6	the	the	DET
ejge-4308	153	7	long	long	ADJ
ejge-4308	153	8	-	-	PUNCT
ejge-4308	153	9	term	term	NOUN
ejge-4308	153	10	relationship	relationship	NOUN
ejge-4308	153	11	between	between	ADP
ejge-4308	153	12	today	today	NOUN
ejge-4308	153	13	’s	’s	PART
ejge-4308	153	14	level	level	NOUN
ejge-4308	153	15	of	of	ADP
ejge-4308	153	16	total	total	ADJ
ejge-4308	153	17	debt	debt	NOUN
ejge-4308	153	18	to	to	ADP
ejge-4308	153	19	gdp	gdp	PROPN
ejge-4308	153	20	,	,	PUNCT
ejge-4308	153	21	bt	bt	PROPN
ejge-4308	153	22	,	,	PUNCT
ejge-4308	153	23	and	and	CCONJ
ejge-4308	153	24	subsequent	subsequent	ADJ
ejge-4308	153	25	gdp	gdp	NOUN
ejge-4308	153	26	growth	growth	NOUN
ejge-4308	153	27	in	in	ADP
ejge-4308	153	28	the	the	DET
ejge-4308	153	29	next	next	ADJ
ejge-4308	153	30	h	h	NOUN
ejge-4308	153	31	-	-	PUNCT
ejge-4308	153	32	years	year	NOUN
ejge-4308	153	33	,	,	PUNCT
ejge-4308	153	34	git	git	NOUN
ejge-4308	153	35	(	(	PUNCT
ejge-4308	153	36	h	h	NOUN
ejge-4308	153	37	)	)	PUNCT
ejge-4308	153	38	=	=	SYM
ejge-4308	153	39	yt+h	yt+h	NOUN
ejge-4308	153	40	/	/	SYM
ejge-4308	153	41	yt	yt	NOUN
ejge-4308	153	42	.	.	PUNCT
ejge-4308	154	1	this	this	DET
ejge-4308	154	2	longer	long	ADJ
ejge-4308	154	3	-	-	PUNCT
ejge-4308	154	4	term	term	NOUN
ejge-4308	154	5	horizon	horizon	NOUN
ejge-4308	154	6	allows	allow	VERB
ejge-4308	154	7	for	for	ADP
ejge-4308	154	8	tempering	temper	VERB
ejge-4308	154	9	the	the	DET
ejge-4308	154	10	effects	effect	NOUN
ejge-4308	154	11	of	of	ADP
ejge-4308	154	12	reverse	reverse	ADJ
ejge-4308	154	13	causality	causality	NOUN
ejge-4308	154	14	that	that	SCONJ
ejge-4308	154	15	a	a	DET
ejge-4308	154	16	brief	brief	ADJ
ejge-4308	154	17	recession	recession	NOUN
ejge-4308	154	18	or	or	CCONJ
ejge-4308	154	19	boom	boom	NOUN
ejge-4308	154	20	might	might	AUX
ejge-4308	154	21	have	have	VERB
ejge-4308	154	22	on	on	ADP
ejge-4308	154	23	short	short	ADJ
ejge-4308	154	24	-	-	PUNCT
ejge-4308	154	25	term	term	NOUN
ejge-4308	154	26	economic	economic	ADJ
ejge-4308	154	27	growth	growth	NOUN
ejge-4308	154	28	.	.	PUNCT
ejge-4308	155	1	we	we	PRON
ejge-4308	155	2	apply	apply	VERB
ejge-4308	155	3	the	the	DET
ejge-4308	155	4	framework	framework	NOUN
ejge-4308	155	5	provided	provide	VERB
ejge-4308	155	6	by	by	ADP
ejge-4308	155	7	pescatori	pescatori	NOUN
ejge-4308	155	8	,	,	PUNCT
ejge-4308	155	9	sandri	sandri	ADJ
ejge-4308	155	10	and	and	CCONJ
ejge-4308	155	11	simon	simon	PROPN
ejge-4308	155	12	(	(	PUNCT
ejge-4308	155	13	2014	2014	NUM
ejge-4308	155	14	)	)	PUNCT
ejge-4308	155	15	.	.	PUNCT
ejge-4308	156	1	our	our	PRON
ejge-4308	156	2	analysis	analysis	NOUN
ejge-4308	156	3	starts	start	VERB
ejge-4308	156	4	by	by	ADP
ejge-4308	156	5	taking	take	VERB
ejge-4308	156	6	a	a	DET
ejge-4308	156	7	sample	sample	NOUN
ejge-4308	156	8	of	of	ADP
ejge-4308	156	9	all	all	DET
ejge-4308	156	10	country	country	NOUN
ejge-4308	156	11	episodes11	episodes11	NOUN
ejge-4308	156	12	where	where	SCONJ
ejge-4308	156	13	total	total	ADJ
ejge-4308	156	14	debt	debt	NOUN
ejge-4308	156	15	rose	rise	VERB
ejge-4308	156	16	above	above	ADP
ejge-4308	156	17	a	a	DET
ejge-4308	156	18	threshold	threshold	NOUN
ejge-4308	156	19	τ	τ	PROPN
ejge-4308	156	20	.	.	PUNCT
ejge-4308	157	1	next	next	ADV
ejge-4308	157	2	,	,	PUNCT
ejge-4308	157	3	we	we	PRON
ejge-4308	157	4	look	look	VERB
ejge-4308	157	5	at	at	ADP
ejge-4308	157	6	real	real	ADJ
ejge-4308	157	7	gdp	gdp	NOUN
ejge-4308	157	8	per	per	ADP
ejge-4308	157	9	capita	capita	NOUN
ejge-4308	157	10	growth	growth	NOUN
ejge-4308	157	11	over	over	ADP
ejge-4308	157	12	the	the	DET
ejge-4308	157	13	next	next	ADJ
ejge-4308	157	14	h	h	NOUN
ejge-4308	157	15	years	year	NOUN
ejge-4308	157	16	,	,	PUNCT
ejge-4308	157	17	where	where	SCONJ
ejge-4308	157	18	h	h	NOUN
ejge-4308	157	19	ϵ	ϵ	X
ejge-4308	158	1	[	[	X
ejge-4308	158	2	1,5,10,15	1,5,10,15	PROPN
ejge-4308	158	3	]	]	PUNCT
ejge-4308	158	4	.	.	PUNCT
ejge-4308	159	1	countries	country	NOUN
ejge-4308	159	2	can	can	AUX
ejge-4308	159	3	have	have	VERB
ejge-4308	159	4	multiple	multiple	ADJ
ejge-4308	159	5	episodes	episode	NOUN
ejge-4308	159	6	,	,	PUNCT
ejge-4308	159	7	but	but	CCONJ
ejge-4308	159	8	not	not	PART
ejge-4308	159	9	overlapping	overlap	VERB
ejge-4308	159	10	ones	one	NOUN
ejge-4308	159	11	.	.	PUNCT
ejge-4308	160	1	we	we	PRON
ejge-4308	160	2	consider	consider	VERB
ejge-4308	160	3	the	the	DET
ejge-4308	160	4	start	start	NOUN
ejge-4308	160	5	of	of	ADP
ejge-4308	160	6	a	a	DET
ejge-4308	160	7	rising	rise	VERB
ejge-4308	160	8	debt	debt	NOUN
ejge-4308	160	9	episode	episode	NOUN
ejge-4308	160	10	to	to	PART
ejge-4308	160	11	be	be	AUX
ejge-4308	160	12	the	the	DET
ejge-4308	160	13	first	first	ADJ
ejge-4308	160	14	year	year	NOUN
ejge-4308	160	15	in	in	ADP
ejge-4308	160	16	which	which	PRON
ejge-4308	160	17	the	the	DET
ejge-4308	160	18	total	total	ADJ
ejge-4308	160	19	debt	debt	NOUN
ejge-4308	160	20	level	level	NOUN
ejge-4308	160	21	exceeds	exceed	VERB
ejge-4308	160	22	the	the	DET
ejge-4308	160	23	threshold	threshold	NOUN
ejge-4308	160	24	τ	τ	PROPN
ejge-4308	160	25	,	,	PUNCT
ejge-4308	160	26	conditional	conditional	ADJ
ejge-4308	160	27	on	on	ADP
ejge-4308	160	28	the	the	DET
ejge-4308	160	29	level	level	NOUN
ejge-4308	160	30	being	be	AUX
ejge-4308	160	31	below	below	ADP
ejge-4308	160	32	the	the	DET
ejge-4308	160	33	threshold	threshold	NOUN
ejge-4308	160	34	in	in	ADP
ejge-4308	160	35	the	the	DET
ejge-4308	160	36	previous	previous	ADJ
ejge-4308	160	37	year	year	NOUN
ejge-4308	160	38	.	.	PUNCT
ejge-4308	161	1	to	to	PART
ejge-4308	161	2	put	put	VERB
ejge-4308	161	3	it	it	PRON
ejge-4308	161	4	more	more	ADV
ejge-4308	161	5	formally	formally	ADV
ejge-4308	161	6	,	,	PUNCT
ejge-4308	161	7	for	for	ADP
ejge-4308	161	8	a	a	DET
ejge-4308	161	9	country	country	NOUN
ejge-4308	162	1	i	i	PRON
ejge-4308	162	2	and	and	CCONJ
ejge-4308	162	3	a	a	DET
ejge-4308	162	4	threshold	threshold	NOUN
ejge-4308	162	5	τ	τ	PROPN
ejge-4308	162	6	,	,	PUNCT
ejge-4308	162	7	the	the	DET
ejge-4308	162	8	start	start	NOUN
ejge-4308	162	9	of	of	ADP
ejge-4308	162	10	an	an	DET
ejge-4308	162	11	episode	episode	NOUN
ejge-4308	162	12	has	have	VERB
ejge-4308	162	13	to	to	PART
ejge-4308	162	14	meet	meet	VERB
ejge-4308	162	15	the	the	DET
ejge-4308	162	16	following	following	ADJ
ejge-4308	162	17	conditions	condition	NOUN
ejge-4308	162	18	:	:	PUNCT
ejge-4308	162	19	bit	bit	NOUN
ejge-4308	162	20	≥	≥	X
ejge-4308	162	21	τ	τ	X
ejge-4308	162	22	,	,	PUNCT
ejge-4308	162	23	bit-1	bit-1	PUNCT
ejge-4308	162	24	<	<	X
ejge-4308	162	25	τ	τ	PROPN
ejge-4308	162	26	and	and	CCONJ
ejge-4308	162	27	∄	∄	NOUN
ejge-4308	163	1	j	j	PROPN
ejge-4308	164	1	ϵ	ϵ	X
ejge-4308	165	1	[	[	X
ejge-4308	165	2	1,	1,	NUM
ejge-4308	165	3	…	…	SYM
ejge-4308	165	4	,h	,h	X
ejge-4308	165	5	]	]	X
ejge-4308	165	6	s.t	s.t	PROPN
ejge-4308	165	7	.	.	PROPN
ejge-4308	165	8	bit	bit	PROPN
ejge-4308	165	9	-	-	PUNCT
ejge-4308	165	10	j	j	PROPN
ejge-4308	165	11	≥	≥	X
ejge-4308	165	12	τ	τ	PROPN
ejge-4308	165	13	,	,	PUNCT
ejge-4308	165	14	bit	bit	NOUN
ejge-4308	165	15	-	-	PUNCT
ejge-4308	165	16	j-1	j-1	ADV
ejge-4308	165	17	<	<	X
ejge-4308	165	18	τ	τ	X
ejge-4308	165	19	.	.	PUNCT
ejge-4308	166	1	there	there	PRON
ejge-4308	166	2	are	be	VERB
ejge-4308	166	3	several	several	ADJ
ejge-4308	166	4	features	feature	NOUN
ejge-4308	166	5	of	of	ADP
ejge-4308	166	6	this	this	DET
ejge-4308	166	7	model	model	NOUN
ejge-4308	166	8	which	which	PRON
ejge-4308	166	9	are	be	AUX
ejge-4308	166	10	important	important	ADJ
ejge-4308	166	11	to	to	PART
ejge-4308	166	12	note	note	VERB
ejge-4308	166	13	.	.	PUNCT
ejge-4308	167	1	firstly	firstly	ADV
ejge-4308	167	2	,	,	PUNCT
ejge-4308	167	3	by	by	ADP
ejge-4308	167	4	analyzing	analyze	VERB
ejge-4308	167	5	economic	economic	ADJ
ejge-4308	167	6	performance	performance	NOUN
ejge-4308	167	7	over	over	ADP
ejge-4308	167	8	a	a	DET
ejge-4308	167	9	given	give	VERB
ejge-4308	167	10	period	period	NOUN
ejge-4308	167	11	regardless	regardless	ADV
ejge-4308	167	12	of	of	ADP
ejge-4308	167	13	the	the	DET
ejge-4308	167	14	debt	debt	NOUN
ejge-4308	167	15	outcome	outcome	NOUN
ejge-4308	167	16	,	,	PUNCT
ejge-4308	167	17	we	we	PRON
ejge-4308	167	18	avoid	avoid	VERB
ejge-4308	167	19	the	the	DET
ejge-4308	167	20	truncation	truncation	NOUN
ejge-4308	167	21	problem	problem	NOUN
ejge-4308	167	22	which	which	PRON
ejge-4308	167	23	arises	arise	VERB
ejge-4308	167	24	when	when	SCONJ
ejge-4308	167	25	we	we	PRON
ejge-4308	167	26	only	only	ADV
ejge-4308	167	27	look	look	VERB
ejge-4308	167	28	at	at	ADP
ejge-4308	167	29	the	the	DET
ejge-4308	167	30	period	period	NOUN
ejge-4308	167	31	when	when	SCONJ
ejge-4308	167	32	debt	debt	NOUN
ejge-4308	167	33	remains	remain	VERB
ejge-4308	167	34	above	above	ADP
ejge-4308	167	35	a	a	DET
ejge-4308	167	36	certain	certain	ADJ
ejge-4308	167	37	level	level	NOUN
ejge-4308	167	38	,	,	PUNCT
ejge-4308	167	39	in	in	ADP
ejge-4308	167	40	effect	effect	NOUN
ejge-4308	167	41	solely	solely	ADV
ejge-4308	167	42	selecting	select	VERB
ejge-4308	167	43	‘	'	PUNCT
ejge-4308	167	44	failures	failure	NOUN
ejge-4308	167	45	’	'	PUNCT
ejge-4308	167	46	.	.	PUNCT
ejge-4308	168	1	in	in	ADP
ejge-4308	168	2	our	our	PRON
ejge-4308	168	3	analysis	analysis	NOUN
ejge-4308	168	4	,	,	PUNCT
ejge-4308	168	5	we	we	PRON
ejge-4308	168	6	admit	admit	VERB
ejge-4308	168	7	countries	country	NOUN
ejge-4308	168	8	that	that	PRON
ejge-4308	168	9	succeed	succeed	VERB
ejge-4308	168	10	in	in	ADP
ejge-4308	168	11	reducing	reduce	VERB
ejge-4308	168	12	total	total	ADJ
ejge-4308	168	13	debt	debt	NOUN
ejge-4308	168	14	levels	level	NOUN
ejge-4308	168	15	after	after	ADP
ejge-4308	168	16	surpassing	surpass	VERB
ejge-4308	168	17	a	a	DET
ejge-4308	168	18	particular	particular	ADJ
ejge-4308	168	19	debt	debt	NOUN
ejge-4308	168	20	threshold	threshold	NOUN
ejge-4308	168	21	along	along	ADP
ejge-4308	168	22	with	with	ADP
ejge-4308	168	23	the	the	DET
ejge-4308	168	24	‘	'	PUNCT
ejge-4308	168	25	failures	failure	NOUN
ejge-4308	168	26	’	'	PUNCT
ejge-4308	168	27	,	,	PUNCT
ejge-4308	168	28	i.e.	i.e.	X
ejge-4308	168	29	countries	country	NOUN
ejge-4308	168	30	whose	whose	DET
ejge-4308	168	31	debt	debt	NOUN
ejge-4308	168	32	level	level	NOUN
ejge-4308	168	33	remains	remain	VERB
ejge-4308	168	34	elevated	elevated	ADJ
ejge-4308	168	35	.	.	PUNCT
ejge-4308	169	1	secondly	secondly	ADV
ejge-4308	169	2	,	,	PUNCT
ejge-4308	169	3	we	we	PRON
ejge-4308	169	4	allow	allow	VERB
ejge-4308	169	5	each	each	DET
ejge-4308	169	6	country	country	NOUN
ejge-4308	169	7	to	to	PART
ejge-4308	169	8	only	only	ADV
ejge-4308	169	9	have	have	VERB
ejge-4308	169	10	a	a	DET
ejge-4308	169	11	limited	limited	ADJ
ejge-4308	169	12	number	number	NOUN
ejge-4308	169	13	of	of	ADP
ejge-4308	169	14	episodes	episode	NOUN
ejge-4308	169	15	,	,	PUNCT
ejge-4308	169	16	due	due	ADP
ejge-4308	169	17	to	to	ADP
ejge-4308	169	18	the	the	DET
ejge-4308	169	19	fact	fact	NOUN
ejge-4308	169	20	that	that	SCONJ
ejge-4308	169	21	we	we	PRON
ejge-4308	169	22	rule	rule	VERB
ejge-4308	169	23	out	out	ADP
ejge-4308	169	24	overlapping	overlap	VERB
ejge-4308	169	25	episodes	episode	NOUN
ejge-4308	169	26	and	and	CCONJ
ejge-4308	169	27	by	by	ADP
ejge-4308	169	28	requiring	require	VERB
ejge-4308	169	29	that	that	SCONJ
ejge-4308	169	30	an	an	DET
ejge-4308	169	31	episode	episode	NOUN
ejge-4308	169	32	starts	start	VERB
ejge-4308	169	33	when	when	SCONJ
ejge-4308	169	34	total	total	ADJ
ejge-4308	169	35	debt	debt	NOUN
ejge-4308	169	36	exceeds	exceed	VERB
ejge-4308	169	37	the	the	DET
ejge-4308	169	38	threshold	threshold	NOUN
ejge-4308	169	39	from	from	ADP
ejge-4308	169	40	below	below	ADP
ejge-4308	169	41	.	.	PUNCT
ejge-4308	170	1	when	when	SCONJ
ejge-4308	170	2	calculating	calculate	VERB
ejge-4308	170	3	averages	average	NOUN
ejge-4308	170	4	,	,	PUNCT
ejge-4308	170	5	the	the	DET
ejge-4308	170	6	episodes	episode	NOUN
ejge-4308	170	7	are	be	AUX
ejge-4308	170	8	pooled	pool	VERB
ejge-4308	170	9	together	together	ADV
ejge-4308	170	10	and	and	CCONJ
ejge-4308	170	11	weighted	weight	VERB
ejge-4308	170	12	equally12	equally12	NOUN
ejge-4308	170	13	.	.	PUNCT
ejge-4308	171	1	finally	finally	ADV
ejge-4308	171	2	,	,	PUNCT
ejge-4308	171	3	in	in	ADP
ejge-4308	171	4	contrast	contrast	NOUN
ejge-4308	171	5	to	to	ADP
ejge-4308	171	6	the	the	DET
ejge-4308	171	7	growth	growth	NOUN
ejge-4308	171	8	regressions	regression	NOUN
ejge-4308	171	9	adopted	adopt	VERB
ejge-4308	171	10	in	in	ADP
ejge-4308	171	11	most	most	ADJ
ejge-4308	171	12	other	other	ADJ
ejge-4308	171	13	papers	paper	NOUN
ejge-4308	171	14	,	,	PUNCT
ejge-4308	171	15	our	our	PRON
ejge-4308	171	16	methodology	methodology	NOUN
ejge-4308	171	17	does	do	AUX
ejge-4308	171	18	not	not	PART
ejge-4308	171	19	impose	impose	VERB
ejge-4308	171	20	a	a	DET
ejge-4308	171	21	linear	linear	ADJ
ejge-4308	171	22	relationship	relationship	NOUN
ejge-4308	171	23	between	between	ADP
ejge-4308	171	24	debt	debt	NOUN
ejge-4308	171	25	and	and	CCONJ
ejge-4308	171	26	economic	economic	ADJ
ejge-4308	171	27	growth	growth	NOUN
ejge-4308	171	28	.	.	PUNCT
ejge-4308	172	1	4	4	X
ejge-4308	172	2	.	.	X
ejge-4308	172	3	total	total	ADJ
ejge-4308	172	4	debt	debt	NOUN
ejge-4308	172	5	levels	level	NOUN
ejge-4308	172	6	and	and	CCONJ
ejge-4308	172	7	economic	economic	ADJ
ejge-4308	172	8	growth	growth	NOUN
ejge-4308	172	9	4.1	4.1	NUM
ejge-4308	172	10	.	.	PUNCT
ejge-4308	173	1	short	short	ADJ
ejge-4308	173	2	-	-	PUNCT
ejge-4308	173	3	term	term	NOUN
ejge-4308	173	4	(	(	PUNCT
ejge-4308	173	5	1	1	NUM
ejge-4308	173	6	year	year	NOUN
ejge-4308	173	7	)	)	PUNCT
ejge-4308	173	8	our	our	PRON
ejge-4308	173	9	analysis	analysis	NOUN
ejge-4308	173	10	starts	start	VERB
ejge-4308	173	11	with	with	ADP
ejge-4308	173	12	the	the	DET
ejge-4308	173	13	short	short	ADJ
ejge-4308	173	14	-	-	PUNCT
ejge-4308	173	15	term	term	NOUN
ejge-4308	173	16	relationship	relationship	NOUN
ejge-4308	173	17	between	between	ADP
ejge-4308	173	18	the	the	DET
ejge-4308	173	19	total	total	ADJ
ejge-4308	173	20	debt	debt	NOUN
ejge-4308	173	21	level	level	NOUN
ejge-4308	173	22	and	and	CCONJ
ejge-4308	173	23	economic	economic	ADJ
ejge-4308	173	24	growth	growth	NOUN
ejge-4308	173	25	.	.	PUNCT
ejge-4308	174	1	in	in	ADP
ejge-4308	174	2	figure	figure	NOUN
ejge-4308	174	3	2	2	NUM
ejge-4308	174	4	,	,	PUNCT
ejge-4308	174	5	we	we	PRON
ejge-4308	174	6	present	present	VERB
ejge-4308	174	7	the	the	DET
ejge-4308	174	8	average	average	ADJ
ejge-4308	174	9	real	real	ADJ
ejge-4308	174	10	gdp	gdp	NOUN
ejge-4308	174	11	per	per	ADP
ejge-4308	174	12	capita	capita	NOUN
ejge-4308	174	13	growth	growth	NOUN
ejge-4308	174	14	rate	rate	NOUN
ejge-4308	174	15	in	in	ADP
ejge-4308	174	16	the	the	DET
ejge-4308	174	17	year	year	NOUN
ejge-4308	174	18	after	after	SCONJ
ejge-4308	174	19	the	the	DET
ejge-4308	174	20	total	total	ADJ
ejge-4308	174	21	debt	debt	NOUN
ejge-4308	174	22	level	level	NOUN
ejge-4308	174	23	exceeds	exceed	VERB
ejge-4308	174	24	a	a	DET
ejge-4308	174	25	certain	certain	ADJ
ejge-4308	174	26	threshold	threshold	NOUN
ejge-4308	174	27	,	,	PUNCT
ejge-4308	174	28	i.e.	i.e.	X
ejge-4308	174	29	h=1	h=1	VERB
ejge-4308	174	30	.	.	PUNCT
ejge-4308	175	1	more	more	ADJ
ejge-4308	175	2	11	11	NUM
ejge-4308	175	3	a	a	DET
ejge-4308	175	4	country	country	NOUN
ejge-4308	175	5	episode	episode	NOUN
ejge-4308	175	6	is	be	AUX
ejge-4308	175	7	a	a	DET
ejge-4308	175	8	combination	combination	NOUN
ejge-4308	175	9	of	of	ADP
ejge-4308	175	10	h	h	PROPN
ejge-4308	175	11	consecutive	consecutive	ADJ
ejge-4308	175	12	country	country	NOUN
ejge-4308	175	13	years	year	NOUN
ejge-4308	175	14	(	(	PUNCT
ejge-4308	175	15	cf	cf	NOUN
ejge-4308	175	16	.	.	PUNCT
ejge-4308	176	1	supra	supra	PROPN
ejge-4308	176	2	)	)	PUNCT
ejge-4308	176	3	.	.	PUNCT
ejge-4308	177	1	12	12	NUM
ejge-4308	177	2	the	the	DET
ejge-4308	177	3	methodology	methodology	NOUN
ejge-4308	177	4	adopted	adopt	VERB
ejge-4308	177	5	by	by	ADP
ejge-4308	177	6	reinhart	reinhart	NOUN
ejge-4308	177	7	and	and	CCONJ
ejge-4308	177	8	rogoff	rogoff	NOUN
ejge-4308	177	9	(	(	PUNCT
ejge-4308	177	10	2010	2010	NUM
ejge-4308	177	11	)	)	PUNCT
ejge-4308	177	12	resulted	result	VERB
ejge-4308	177	13	in	in	ADP
ejge-4308	177	14	several	several	ADJ
ejge-4308	177	15	countries	country	NOUN
ejge-4308	177	16	having	have	VERB
ejge-4308	177	17	a	a	DET
ejge-4308	177	18	lot	lot	NOUN
ejge-4308	177	19	more	more	ADJ
ejge-4308	177	20	observations	observation	NOUN
ejge-4308	177	21	than	than	ADP
ejge-4308	177	22	other	other	ADJ
ejge-4308	177	23	countries	country	NOUN
ejge-4308	177	24	.	.	PUNCT
ejge-4308	178	1	alternative	alternative	ADJ
ejge-4308	178	2	weighting	weighting	NOUN
ejge-4308	178	3	methods	method	NOUN
ejge-4308	178	4	can	can	AUX
ejge-4308	178	5	subsequently	subsequently	ADV
ejge-4308	178	6	bring	bring	VERB
ejge-4308	178	7	about	about	ADP
ejge-4308	178	8	significantly	significantly	ADV
ejge-4308	178	9	different	different	ADJ
ejge-4308	178	10	conclusions	conclusion	NOUN
ejge-4308	178	11	.	.	PUNCT
ejge-4308	179	1	vanlaer	vanlaer	NOUN
ejge-4308	179	2	,	,	PUNCT
ejge-4308	179	3	marneffe	marneffe	PROPN
ejge-4308	179	4	,	,	PUNCT
ejge-4308	179	5	vereeck	vereeck	PROPN
ejge-4308	179	6	,	,	PUNCT
ejge-4308	179	7	van	van	PROPN
ejge-4308	179	8	overtveldt	overtveldt	PROPN
ejge-4308	179	9	●	●	X
ejge-4308	179	10	does	do	AUX
ejge-4308	179	11	debt	debt	NOUN
ejge-4308	179	12	predict	predict	VERB
ejge-4308	179	13	growth	growth	NOUN
ejge-4308	179	14	?	?	PUNCT
ejge-4308	180	1	86	86	NUM
ejge-4308	181	1	precisely	precisely	ADV
ejge-4308	181	2	,	,	PUNCT
ejge-4308	181	3	we	we	PRON
ejge-4308	181	4	show	show	VERB
ejge-4308	181	5	a	a	DET
ejge-4308	181	6	scatterplot	scatterplot	NOUN
ejge-4308	181	7	of	of	ADP
ejge-4308	181	8	all	all	DET
ejge-4308	181	9	the	the	DET
ejge-4308	181	10	observations	observation	NOUN
ejge-4308	181	11	,	,	PUNCT
ejge-4308	181	12	plotting	plot	VERB
ejge-4308	181	13	economic	economic	ADJ
ejge-4308	181	14	growth	growth	NOUN
ejge-4308	181	15	against	against	ADP
ejge-4308	181	16	total	total	ADJ
ejge-4308	181	17	debt	debt	NOUN
ejge-4308	181	18	-	-	PUNCT
ejge-4308	181	19	to	to	ADP
ejge-4308	181	20	-	-	PUNCT
ejge-4308	181	21	gdp	gdp	NOUN
ejge-4308	181	22	.	.	PUNCT
ejge-4308	182	1	we	we	PRON
ejge-4308	182	2	also	also	ADV
ejge-4308	182	3	include	include	VERB
ejge-4308	182	4	a	a	DET
ejge-4308	182	5	locally	locally	ADV
ejge-4308	182	6	fitted	fit	VERB
ejge-4308	182	7	regression	regression	NOUN
ejge-4308	182	8	function13	function13	NOUN
ejge-4308	182	9	.	.	PUNCT
ejge-4308	183	1	we	we	PRON
ejge-4308	183	2	can	can	AUX
ejge-4308	183	3	observe	observe	VERB
ejge-4308	183	4	that	that	SCONJ
ejge-4308	183	5	there	there	PRON
ejge-4308	183	6	are	be	VERB
ejge-4308	183	7	countries	country	NOUN
ejge-4308	183	8	with	with	ADP
ejge-4308	183	9	higher	high	ADJ
ejge-4308	183	10	debt	debt	NOUN
ejge-4308	183	11	which	which	PRON
ejge-4308	183	12	experience	experience	VERB
ejge-4308	183	13	sound	sound	ADJ
ejge-4308	183	14	growth	growth	NOUN
ejge-4308	183	15	rates	rate	NOUN
ejge-4308	183	16	.	.	PUNCT
ejge-4308	184	1	reversely	reversely	ADV
ejge-4308	184	2	,	,	PUNCT
ejge-4308	184	3	there	there	PRON
ejge-4308	184	4	are	be	VERB
ejge-4308	184	5	countries	country	NOUN
ejge-4308	184	6	with	with	ADP
ejge-4308	184	7	lower	low	ADJ
ejge-4308	184	8	debt	debt	NOUN
ejge-4308	184	9	levels	level	NOUN
ejge-4308	184	10	and	and	CCONJ
ejge-4308	184	11	that	that	DET
ejge-4308	184	12	display	display	NOUN
ejge-4308	184	13	limited	limit	VERB
ejge-4308	184	14	or	or	CCONJ
ejge-4308	184	15	even	even	ADV
ejge-4308	184	16	negative	negative	ADJ
ejge-4308	184	17	economic	economic	ADJ
ejge-4308	184	18	growth14	growth14	NOUN
ejge-4308	184	19	.	.	PUNCT
ejge-4308	185	1	in	in	ADP
ejge-4308	185	2	general	general	ADJ
ejge-4308	185	3	,	,	PUNCT
ejge-4308	185	4	however	however	ADV
ejge-4308	185	5	,	,	PUNCT
ejge-4308	185	6	a	a	DET
ejge-4308	185	7	higher	high	ADJ
ejge-4308	185	8	level	level	NOUN
ejge-4308	185	9	of	of	ADP
ejge-4308	185	10	debt	debt	NOUN
ejge-4308	185	11	leads	lead	VERB
ejge-4308	185	12	to	to	ADP
ejge-4308	185	13	lower	low	ADJ
ejge-4308	185	14	economic	economic	ADJ
ejge-4308	185	15	growth	growth	NOUN
ejge-4308	185	16	,	,	PUNCT
ejge-4308	185	17	but	but	CCONJ
ejge-4308	185	18	this	this	DET
ejge-4308	185	19	relationship	relationship	NOUN
ejge-4308	185	20	becomes	become	VERB
ejge-4308	185	21	less	less	ADV
ejge-4308	185	22	pronounced	pronounced	ADJ
ejge-4308	185	23	at	at	ADP
ejge-4308	185	24	very	very	ADV
ejge-4308	185	25	high	high	ADJ
ejge-4308	185	26	total	total	ADJ
ejge-4308	185	27	debt	debt	NOUN
ejge-4308	185	28	levels	level	NOUN
ejge-4308	185	29	.	.	PUNCT
ejge-4308	186	1	in	in	ADP
ejge-4308	186	2	addition	addition	NOUN
ejge-4308	186	3	,	,	PUNCT
ejge-4308	186	4	a	a	DET
ejge-4308	186	5	spearman	spearman	NOUN
ejge-4308	186	6	's	's	PART
ejge-4308	186	7	correlation	correlation	NOUN
ejge-4308	186	8	was	be	AUX
ejge-4308	186	9	calculated	calculate	VERB
ejge-4308	186	10	to	to	PART
ejge-4308	186	11	determine	determine	VERB
ejge-4308	186	12	the	the	DET
ejge-4308	186	13	relationship	relationship	NOUN
ejge-4308	186	14	between	between	ADP
ejge-4308	186	15	debt	debt	NOUN
ejge-4308	186	16	and	and	CCONJ
ejge-4308	186	17	growth	growth	NOUN
ejge-4308	186	18	.	.	PUNCT
ejge-4308	187	1	it	it	PRON
ejge-4308	187	2	showed	show	VERB
ejge-4308	187	3	there	there	PRON
ejge-4308	187	4	was	be	VERB
ejge-4308	187	5	moderate	moderate	ADJ
ejge-4308	187	6	,	,	PUNCT
ejge-4308	187	7	negative	negative	ADJ
ejge-4308	187	8	monotonic	monotonic	ADJ
ejge-4308	187	9	correlation	correlation	NOUN
ejge-4308	187	10	between	between	ADP
ejge-4308	187	11	the	the	DET
ejge-4308	187	12	two	two	NUM
ejge-4308	187	13	variables	variable	NOUN
ejge-4308	187	14	(	(	PUNCT
ejge-4308	187	15	ρ	ρ	NOUN
ejge-4308	187	16	=	=	NOUN
ejge-4308	187	17	0.42	0.42	NUM
ejge-4308	187	18	)	)	PUNCT
ejge-4308	187	19	.	.	PUNCT
ejge-4308	188	1	figure	figure	NOUN
ejge-4308	188	2	2	2	NUM
ejge-4308	188	3	total	total	NOUN
ejge-4308	188	4	debt	debt	NOUN
ejge-4308	188	5	and	and	CCONJ
ejge-4308	188	6	short	short	ADJ
ejge-4308	188	7	-	-	PUNCT
ejge-4308	188	8	term	term	NOUN
ejge-4308	188	9	economic	economic	ADJ
ejge-4308	188	10	growth	growth	NOUN
ejge-4308	188	11	4.2	4.2	NUM
ejge-4308	188	12	.	.	PUNCT
ejge-4308	189	1	mediumand	mediumand	VERB
ejge-4308	189	2	longer	long	ADJ
ejge-4308	189	3	-	-	PUNCT
ejge-4308	189	4	term	term	NOUN
ejge-4308	189	5	(	(	PUNCT
ejge-4308	189	6	5	5	NUM
ejge-4308	189	7	,	,	PUNCT
ejge-4308	189	8	10	10	NUM
ejge-4308	189	9	and	and	CCONJ
ejge-4308	189	10	15	15	NUM
ejge-4308	189	11	years	year	NOUN
ejge-4308	189	12	)	)	PUNCT
ejge-4308	189	13	however	however	ADV
ejge-4308	189	14	,	,	PUNCT
ejge-4308	189	15	it	it	PRON
ejge-4308	189	16	would	would	AUX
ejge-4308	189	17	be	be	AUX
ejge-4308	189	18	ill	ill	ADV
ejge-4308	189	19	-	-	PUNCT
ejge-4308	189	20	advised	advise	VERB
ejge-4308	189	21	to	to	PART
ejge-4308	189	22	draw	draw	VERB
ejge-4308	189	23	conclusions	conclusion	NOUN
ejge-4308	189	24	about	about	ADP
ejge-4308	189	25	the	the	DET
ejge-4308	189	26	link	link	NOUN
ejge-4308	189	27	between	between	ADP
ejge-4308	189	28	total	total	ADJ
ejge-4308	189	29	debt	debt	NOUN
ejge-4308	189	30	and	and	CCONJ
ejge-4308	189	31	economic	economic	ADJ
ejge-4308	189	32	growth	growth	NOUN
ejge-4308	189	33	simply	simply	ADV
ejge-4308	189	34	by	by	ADP
ejge-4308	189	35	analysing	analyse	VERB
ejge-4308	189	36	the	the	DET
ejge-4308	189	37	year	year	NOUN
ejge-4308	189	38	after	after	SCONJ
ejge-4308	189	39	a	a	DET
ejge-4308	189	40	particular	particular	ADJ
ejge-4308	189	41	debt	debt	NOUN
ejge-4308	189	42	threshold	threshold	NOUN
ejge-4308	189	43	is	be	AUX
ejge-4308	189	44	exceeded	exceed	VERB
ejge-4308	189	45	.	.	PUNCT
ejge-4308	190	1	the	the	DET
ejge-4308	190	2	reason	reason	NOUN
ejge-4308	190	3	for	for	ADP
ejge-4308	190	4	this	this	PRON
ejge-4308	190	5	is	be	AUX
ejge-4308	190	6	straightforward	straightforward	ADJ
ejge-4308	190	7	;	;	PUNCT
ejge-4308	190	8	instead	instead	ADV
ejge-4308	190	9	of	of	ADP
ejge-4308	190	10	increased	increase	VERB
ejge-4308	190	11	debt	debt	NOUN
ejge-4308	190	12	leading	lead	VERB
ejge-4308	190	13	to	to	ADP
ejge-4308	190	14	lower	low	ADJ
ejge-4308	190	15	growth	growth	NOUN
ejge-4308	190	16	,	,	PUNCT
ejge-4308	190	17	the	the	DET
ejge-4308	190	18	relation	relation	NOUN
ejge-4308	190	19	could	could	AUX
ejge-4308	190	20	run	run	VERB
ejge-4308	190	21	the	the	DET
ejge-4308	190	22	other	other	ADJ
ejge-4308	190	23	way	way	NOUN
ejge-4308	190	24	,	,	PUNCT
ejge-4308	190	25	i.e.	i.e.	X
ejge-4308	190	26	lower	low	ADJ
ejge-4308	190	27	growth	growth	NOUN
ejge-4308	190	28	resulting	result	VERB
ejge-4308	190	29	in	in	ADP
ejge-4308	190	30	higher	high	ADJ
ejge-4308	190	31	debt	debt	NOUN
ejge-4308	190	32	levels	level	NOUN
ejge-4308	190	33	.	.	PUNCT
ejge-4308	191	1	this	this	DET
ejge-4308	191	2	argument	argument	NOUN
ejge-4308	191	3	has	have	AUX
ejge-4308	191	4	been	be	AUX
ejge-4308	191	5	extensively	extensively	ADV
ejge-4308	191	6	discussed	discuss	VERB
ejge-4308	191	7	by	by	ADP
ejge-4308	191	8	critics	critic	NOUN
ejge-4308	191	9	of	of	ADP
ejge-4308	191	10	the	the	DET
ejge-4308	191	11	original	original	ADJ
ejge-4308	191	12	reinhart	reinhart	NOUN
ejge-4308	191	13	and	and	CCONJ
ejge-4308	191	14	rogoff	rogoff	PROPN
ejge-4308	191	15	paper	paper	NOUN
ejge-4308	191	16	(	(	PUNCT
ejge-4308	191	17	2009	2009	NUM
ejge-4308	191	18	)	)	PUNCT
ejge-4308	191	19	(	(	PUNCT
ejge-4308	191	20	see	see	VERB
ejge-4308	191	21	e.g.	e.g.	ADV
ejge-4308	191	22	herndon	herndon	PROPN
ejge-4308	191	23	,	,	PUNCT
ejge-4308	191	24	ash	ash	NOUN
ejge-4308	191	25	and	and	CCONJ
ejge-4308	191	26	pollin	pollin	NOUN
ejge-4308	191	27	,	,	PUNCT
ejge-4308	191	28	2013	2013	NUM
ejge-4308	191	29	and	and	CCONJ
ejge-4308	191	30	pescatori	pescatori	NOUN
ejge-4308	191	31	,	,	PUNCT
ejge-4308	191	32	sandri	sandri	ADJ
ejge-4308	191	33	and	and	CCONJ
ejge-4308	191	34	simon	simon	PROPN
ejge-4308	191	35	,	,	PUNCT
ejge-4308	191	36	2014	2014	NUM
ejge-4308	191	37	)	)	PUNCT
ejge-4308	191	38	.	.	PUNCT
ejge-4308	192	1	when	when	SCONJ
ejge-4308	192	2	growth	growth	NOUN
ejge-4308	192	3	significantly	significantly	ADV
ejge-4308	192	4	slows	slow	VERB
ejge-4308	192	5	down	down	ADP
ejge-4308	192	6	,	,	PUNCT
ejge-4308	192	7	and	and	CCONJ
ejge-4308	192	8	the	the	DET
ejge-4308	192	9	economy	economy	NOUN
ejge-4308	192	10	enters	enter	VERB
ejge-4308	192	11	into	into	ADP
ejge-4308	192	12	a	a	DET
ejge-4308	192	13	recession	recession	NOUN
ejge-4308	192	14	,	,	PUNCT
ejge-4308	192	15	government	government	NOUN
ejge-4308	192	16	revenues	revenue	NOUN
ejge-4308	192	17	decline	decline	VERB
ejge-4308	192	18	,	,	PUNCT
ejge-4308	192	19	e.g.	e.g.	ADV
ejge-4308	192	20	due	due	ADP
ejge-4308	192	21	to	to	ADP
ejge-4308	192	22	a	a	DET
ejge-4308	192	23	fall	fall	NOUN
ejge-4308	192	24	in	in	ADP
ejge-4308	192	25	personal	personal	ADJ
ejge-4308	192	26	taxes	taxis	NOUN
ejge-4308	192	27	and	and	CCONJ
ejge-4308	192	28	income	income	NOUN
ejge-4308	192	29	taxes	taxis	NOUN
ejge-4308	192	30	.	.	PUNCT
ejge-4308	193	1	similarly	similarly	ADV
ejge-4308	193	2	,	,	PUNCT
ejge-4308	193	3	governement	governement	ADJ
ejge-4308	193	4	expenditures	expenditure	NOUN
ejge-4308	193	5	increase	increase	VERB
ejge-4308	193	6	,	,	PUNCT
ejge-4308	193	7	as	as	SCONJ
ejge-4308	193	8	more	more	ADJ
ejge-4308	193	9	people	people	NOUN
ejge-4308	193	10	rely	rely	VERB
ejge-4308	193	11	for	for	ADP
ejge-4308	193	12	instance	instance	NOUN
ejge-4308	193	13	on	on	ADP
ejge-4308	193	14	unemployment	unemployment	NOUN
ejge-4308	193	15	insurance	insurance	NOUN
ejge-4308	193	16	.	.	PUNCT
ejge-4308	194	1	absent	absent	ADJ
ejge-4308	194	2	severe	severe	ADJ
ejge-4308	194	3	cuts	cut	NOUN
ejge-4308	194	4	in	in	ADP
ejge-4308	194	5	spending	spending	NOUN
ejge-4308	194	6	on	on	ADP
ejge-4308	194	7	other	other	ADJ
ejge-4308	194	8	policy	policy	NOUN
ejge-4308	194	9	areas	area	NOUN
ejge-4308	194	10	–	–	PUNCT
ejge-4308	194	11	13	13	NUM
ejge-4308	194	12	the	the	DET
ejge-4308	194	13	locally	locally	ADV
ejge-4308	194	14	smoothed	smooth	VERB
ejge-4308	194	15	regression	regression	NOUN
ejge-4308	194	16	function	function	NOUN
ejge-4308	194	17	is	be	AUX
ejge-4308	194	18	estimated	estimate	VERB
ejge-4308	194	19	with	with	ADP
ejge-4308	194	20	the	the	DET
ejge-4308	194	21	general	general	ADJ
ejge-4308	194	22	additive	additive	ADJ
ejge-4308	194	23	model	model	NOUN
ejge-4308	194	24	with	with	ADP
ejge-4308	194	25	integrated	integrate	VERB
ejge-4308	194	26	smoothness	smoothness	ADJ
ejge-4308	194	27	estimation	estimation	NOUN
ejge-4308	194	28	using	use	VERB
ejge-4308	194	29	the	the	DET
ejge-4308	194	30	gamfit	gamfit	NOUN
ejge-4308	194	31	package	package	NOUN
ejge-4308	194	32	in	in	ADP
ejge-4308	194	33	stata	stata	NOUN
ejge-4308	194	34	.	.	PUNCT
ejge-4308	195	1	14	14	NUM
ejge-4308	195	2	our	our	PRON
ejge-4308	195	3	methodology	methodology	NOUN
ejge-4308	195	4	can	can	AUX
ejge-4308	195	5	produce	produce	VERB
ejge-4308	195	6	multiple	multiple	ADJ
ejge-4308	195	7	observations	observation	NOUN
ejge-4308	195	8	for	for	ADP
ejge-4308	195	9	one	one	NUM
ejge-4308	195	10	country	country	NOUN
ejge-4308	195	11	-	-	PUNCT
ejge-4308	195	12	year	year	NOUN
ejge-4308	195	13	.	.	PUNCT
ejge-4308	196	1	for	for	ADP
ejge-4308	196	2	example	example	NOUN
ejge-4308	196	3	,	,	PUNCT
ejge-4308	196	4	if	if	SCONJ
ejge-4308	196	5	a	a	DET
ejge-4308	196	6	country	country	NOUN
ejge-4308	196	7	’s	’s	PART
ejge-4308	196	8	total	total	ADJ
ejge-4308	196	9	debt	debt	NOUN
ejge-4308	196	10	level	level	NOUN
ejge-4308	196	11	jumps	jump	VERB
ejge-4308	196	12	from	from	ADP
ejge-4308	196	13	100	100	NUM
ejge-4308	196	14	%	%	NOUN
ejge-4308	196	15	to	to	PART
ejge-4308	196	16	115	115	NUM
ejge-4308	196	17	%	%	NOUN
ejge-4308	196	18	in	in	ADP
ejge-4308	196	19	one	one	NUM
ejge-4308	196	20	year	year	NOUN
ejge-4308	196	21	,	,	PUNCT
ejge-4308	196	22	multiple	multiple	ADJ
ejge-4308	196	23	thresholds	threshold	NOUN
ejge-4308	196	24	(	(	PUNCT
ejge-4308	196	25	e.g.	e.g.	ADV
ejge-4308	196	26	102	102	NUM
ejge-4308	196	27	%	%	NOUN
ejge-4308	196	28	,	,	PUNCT
ejge-4308	196	29	104	104	NUM
ejge-4308	196	30	%	%	NOUN
ejge-4308	196	31	,	,	PUNCT
ejge-4308	196	32	106	106	NUM
ejge-4308	196	33	%	%	NOUN
ejge-4308	196	34	,	,	PUNCT
ejge-4308	196	35	etc	etc	X
ejge-4308	196	36	.	.	X
ejge-4308	196	37	)	)	PUNCT
ejge-4308	196	38	will	will	AUX
ejge-4308	196	39	be	be	AUX
ejge-4308	196	40	exceeded	exceed	VERB
ejge-4308	196	41	.	.	PUNCT
ejge-4308	197	1	-1	-1	X
ejge-4308	197	2	0	0	PUNCT
ejge-4308	198	1	-5	-5	PUNCT
ejge-4308	198	2	0	0	NUM
ejge-4308	198	3	5	5	NUM
ejge-4308	198	4	1	1	NUM
ejge-4308	198	5	0	0	NUM
ejge-4308	198	6	r	r	NOUN
ejge-4308	198	7	ea	ea	NOUN
ejge-4308	198	8	l	l	NOUN
ejge-4308	198	9	g	g	PROPN
ejge-4308	199	1	d	d	X
ejge-4308	199	2	p	p	X
ejge-4308	199	3	p	p	X
ejge-4308	199	4	e	e	NOUN
ejge-4308	199	5	r	r	NOUN
ejge-4308	199	6	ca	can	AUX
ejge-4308	199	7	pi	pi	VERB
ejge-4308	199	8	ta	ta	PROPN
ejge-4308	199	9	g	g	PROPN
ejge-4308	199	10	ro	ro	PROPN
ejge-4308	199	11	w	w	X
ejge-4308	199	12	th	th	NOUN
ejge-4308	199	13	r	r	NOUN
ejge-4308	199	14	at	at	ADP
ejge-4308	199	15	e	e	NOUN
ejge-4308	199	16	(	(	PUNCT
ejge-4308	199	17	%	%	NOUN
ejge-4308	199	18	)	)	PUNCT
ejge-4308	199	19	0	0	NUM
ejge-4308	200	1	50	50	NUM
ejge-4308	200	2	100	100	NUM
ejge-4308	200	3	150	150	NUM
ejge-4308	200	4	200	200	NUM
ejge-4308	200	5	250	250	NUM
ejge-4308	200	6	300	300	NUM
ejge-4308	200	7	350	350	NUM
ejge-4308	200	8	400	400	NUM
ejge-4308	200	9	450	450	NUM
ejge-4308	200	10	500	500	NUM
ejge-4308	200	11	total	total	ADJ
ejge-4308	200	12	debt	debt	NOUN
ejge-4308	200	13	to	to	ADP
ejge-4308	200	14	gdp	gdp	NOUN
ejge-4308	200	15	thresholds	threshold	NOUN
ejge-4308	200	16	(	(	PUNCT
ejge-4308	200	17	%	%	INTJ
ejge-4308	200	18	)	)	PUNCT
ejge-4308	200	19	1	1	NUM
ejge-4308	200	20	year	year	NOUN
ejge-4308	200	21	european	european	PROPN
ejge-4308	200	22	journal	journal	PROPN
ejge-4308	200	23	of	of	ADP
ejge-4308	200	24	government	government	NOUN
ejge-4308	200	25	and	and	CCONJ
ejge-4308	200	26	economics	economic	NOUN
ejge-4308	200	27	4(2	4(2	NUM
ejge-4308	200	28	)	)	PUNCT
ejge-4308	200	29	87	87	NUM
ejge-4308	200	30	which	which	PRON
ejge-4308	200	31	would	would	AUX
ejge-4308	200	32	deepen	deepen	VERB
ejge-4308	200	33	the	the	DET
ejge-4308	200	34	recession	recession	NOUN
ejge-4308	200	35	–	–	PUNCT
ejge-4308	200	36	this	this	DET
ejge-4308	200	37	results	result	VERB
ejge-4308	200	38	in	in	ADP
ejge-4308	200	39	a	a	DET
ejge-4308	200	40	larger	large	ADJ
ejge-4308	200	41	budget	budget	NOUN
ejge-4308	200	42	deficit	deficit	NOUN
ejge-4308	200	43	and	and	CCONJ
ejge-4308	200	44	consequently	consequently	ADV
ejge-4308	200	45	a	a	DET
ejge-4308	200	46	higher	high	ADJ
ejge-4308	200	47	level	level	NOUN
ejge-4308	200	48	of	of	ADP
ejge-4308	200	49	government	government	NOUN
ejge-4308	200	50	debt	debt	NOUN
ejge-4308	200	51	.	.	PUNCT
ejge-4308	201	1	correspondingly	correspondingly	ADV
ejge-4308	201	2	,	,	PUNCT
ejge-4308	201	3	job	job	NOUN
ejge-4308	201	4	losses	loss	NOUN
ejge-4308	201	5	caused	cause	VERB
ejge-4308	201	6	by	by	ADP
ejge-4308	201	7	the	the	DET
ejge-4308	201	8	recession	recession	NOUN
ejge-4308	201	9	render	render	VERB
ejge-4308	201	10	households	household	NOUN
ejge-4308	201	11	less	less	ADV
ejge-4308	201	12	able	able	ADJ
ejge-4308	201	13	to	to	PART
ejge-4308	201	14	service	service	VERB
ejge-4308	201	15	their	their	PRON
ejge-4308	201	16	debt	debt	NOUN
ejge-4308	201	17	,	,	PUNCT
ejge-4308	201	18	which	which	PRON
ejge-4308	201	19	in	in	ADP
ejge-4308	201	20	the	the	DET
ejge-4308	201	21	short	short	ADJ
ejge-4308	201	22	run	run	NOUN
ejge-4308	201	23	makes	make	VERB
ejge-4308	201	24	it	it	PRON
ejge-4308	201	25	very	very	ADV
ejge-4308	201	26	hard	hard	ADV
ejge-4308	201	27	to	to	PART
ejge-4308	201	28	deleverage	deleverage	VERB
ejge-4308	201	29	.	.	PUNCT
ejge-4308	202	1	some	some	DET
ejge-4308	202	2	households	household	NOUN
ejge-4308	202	3	will	will	AUX
ejge-4308	202	4	even	even	ADV
ejge-4308	202	5	have	have	VERB
ejge-4308	202	6	to	to	PART
ejge-4308	202	7	take	take	VERB
ejge-4308	202	8	on	on	ADP
ejge-4308	202	9	additional	additional	ADJ
ejge-4308	202	10	loans	loan	NOUN
ejge-4308	202	11	in	in	ADP
ejge-4308	202	12	order	order	NOUN
ejge-4308	202	13	to	to	PART
ejge-4308	202	14	make	make	VERB
ejge-4308	202	15	ends	end	NOUN
ejge-4308	202	16	meet	meet	VERB
ejge-4308	202	17	.	.	PUNCT
ejge-4308	203	1	in	in	ADP
ejge-4308	203	2	summary	summary	NOUN
ejge-4308	203	3	,	,	PUNCT
ejge-4308	203	4	when	when	SCONJ
ejge-4308	203	5	economic	economic	ADJ
ejge-4308	203	6	growth	growth	NOUN
ejge-4308	203	7	slows	slow	VERB
ejge-4308	203	8	down	down	ADP
ejge-4308	203	9	,	,	PUNCT
ejge-4308	203	10	or	or	CCONJ
ejge-4308	203	11	even	even	ADV
ejge-4308	203	12	becomes	become	VERB
ejge-4308	203	13	negative	negative	ADJ
ejge-4308	203	14	,	,	PUNCT
ejge-4308	203	15	the	the	DET
ejge-4308	203	16	debt	debt	NOUN
ejge-4308	203	17	-	-	PUNCT
ejge-4308	203	18	to	to	ADP
ejge-4308	203	19	-	-	PUNCT
ejge-4308	203	20	gdp	gdp	NOUN
ejge-4308	203	21	ratio	ratio	NOUN
ejge-4308	203	22	almost	almost	ADV
ejge-4308	203	23	mechanically	mechanically	ADV
ejge-4308	203	24	increases	increase	NOUN
ejge-4308	203	25	;	;	PUNCT
ejge-4308	203	26	debt	debt	NOUN
ejge-4308	203	27	(	(	PUNCT
ejge-4308	203	28	i.e.	i.e.	X
ejge-4308	203	29	the	the	DET
ejge-4308	203	30	numerator	numerator	NOUN
ejge-4308	203	31	)	)	PUNCT
ejge-4308	203	32	soars	soar	NOUN
ejge-4308	203	33	due	due	ADJ
ejge-4308	203	34	to	to	ADP
ejge-4308	203	35	lower	low	ADJ
ejge-4308	203	36	revenues	revenue	NOUN
ejge-4308	203	37	and	and	CCONJ
ejge-4308	203	38	higher	high	ADJ
ejge-4308	203	39	expenditures	expenditure	NOUN
ejge-4308	203	40	as	as	ADP
ejge-4308	203	41	gdp	gdp	NOUN
ejge-4308	203	42	(	(	PUNCT
ejge-4308	203	43	i.e.	i.e.	X
ejge-4308	203	44	the	the	DET
ejge-4308	203	45	denominator	denominator	NOUN
ejge-4308	203	46	)	)	PUNCT
ejge-4308	203	47	shrinks	shrink	VERB
ejge-4308	203	48	.	.	PUNCT
ejge-4308	204	1	we	we	PRON
ejge-4308	204	2	try	try	VERB
ejge-4308	204	3	to	to	PART
ejge-4308	204	4	eliminate	eliminate	VERB
ejge-4308	204	5	the	the	DET
ejge-4308	204	6	bias	bias	NOUN
ejge-4308	204	7	which	which	PRON
ejge-4308	204	8	potentially	potentially	ADV
ejge-4308	204	9	arises	arise	VERB
ejge-4308	204	10	from	from	ADP
ejge-4308	204	11	reverse	reverse	ADJ
ejge-4308	204	12	causality	causality	NOUN
ejge-4308	204	13	as	as	ADV
ejge-4308	204	14	well	well	ADV
ejge-4308	204	15	as	as	ADP
ejge-4308	204	16	mitigate	mitigate	VERB
ejge-4308	204	17	the	the	DET
ejge-4308	204	18	effects	effect	NOUN
ejge-4308	204	19	of	of	ADP
ejge-4308	204	20	outliers	outlier	NOUN
ejge-4308	204	21	by	by	ADP
ejge-4308	204	22	extending	extend	VERB
ejge-4308	204	23	the	the	DET
ejge-4308	204	24	horizon	horizon	NOUN
ejge-4308	204	25	of	of	ADP
ejge-4308	204	26	our	our	PRON
ejge-4308	204	27	analysis	analysis	NOUN
ejge-4308	204	28	.	.	PUNCT
ejge-4308	205	1	if	if	SCONJ
ejge-4308	205	2	high	high	ADJ
ejge-4308	205	3	levels	level	NOUN
ejge-4308	205	4	of	of	ADP
ejge-4308	205	5	total	total	ADJ
ejge-4308	205	6	debt	debt	NOUN
ejge-4308	205	7	in	in	ADP
ejge-4308	205	8	an	an	DET
ejge-4308	205	9	economy	economy	NOUN
ejge-4308	205	10	significantly	significantly	ADV
ejge-4308	205	11	hold	hold	VERB
ejge-4308	205	12	back	back	ADP
ejge-4308	205	13	growth	growth	NOUN
ejge-4308	205	14	over	over	ADP
ejge-4308	205	15	the	the	DET
ejge-4308	205	16	medium	medium	NOUN
ejge-4308	205	17	to	to	ADP
ejge-4308	205	18	long	long	ADJ
ejge-4308	205	19	term	term	NOUN
ejge-4308	205	20	,	,	PUNCT
ejge-4308	205	21	we	we	PRON
ejge-4308	205	22	would	would	AUX
ejge-4308	205	23	foresee	foresee	VERB
ejge-4308	205	24	that	that	SCONJ
ejge-4308	205	25	growth	growth	NOUN
ejge-4308	205	26	is	be	AUX
ejge-4308	205	27	not	not	PART
ejge-4308	205	28	only	only	ADV
ejge-4308	205	29	supressed	supresse	VERB
ejge-4308	205	30	in	in	ADP
ejge-4308	205	31	the	the	DET
ejge-4308	205	32	first	first	ADJ
ejge-4308	205	33	year	year	NOUN
ejge-4308	205	34	that	that	PRON
ejge-4308	205	35	debt	debt	NOUN
ejge-4308	205	36	surpasses	surpass	VERB
ejge-4308	205	37	the	the	DET
ejge-4308	205	38	threshold	threshold	NOUN
ejge-4308	205	39	,	,	PUNCT
ejge-4308	205	40	but	but	CCONJ
ejge-4308	205	41	also	also	ADV
ejge-4308	205	42	in	in	ADP
ejge-4308	205	43	the	the	DET
ejge-4308	205	44	ensuing	ensue	VERB
ejge-4308	205	45	years	year	NOUN
ejge-4308	205	46	.	.	PUNCT
ejge-4308	206	1	figure	figure	NOUN
ejge-4308	206	2	3	3	NUM
ejge-4308	206	3	shows	show	VERB
ejge-4308	206	4	economic	economic	ADJ
ejge-4308	206	5	growth	growth	NOUN
ejge-4308	206	6	over	over	ADP
ejge-4308	206	7	5	5	NUM
ejge-4308	206	8	,	,	PUNCT
ejge-4308	206	9	10	10	NUM
ejge-4308	206	10	and	and	CCONJ
ejge-4308	206	11	15	15	NUM
ejge-4308	206	12	years	year	NOUN
ejge-4308	206	13	respectively	respectively	ADV
ejge-4308	206	14	after	after	SCONJ
ejge-4308	206	15	a	a	DET
ejge-4308	206	16	certain	certain	ADJ
ejge-4308	206	17	debt	debt	NOUN
ejge-4308	206	18	threshold	threshold	NOUN
ejge-4308	206	19	has	have	AUX
ejge-4308	206	20	been	be	AUX
ejge-4308	206	21	reached15	reached15	NOUN
ejge-4308	206	22	.	.	PUNCT
ejge-4308	207	1	to	to	PART
ejge-4308	207	2	complete	complete	VERB
ejge-4308	207	3	the	the	DET
ejge-4308	207	4	picture	picture	NOUN
ejge-4308	207	5	,	,	PUNCT
ejge-4308	207	6	we	we	PRON
ejge-4308	207	7	have	have	AUX
ejge-4308	207	8	added	add	VERB
ejge-4308	207	9	the	the	DET
ejge-4308	207	10	results	result	NOUN
ejge-4308	207	11	from	from	ADP
ejge-4308	207	12	our	our	PRON
ejge-4308	207	13	previous	previous	ADJ
ejge-4308	207	14	analysis	analysis	NOUN
ejge-4308	207	15	,	,	PUNCT
ejge-4308	207	16	i.e.	i.e.	X
ejge-4308	207	17	short	short	ADJ
ejge-4308	207	18	-	-	PUNCT
ejge-4308	207	19	term	term	NOUN
ejge-4308	207	20	growth	growth	NOUN
ejge-4308	207	21	.	.	PUNCT
ejge-4308	208	1	when	when	SCONJ
ejge-4308	208	2	looking	look	VERB
ejge-4308	208	3	at	at	ADP
ejge-4308	208	4	economic	economic	ADJ
ejge-4308	208	5	growth	growth	NOUN
ejge-4308	208	6	over	over	ADP
ejge-4308	208	7	a	a	DET
ejge-4308	208	8	5	5	NUM
ejge-4308	208	9	-	-	PUNCT
ejge-4308	208	10	year	year	NOUN
ejge-4308	208	11	horizon	horizon	NOUN
ejge-4308	208	12	,	,	PUNCT
ejge-4308	208	13	the	the	DET
ejge-4308	208	14	result	result	NOUN
ejge-4308	208	15	of	of	ADP
ejge-4308	208	16	our	our	PRON
ejge-4308	208	17	previous	previous	ADJ
ejge-4308	208	18	analysis	analysis	NOUN
ejge-4308	208	19	is	be	AUX
ejge-4308	208	20	confirmed	confirm	VERB
ejge-4308	208	21	;	;	PUNCT
ejge-4308	208	22	more	more	ADJ
ejge-4308	208	23	debt	debt	NOUN
ejge-4308	208	24	results	result	NOUN
ejge-4308	208	25	in	in	ADP
ejge-4308	208	26	lower	low	ADJ
ejge-4308	208	27	growth	growth	NOUN
ejge-4308	208	28	.	.	PUNCT
ejge-4308	209	1	although	although	SCONJ
ejge-4308	209	2	growth	growth	NOUN
ejge-4308	209	3	performance	performance	NOUN
ejge-4308	209	4	improves	improve	VERB
ejge-4308	209	5	noticably	noticably	ADV
ejge-4308	209	6	in	in	ADP
ejge-4308	209	7	the	the	DET
ejge-4308	209	8	longer	long	ADJ
ejge-4308	209	9	run	run	NOUN
ejge-4308	209	10	,	,	PUNCT
ejge-4308	209	11	higher	high	ADJ
ejge-4308	209	12	debt	debt	NOUN
ejge-4308	209	13	levels	level	NOUN
ejge-4308	209	14	are	be	AUX
ejge-4308	209	15	still	still	ADV
ejge-4308	209	16	related	relate	VERB
ejge-4308	209	17	to	to	ADP
ejge-4308	209	18	a	a	DET
ejge-4308	209	19	lower	low	ADJ
ejge-4308	209	20	growth	growth	NOUN
ejge-4308	209	21	rate	rate	NOUN
ejge-4308	209	22	.	.	PUNCT
ejge-4308	210	1	this	this	PRON
ejge-4308	210	2	is	be	AUX
ejge-4308	210	3	confirmed	confirm	VERB
ejge-4308	210	4	by	by	ADP
ejge-4308	210	5	spearman	spearman	NOUN
ejge-4308	210	6	’s	’s	PART
ejge-4308	210	7	rank	rank	NOUN
ejge-4308	210	8	correlation	correlation	NOUN
ejge-4308	210	9	coefficient	coefficient	NOUN
ejge-4308	210	10	,	,	PUNCT
ejge-4308	210	11	which	which	PRON
ejge-4308	210	12	declines	decline	VERB
ejge-4308	210	13	from	from	ADP
ejge-4308	210	14	-0.45	-0.45	NUM
ejge-4308	210	15	for	for	ADP
ejge-4308	210	16	5	5	NUM
ejge-4308	210	17	-	-	PUNCT
ejge-4308	210	18	year	year	NOUN
ejge-4308	210	19	growth	growth	NOUN
ejge-4308	210	20	to	to	ADP
ejge-4308	210	21	-0.20	-0.20	NUM
ejge-4308	210	22	for	for	ADP
ejge-4308	210	23	growth	growth	NOUN
ejge-4308	210	24	over	over	ADP
ejge-4308	210	25	a	a	DET
ejge-4308	210	26	15	15	NUM
ejge-4308	210	27	-	-	PUNCT
ejge-4308	210	28	year	year	NOUN
ejge-4308	210	29	horizon	horizon	NOUN
ejge-4308	210	30	,	,	PUNCT
ejge-4308	210	31	which	which	PRON
ejge-4308	210	32	is	be	AUX
ejge-4308	210	33	a	a	DET
ejge-4308	210	34	rather	rather	ADV
ejge-4308	210	35	weak	weak	ADJ
ejge-4308	210	36	correlation	correlation	NOUN
ejge-4308	210	37	.	.	PUNCT
ejge-4308	211	1	additionally	additionally	ADV
ejge-4308	211	2	,	,	PUNCT
ejge-4308	211	3	we	we	PRON
ejge-4308	211	4	compared	compare	VERB
ejge-4308	211	5	the	the	DET
ejge-4308	211	6	regression	regression	NOUN
ejge-4308	211	7	coefficients	coefficient	NOUN
ejge-4308	211	8	among	among	ADP
ejge-4308	211	9	these	these	DET
ejge-4308	211	10	four	four	NUM
ejge-4308	211	11	groups	group	NOUN
ejge-4308	211	12	to	to	PART
ejge-4308	211	13	test	test	VERB
ejge-4308	211	14	the	the	DET
ejge-4308	211	15	null	null	ADJ
ejge-4308	211	16	hypothesis	hypothesis	NOUN
ejge-4308	211	17	:	:	PUNCT
ejge-4308	211	18	h0	h0	NOUN
ejge-4308	211	19	:	:	PUNCT
ejge-4308	211	20	b1	b1	NOUN
ejge-4308	211	21	=	=	SYM
ejge-4308	211	22	b2	b2	NOUN
ejge-4308	211	23	=	=	SYM
ejge-4308	211	24	b3	b3	PROPN
ejge-4308	211	25	=	=	SYM
ejge-4308	211	26	b4	b4	NOUN
ejge-4308	211	27	where	where	SCONJ
ejge-4308	211	28	b1	b1	NOUN
ejge-4308	211	29	is	be	AUX
ejge-4308	211	30	the	the	DET
ejge-4308	211	31	regression	regression	NOUN
ejge-4308	211	32	for	for	ADP
ejge-4308	211	33	1	1	NUM
ejge-4308	211	34	-	-	PUNCT
ejge-4308	211	35	year	year	NOUN
ejge-4308	211	36	growth	growth	NOUN
ejge-4308	211	37	,	,	PUNCT
ejge-4308	211	38	b2	b2	NOUN
ejge-4308	211	39	for	for	ADP
ejge-4308	211	40	5	5	NUM
ejge-4308	211	41	-	-	PUNCT
ejge-4308	211	42	year	year	NOUN
ejge-4308	211	43	growth	growth	NOUN
ejge-4308	211	44	,	,	PUNCT
ejge-4308	211	45	b3	b3	PROPN
ejge-4308	211	46	for	for	ADP
ejge-4308	211	47	10	10	NUM
ejge-4308	211	48	-	-	PUNCT
ejge-4308	211	49	year	year	NOUN
ejge-4308	211	50	growth	growth	NOUN
ejge-4308	211	51	,	,	PUNCT
ejge-4308	211	52	and	and	CCONJ
ejge-4308	211	53	b4	b4	VERB
ejge-4308	211	54	for	for	ADP
ejge-4308	211	55	15	15	NUM
ejge-4308	211	56	-	-	PUNCT
ejge-4308	211	57	year	year	NOUN
ejge-4308	211	58	growth	growth	NOUN
ejge-4308	211	59	.	.	PUNCT
ejge-4308	212	1	our	our	PRON
ejge-4308	212	2	analysis	analysis	NOUN
ejge-4308	212	3	reveals	reveal	VERB
ejge-4308	212	4	that	that	SCONJ
ejge-4308	212	5	the	the	DET
ejge-4308	212	6	null	null	ADJ
ejge-4308	212	7	hypothesis	hypothesis	NOUN
ejge-4308	212	8	can	can	AUX
ejge-4308	212	9	be	be	AUX
ejge-4308	212	10	rejected	reject	VERB
ejge-4308	212	11	(	(	PUNCT
ejge-4308	212	12	f=105.07	f=105.07	ADJ
ejge-4308	212	13	,	,	PUNCT
ejge-4308	212	14	p	p	NOUN
ejge-4308	212	15	=	=	NOUN
ejge-4308	212	16	0.0000	0.0000	NUM
ejge-4308	212	17	)	)	PUNCT
ejge-4308	212	18	.	.	PUNCT
ejge-4308	213	1	this	this	PRON
ejge-4308	213	2	means	mean	VERB
ejge-4308	213	3	that	that	SCONJ
ejge-4308	213	4	the	the	DET
ejge-4308	213	5	regression	regression	NOUN
ejge-4308	213	6	coefficients	coefficient	VERB
ejge-4308	213	7	between	between	ADP
ejge-4308	213	8	debt	debt	NOUN
ejge-4308	213	9	and	and	CCONJ
ejge-4308	213	10	growth	growth	NOUN
ejge-4308	213	11	do	do	AUX
ejge-4308	213	12	significantly	significantly	ADV
ejge-4308	213	13	differ	differ	VERB
ejge-4308	213	14	across	across	ADP
ejge-4308	213	15	the	the	DET
ejge-4308	213	16	4	4	NUM
ejge-4308	213	17	groups	group	NOUN
ejge-4308	213	18	(	(	PUNCT
ejge-4308	213	19	1	1	NUM
ejge-4308	213	20	year	year	NOUN
ejge-4308	213	21	,	,	PUNCT
ejge-4308	213	22	5	5	NUM
ejge-4308	213	23	year	year	NOUN
ejge-4308	213	24	,	,	PUNCT
ejge-4308	213	25	10	10	NUM
ejge-4308	213	26	year	year	NOUN
ejge-4308	213	27	,	,	PUNCT
ejge-4308	213	28	15	15	NUM
ejge-4308	213	29	year	year	NOUN
ejge-4308	213	30	)	)	PUNCT
ejge-4308	213	31	.	.	PUNCT
ejge-4308	214	1	we	we	PRON
ejge-4308	214	2	also	also	ADV
ejge-4308	214	3	tested	test	VERB
ejge-4308	214	4	the	the	DET
ejge-4308	214	5	regression	regression	NOUN
ejge-4308	214	6	coefficients	coefficient	NOUN
ejge-4308	214	7	between	between	ADP
ejge-4308	214	8	two	two	NUM
ejge-4308	214	9	groups	group	NOUN
ejge-4308	214	10	pairwise	pairwise	NOUN
ejge-4308	214	11	(	(	PUNCT
ejge-4308	214	12	e.g.	e.g.	ADV
ejge-4308	214	13	comparing	compare	VERB
ejge-4308	214	14	10	10	NUM
ejge-4308	214	15	-	-	PUNCT
ejge-4308	214	16	year	year	NOUN
ejge-4308	214	17	growth	growth	NOUN
ejge-4308	214	18	with	with	ADP
ejge-4308	214	19	15	15	NUM
ejge-4308	214	20	-	-	PUNCT
ejge-4308	214	21	year	year	NOUN
ejge-4308	214	22	growth	growth	NOUN
ejge-4308	214	23	)	)	PUNCT
ejge-4308	214	24	.	.	PUNCT
ejge-4308	215	1	all	all	DET
ejge-4308	215	2	regression	regression	NOUN
ejge-4308	215	3	coefficients	coefficient	NOUN
ejge-4308	215	4	significantly	significantly	ADV
ejge-4308	215	5	differ	differ	VERB
ejge-4308	215	6	from	from	ADP
ejge-4308	215	7	each	each	DET
ejge-4308	215	8	other	other	ADJ
ejge-4308	215	9	(	(	PUNCT
ejge-4308	215	10	p	p	X
ejge-4308	215	11	=	=	NOUN
ejge-4308	215	12	0.0000	0.0000	NUM
ejge-4308	215	13	)	)	PUNCT
ejge-4308	215	14	.	.	PUNCT
ejge-4308	216	1	figure	figure	VERB
ejge-4308	216	2	3	3	NUM
ejge-4308	216	3	total	total	NOUN
ejge-4308	216	4	debt	debt	NOUN
ejge-4308	216	5	and	and	CCONJ
ejge-4308	216	6	mediumto	mediumto	ADJ
ejge-4308	216	7	long	long	ADJ
ejge-4308	216	8	-	-	PUNCT
ejge-4308	216	9	term	term	NOUN
ejge-4308	216	10	economic	economic	ADJ
ejge-4308	216	11	growth	growth	NOUN
ejge-4308	216	12	as	as	ADP
ejge-4308	216	13	a	a	DET
ejge-4308	216	14	robustness	robustness	NOUN
ejge-4308	216	15	test	test	NOUN
ejge-4308	216	16	,	,	PUNCT
ejge-4308	216	17	we	we	PRON
ejge-4308	216	18	have	have	AUX
ejge-4308	216	19	rerun	rerun	VERB
ejge-4308	216	20	our	our	PRON
ejge-4308	216	21	analysis	analysis	NOUN
ejge-4308	216	22	on	on	ADP
ejge-4308	216	23	a	a	DET
ejge-4308	216	24	homogenous	homogenous	ADJ
ejge-4308	216	25	set	set	NOUN
ejge-4308	216	26	of	of	ADP
ejge-4308	216	27	data	datum	NOUN
ejge-4308	216	28	.	.	PUNCT
ejge-4308	217	1	whereas	whereas	SCONJ
ejge-4308	217	2	we	we	PRON
ejge-4308	217	3	varied	vary	VERB
ejge-4308	217	4	our	our	PRON
ejge-4308	217	5	exclusion	exclusion	NOUN
ejge-4308	217	6	window	window	NOUN
ejge-4308	217	7	in	in	ADP
ejge-4308	217	8	figure	figure	NOUN
ejge-4308	217	9	3	3	NUM
ejge-4308	217	10	in	in	ADP
ejge-4308	217	11	correspondence	correspondence	NOUN
ejge-4308	217	12	with	with	ADP
ejge-4308	217	13	the	the	DET
ejge-4308	217	14	period	period	NOUN
ejge-4308	217	15	over	over	ADP
ejge-4308	217	16	which	which	PRON
ejge-4308	217	17	we	we	PRON
ejge-4308	217	18	calculate	calculate	VERB
ejge-4308	217	19	the	the	DET
ejge-4308	217	20	average	average	ADJ
ejge-4308	217	21	growth	growth	NOUN
ejge-4308	217	22	rate	rate	NOUN
ejge-4308	217	23	(	(	PUNCT
ejge-4308	217	24	e.g.	e.g.	ADV
ejge-4308	217	25	the	the	DET
ejge-4308	217	26	exclusion	exclusion	NOUN
ejge-4308	217	27	window	window	NOUN
ejge-4308	217	28	for	for	ADP
ejge-4308	217	29	h=1is	h=1is	NUM
ejge-4308	217	30	2012	2012	NUM
ejge-4308	217	31	and	and	CCONJ
ejge-4308	217	32	for	for	ADP
ejge-4308	217	33	h=15	h=15	PRON
ejge-4308	217	34	is	be	AUX
ejge-4308	217	35	1998	1998	NUM
ejge-4308	217	36	)	)	PUNCT
ejge-4308	217	37	,	,	PUNCT
ejge-4308	217	38	in	in	ADP
ejge-4308	217	39	figure	figure	NOUN
ejge-4308	217	40	4	4	NUM
ejge-4308	217	41	the	the	DET
ejge-4308	217	42	exclusion	exclusion	NOUN
ejge-4308	217	43	window	window	NOUN
ejge-4308	217	44	is	be	AUX
ejge-4308	217	45	the	the	DET
ejge-4308	217	46	same	same	ADJ
ejge-4308	217	47	for	for	ADP
ejge-4308	217	48	each	each	DET
ejge-4308	217	49	curve	curve	NOUN
ejge-4308	217	50	,	,	PUNCT
ejge-4308	217	51	i.e.	i.e.	X
ejge-4308	217	52	1998	1998	NUM
ejge-4308	217	53	.	.	PUNCT
ejge-4308	218	1	in	in	ADP
ejge-4308	218	2	other	other	ADJ
ejge-4308	218	3	words	word	NOUN
ejge-4308	218	4	,	,	PUNCT
ejge-4308	218	5	each	each	PRON
ejge-4308	218	6	of	of	ADP
ejge-4308	218	7	the	the	DET
ejge-4308	218	8	four	four	NUM
ejge-4308	218	9	graphs	graph	NOUN
ejge-4308	218	10	looks	look	VERB
ejge-4308	218	11	at	at	ADP
ejge-4308	218	12	the	the	DET
ejge-4308	218	13	exact	exact	ADJ
ejge-4308	218	14	same	same	ADJ
ejge-4308	218	15	debt	debt	NOUN
ejge-4308	218	16	episodes	episode	NOUN
ejge-4308	218	17	;	;	PUNCT
ejge-4308	218	18	only	only	ADV
ejge-4308	218	19	the	the	DET
ejge-4308	218	20	period	period	NOUN
ejge-4308	218	21	over	over	ADP
ejge-4308	218	22	which	which	PRON
ejge-4308	218	23	economic	economic	ADJ
ejge-4308	218	24	growth	growth	NOUN
ejge-4308	218	25	is	be	AUX
ejge-4308	218	26	averaged	average	VERB
ejge-4308	218	27	,	,	PUNCT
ejge-4308	218	28	15	15	NUM
ejge-4308	218	29	the	the	DET
ejge-4308	218	30	exclusion	exclusion	NOUN
ejge-4308	218	31	window	window	NOUN
ejge-4308	218	32	for	for	ADP
ejge-4308	218	33	the	the	DET
ejge-4308	218	34	different	different	ADJ
ejge-4308	218	35	horizons	horizon	NOUN
ejge-4308	218	36	depends	depend	VERB
ejge-4308	218	37	on	on	ADP
ejge-4308	218	38	the	the	DET
ejge-4308	218	39	level	level	NOUN
ejge-4308	218	40	of	of	ADP
ejge-4308	218	41	h	h	NOUN
ejge-4308	218	42	,	,	PUNCT
ejge-4308	218	43	i.e.	i.e.	X
ejge-4308	218	44	for	for	ADP
ejge-4308	218	45	h=1/5/10/15	h=1/5/10/15	NOUN
ejge-4308	218	46	we	we	PRON
ejge-4308	218	47	look	look	VERB
ejge-4308	218	48	at	at	ADP
ejge-4308	218	49	episodes	episode	NOUN
ejge-4308	218	50	until	until	ADP
ejge-4308	218	51	2012/2007/2002/1997	2012/2007/2002/1997	NUM
ejge-4308	218	52	.	.	PUNCT
ejge-4308	219	1	-1	-1	X
ejge-4308	219	2	0	0	NUM
ejge-4308	220	1	-5	-5	PUNCT
ejge-4308	220	2	0	0	NUM
ejge-4308	221	1	5	5	NUM
ejge-4308	221	2	1	1	NUM
ejge-4308	221	3	0	0	NUM
ejge-4308	221	4	r	r	NOUN
ejge-4308	221	5	e	e	NOUN
ejge-4308	221	6	al	al	PROPN
ejge-4308	221	7	g	g	PROPN
ejge-4308	221	8	d	d	PROPN
ejge-4308	221	9	p	p	X
ejge-4308	221	10	p	p	X
ejge-4308	221	11	e	e	NOUN
ejge-4308	221	12	r	r	NOUN
ejge-4308	221	13	ca	can	AUX
ejge-4308	221	14	pi	pi	VERB
ejge-4308	221	15	ta	ta	PROPN
ejge-4308	221	16	g	g	PROPN
ejge-4308	221	17	ro	ro	PROPN
ejge-4308	221	18	w	w	X
ejge-4308	221	19	th	th	X
ejge-4308	221	20	r	r	NOUN
ejge-4308	221	21	a	a	DET
ejge-4308	221	22	te	te	PROPN
ejge-4308	221	23	(	(	PUNCT
ejge-4308	221	24	%	%	NOUN
ejge-4308	221	25	)	)	PUNCT
ejge-4308	221	26	0	0	NUM
ejge-4308	221	27	100	100	NUM
ejge-4308	221	28	200	200	NUM
ejge-4308	221	29	300	300	NUM
ejge-4308	221	30	400	400	NUM
ejge-4308	221	31	500	500	NUM
ejge-4308	221	32	total	total	ADJ
ejge-4308	221	33	debt	debt	NOUN
ejge-4308	221	34	to	to	ADP
ejge-4308	221	35	gdp	gdp	NOUN
ejge-4308	221	36	thresholds	threshold	NOUN
ejge-4308	221	37	(	(	PUNCT
ejge-4308	221	38	%	%	INTJ
ejge-4308	221	39	)	)	PUNCT
ejge-4308	221	40	1	1	NUM
ejge-4308	221	41	year	year	NOUN
ejge-4308	221	42	-1	-1	NOUN
ejge-4308	221	43	0	0	NUM
ejge-4308	222	1	-5	-5	PUNCT
ejge-4308	222	2	0	0	NUM
ejge-4308	222	3	5	5	NUM
ejge-4308	222	4	1	1	NUM
ejge-4308	222	5	0	0	NUM
ejge-4308	222	6	r	r	NOUN
ejge-4308	222	7	e	e	NOUN
ejge-4308	222	8	al	al	PROPN
ejge-4308	222	9	g	g	PROPN
ejge-4308	223	1	d	d	PROPN
ejge-4308	223	2	p	p	X
ejge-4308	223	3	p	p	X
ejge-4308	223	4	e	e	NOUN
ejge-4308	223	5	r	r	NOUN
ejge-4308	223	6	ca	can	AUX
ejge-4308	223	7	pi	pi	VERB
ejge-4308	223	8	ta	ta	PROPN
ejge-4308	223	9	g	g	PROPN
ejge-4308	223	10	ro	ro	PROPN
ejge-4308	223	11	w	w	X
ejge-4308	223	12	th	th	X
ejge-4308	223	13	r	r	NOUN
ejge-4308	223	14	a	a	DET
ejge-4308	223	15	te	te	PROPN
ejge-4308	223	16	(	(	PUNCT
ejge-4308	223	17	%	%	NOUN
ejge-4308	223	18	)	)	PUNCT
ejge-4308	223	19	0	0	NUM
ejge-4308	223	20	100	100	NUM
ejge-4308	223	21	200	200	NUM
ejge-4308	223	22	300	300	NUM
ejge-4308	223	23	400	400	NUM
ejge-4308	223	24	total	total	ADJ
ejge-4308	223	25	debt	debt	NOUN
ejge-4308	223	26	to	to	ADP
ejge-4308	223	27	gdp	gdp	NOUN
ejge-4308	223	28	thresholds	threshold	NOUN
ejge-4308	223	29	(	(	PUNCT
ejge-4308	223	30	%	%	INTJ
ejge-4308	223	31	)	)	PUNCT
ejge-4308	223	32	5	5	NUM
ejge-4308	223	33	year	year	NOUN
ejge-4308	223	34	-1	-1	NOUN
ejge-4308	223	35	0	0	NUM
ejge-4308	224	1	-5	-5	PUNCT
ejge-4308	224	2	0	0	NUM
ejge-4308	224	3	5	5	NUM
ejge-4308	224	4	1	1	NUM
ejge-4308	224	5	0	0	NUM
ejge-4308	224	6	r	r	NOUN
ejge-4308	224	7	e	e	NOUN
ejge-4308	224	8	al	al	PROPN
ejge-4308	224	9	g	g	PROPN
ejge-4308	225	1	d	d	PROPN
ejge-4308	225	2	p	p	X
ejge-4308	225	3	p	p	X
ejge-4308	225	4	e	e	NOUN
ejge-4308	225	5	r	r	NOUN
ejge-4308	225	6	ca	can	AUX
ejge-4308	225	7	pi	pi	VERB
ejge-4308	225	8	ta	ta	PROPN
ejge-4308	225	9	g	g	PROPN
ejge-4308	225	10	ro	ro	PROPN
ejge-4308	225	11	w	w	X
ejge-4308	225	12	th	th	X
ejge-4308	225	13	r	r	NOUN
ejge-4308	225	14	a	a	DET
ejge-4308	225	15	te	te	PROPN
ejge-4308	225	16	(	(	PUNCT
ejge-4308	225	17	%	%	NOUN
ejge-4308	225	18	)	)	PUNCT
ejge-4308	225	19	0	0	NUM
ejge-4308	225	20	100	100	NUM
ejge-4308	225	21	200	200	NUM
ejge-4308	225	22	300	300	NUM
ejge-4308	225	23	400	400	NUM
ejge-4308	225	24	total	total	ADJ
ejge-4308	225	25	debt	debt	NOUN
ejge-4308	225	26	to	to	ADP
ejge-4308	225	27	gdp	gdp	NOUN
ejge-4308	225	28	thresholds	threshold	NOUN
ejge-4308	225	29	(	(	PUNCT
ejge-4308	225	30	%	%	INTJ
ejge-4308	225	31	)	)	PUNCT
ejge-4308	225	32	10	10	NUM
ejge-4308	225	33	year	year	NOUN
ejge-4308	225	34	-1	-1	NOUN
ejge-4308	225	35	0	0	NUM
ejge-4308	226	1	-5	-5	PUNCT
ejge-4308	226	2	0	0	NUM
ejge-4308	226	3	5	5	NUM
ejge-4308	226	4	1	1	NUM
ejge-4308	226	5	0	0	NUM
ejge-4308	226	6	r	r	NOUN
ejge-4308	226	7	e	e	NOUN
ejge-4308	226	8	al	al	PROPN
ejge-4308	226	9	g	g	PROPN
ejge-4308	227	1	d	d	PROPN
ejge-4308	227	2	p	p	X
ejge-4308	227	3	p	p	X
ejge-4308	227	4	e	e	NOUN
ejge-4308	227	5	r	r	NOUN
ejge-4308	227	6	ca	can	AUX
ejge-4308	227	7	pi	pi	VERB
ejge-4308	227	8	ta	ta	PROPN
ejge-4308	227	9	g	g	PROPN
ejge-4308	227	10	ro	ro	PROPN
ejge-4308	227	11	w	w	X
ejge-4308	227	12	th	th	X
ejge-4308	227	13	r	r	NOUN
ejge-4308	227	14	a	a	DET
ejge-4308	227	15	te	te	PROPN
ejge-4308	227	16	(	(	PUNCT
ejge-4308	227	17	%	%	NOUN
ejge-4308	227	18	)	)	PUNCT
ejge-4308	227	19	0	0	NUM
ejge-4308	227	20	100	100	NUM
ejge-4308	227	21	200	200	NUM
ejge-4308	227	22	300	300	NUM
ejge-4308	227	23	total	total	ADJ
ejge-4308	227	24	debt	debt	NOUN
ejge-4308	227	25	to	to	ADP
ejge-4308	227	26	gdp	gdp	NOUN
ejge-4308	227	27	thresholds	threshold	NOUN
ejge-4308	227	28	(	(	PUNCT
ejge-4308	227	29	%	%	INTJ
ejge-4308	227	30	)	)	PUNCT
ejge-4308	227	31	15	15	NUM
ejge-4308	227	32	year	year	NOUN
ejge-4308	227	33	vanlaer	vanlaer	NOUN
ejge-4308	227	34	,	,	PUNCT
ejge-4308	227	35	marneffe	marneffe	PROPN
ejge-4308	227	36	,	,	PUNCT
ejge-4308	227	37	vereeck	vereeck	PROPN
ejge-4308	227	38	,	,	PUNCT
ejge-4308	227	39	van	van	PROPN
ejge-4308	227	40	overtveldt	overtveldt	PROPN
ejge-4308	227	41	●	●	X
ejge-4308	227	42	does	do	AUX
ejge-4308	227	43	debt	debt	NOUN
ejge-4308	227	44	predict	predict	VERB
ejge-4308	227	45	growth	growth	NOUN
ejge-4308	227	46	?	?	PUNCT
ejge-4308	228	1	88	88	NUM
ejge-4308	228	2	varies	varie	NOUN
ejge-4308	228	3	.	.	PUNCT
ejge-4308	229	1	the	the	DET
ejge-4308	229	2	results	result	NOUN
ejge-4308	229	3	are	be	AUX
ejge-4308	229	4	strikingly	strikingly	ADV
ejge-4308	229	5	similar	similar	ADJ
ejge-4308	229	6	,	,	PUNCT
ejge-4308	229	7	with	with	ADP
ejge-4308	229	8	spearman	spearman	NOUN
ejge-4308	229	9	’s	’s	PART
ejge-4308	229	10	rank	rank	NOUN
ejge-4308	229	11	correlation	correlation	NOUN
ejge-4308	229	12	varying	vary	VERB
ejge-4308	229	13	from	from	ADP
ejge-4308	229	14	-0.40	-0.40	NUM
ejge-4308	229	15	to	to	ADP
ejge-4308	229	16	-0.20	-0.20	NUM
ejge-4308	229	17	.	.	PUNCT
ejge-4308	230	1	figure	figure	VERB
ejge-4308	230	2	4	4	NUM
ejge-4308	230	3	total	total	ADJ
ejge-4308	230	4	debt	debt	NOUN
ejge-4308	230	5	and	and	CCONJ
ejge-4308	230	6	mediumto	mediumto	ADJ
ejge-4308	230	7	long	long	ADJ
ejge-4308	230	8	-	-	PUNCT
ejge-4308	230	9	term	term	NOUN
ejge-4308	230	10	economic	economic	ADJ
ejge-4308	230	11	growth	growth	NOUN
ejge-4308	230	12	(	(	PUNCT
ejge-4308	230	13	homogenous	homogenous	ADJ
ejge-4308	230	14	dataset	dataset	NOUN
ejge-4308	230	15	)	)	PUNCT
ejge-4308	230	16	of	of	ADP
ejge-4308	230	17	course	course	NOUN
ejge-4308	230	18	,	,	PUNCT
ejge-4308	230	19	our	our	PRON
ejge-4308	230	20	study	study	NOUN
ejge-4308	230	21	could	could	AUX
ejge-4308	230	22	be	be	AUX
ejge-4308	230	23	influenced	influence	VERB
ejge-4308	230	24	by	by	ADP
ejge-4308	230	25	outliers	outlier	NOUN
ejge-4308	230	26	.	.	PUNCT
ejge-4308	231	1	for	for	ADP
ejge-4308	231	2	example	example	NOUN
ejge-4308	231	3	,	,	PUNCT
ejge-4308	231	4	several	several	ADJ
ejge-4308	231	5	episodes	episode	NOUN
ejge-4308	231	6	of	of	ADP
ejge-4308	231	7	very	very	ADV
ejge-4308	231	8	low	low	ADJ
ejge-4308	231	9	growth	growth	NOUN
ejge-4308	231	10	might	might	AUX
ejge-4308	231	11	skew	skew	VERB
ejge-4308	231	12	our	our	PRON
ejge-4308	231	13	results	result	NOUN
ejge-4308	231	14	.	.	PUNCT
ejge-4308	232	1	therefore	therefore	ADV
ejge-4308	232	2	,	,	PUNCT
ejge-4308	232	3	in	in	ADP
ejge-4308	232	4	figure	figure	NOUN
ejge-4308	232	5	5	5	NUM
ejge-4308	232	6	we	we	PRON
ejge-4308	232	7	repeat	repeat	VERB
ejge-4308	232	8	our	our	PRON
ejge-4308	232	9	analysis	analysis	NOUN
ejge-4308	232	10	,	,	PUNCT
ejge-4308	232	11	but	but	CCONJ
ejge-4308	232	12	eliminate	eliminate	VERB
ejge-4308	232	13	the	the	DET
ejge-4308	232	14	observations	observation	NOUN
ejge-4308	232	15	with	with	ADP
ejge-4308	232	16	2.5	2.5	NUM
ejge-4308	232	17	%	%	NOUN
ejge-4308	232	18	lowest	low	ADJ
ejge-4308	232	19	and	and	CCONJ
ejge-4308	232	20	2.5	2.5	NUM
ejge-4308	232	21	%	%	NOUN
ejge-4308	232	22	highest	high	ADJ
ejge-4308	232	23	growth	growth	NOUN
ejge-4308	232	24	levels16	levels16	NOUN
ejge-4308	232	25	.	.	PUNCT
ejge-4308	233	1	our	our	PRON
ejge-4308	233	2	previous	previous	ADJ
ejge-4308	233	3	results	result	NOUN
ejge-4308	233	4	remain	remain	VERB
ejge-4308	233	5	unaltered	unaltered	ADJ
ejge-4308	233	6	.	.	PUNCT
ejge-4308	234	1	in	in	ADP
ejge-4308	234	2	the	the	DET
ejge-4308	234	3	short	short	ADJ
ejge-4308	234	4	term	term	NOUN
ejge-4308	234	5	,	,	PUNCT
ejge-4308	234	6	there	there	PRON
ejge-4308	234	7	is	be	VERB
ejge-4308	234	8	a	a	DET
ejge-4308	234	9	relatively	relatively	ADV
ejge-4308	234	10	strong	strong	ADJ
ejge-4308	234	11	negative	negative	ADJ
ejge-4308	234	12	correlation	correlation	NOUN
ejge-4308	234	13	between	between	ADP
ejge-4308	234	14	debt	debt	NOUN
ejge-4308	234	15	and	and	CCONJ
ejge-4308	234	16	growth	growth	NOUN
ejge-4308	234	17	,	,	PUNCT
ejge-4308	234	18	but	but	CCONJ
ejge-4308	234	19	this	this	DET
ejge-4308	234	20	correlation	correlation	NOUN
ejge-4308	234	21	attenuates	attenuate	VERB
ejge-4308	234	22	when	when	SCONJ
ejge-4308	234	23	growth	growth	NOUN
ejge-4308	234	24	over	over	ADP
ejge-4308	234	25	a	a	DET
ejge-4308	234	26	longer	long	ADJ
ejge-4308	234	27	period	period	NOUN
ejge-4308	234	28	is	be	AUX
ejge-4308	234	29	taken	take	VERB
ejge-4308	234	30	into	into	ADP
ejge-4308	234	31	consideration	consideration	NOUN
ejge-4308	234	32	.	.	PUNCT
ejge-4308	235	1	figure	figure	NOUN
ejge-4308	235	2	5	5	NUM
ejge-4308	235	3	total	total	ADJ
ejge-4308	235	4	debt	debt	NOUN
ejge-4308	235	5	and	and	CCONJ
ejge-4308	235	6	mediumto	mediumto	ADJ
ejge-4308	235	7	long	long	ADJ
ejge-4308	235	8	-	-	PUNCT
ejge-4308	235	9	term	term	NOUN
ejge-4308	235	10	economic	economic	ADJ
ejge-4308	235	11	growth	growth	NOUN
ejge-4308	235	12	(	(	PUNCT
ejge-4308	235	13	outliers	outlier	NOUN
ejge-4308	235	14	removed	remove	VERB
ejge-4308	235	15	)	)	PUNCT
ejge-4308	235	16	comparing	compare	VERB
ejge-4308	235	17	the	the	DET
ejge-4308	235	18	impact	impact	NOUN
ejge-4308	235	19	of	of	ADP
ejge-4308	235	20	public	public	ADJ
ejge-4308	235	21	debt	debt	NOUN
ejge-4308	235	22	and	and	CCONJ
ejge-4308	235	23	private	private	ADJ
ejge-4308	235	24	debt	debt	NOUN
ejge-4308	235	25	levels	level	NOUN
ejge-4308	235	26	is	be	AUX
ejge-4308	235	27	beyond	beyond	ADP
ejge-4308	235	28	the	the	DET
ejge-4308	235	29	scope	scope	NOUN
ejge-4308	235	30	of	of	ADP
ejge-4308	235	31	this	this	DET
ejge-4308	235	32	paper	paper	NOUN
ejge-4308	235	33	.	.	PUNCT
ejge-4308	236	1	nevertheless	nevertheless	ADV
ejge-4308	236	2	,	,	PUNCT
ejge-4308	236	3	it	it	PRON
ejge-4308	236	4	is	be	AUX
ejge-4308	236	5	interesting	interesting	ADJ
ejge-4308	236	6	to	to	PART
ejge-4308	236	7	note	note	VERB
ejge-4308	236	8	that	that	SCONJ
ejge-4308	236	9	the	the	DET
ejge-4308	236	10	general	general	ADJ
ejge-4308	236	11	relationship	relationship	NOUN
ejge-4308	236	12	between	between	ADP
ejge-4308	236	13	total	total	ADJ
ejge-4308	236	14	debt	debt	NOUN
ejge-4308	236	15	and	and	CCONJ
ejge-4308	236	16	growth	growth	NOUN
ejge-4308	236	17	–	–	PUNCT
ejge-4308	236	18	relatively	relatively	ADV
ejge-4308	236	19	strong	strong	ADJ
ejge-4308	236	20	negative	negative	ADJ
ejge-4308	236	21	correlation	correlation	NOUN
ejge-4308	236	22	in	in	ADP
ejge-4308	236	23	the	the	DET
ejge-4308	236	24	short	short	ADJ
ejge-4308	236	25	term	term	NOUN
ejge-4308	236	26	,	,	PUNCT
ejge-4308	236	27	much	much	ADV
ejge-4308	236	28	less	less	ADV
ejge-4308	236	29	so	so	ADV
ejge-4308	236	30	on	on	ADP
ejge-4308	236	31	the	the	DET
ejge-4308	236	32	long	long	ADJ
ejge-4308	236	33	term	term	NOUN
ejge-4308	236	34	–	–	PUNCT
ejge-4308	236	35	also	also	ADV
ejge-4308	236	36	holds	hold	VERB
ejge-4308	236	37	for	for	ADP
ejge-4308	236	38	public	public	ADJ
ejge-4308	236	39	and	and	CCONJ
ejge-4308	236	40	private	private	ADJ
ejge-4308	236	41	debt	debt	NOUN
ejge-4308	236	42	,	,	PUNCT
ejge-4308	236	43	as	as	SCONJ
ejge-4308	236	44	can	can	AUX
ejge-4308	236	45	be	be	AUX
ejge-4308	236	46	seen	see	VERB
ejge-4308	236	47	in	in	ADP
ejge-4308	236	48	figure	figure	NOUN
ejge-4308	236	49	6	6	NUM
ejge-4308	236	50	.	.	PUNCT
ejge-4308	237	1	however	however	ADV
ejge-4308	237	2	,	,	PUNCT
ejge-4308	237	3	the	the	DET
ejge-4308	237	4	strength	strength	NOUN
ejge-4308	237	5	of	of	ADP
ejge-4308	237	6	the	the	DET
ejge-4308	237	7	negative	negative	ADJ
ejge-4308	237	8	relationship	relationship	NOUN
ejge-4308	237	9	with	with	ADP
ejge-4308	237	10	growth	growth	NOUN
ejge-4308	237	11	is	be	AUX
ejge-4308	237	12	more	more	ADV
ejge-4308	237	13	pronounced	pronounced	ADJ
ejge-4308	237	14	for	for	ADP
ejge-4308	237	15	private	private	ADJ
ejge-4308	237	16	debt	debt	NOUN
ejge-4308	237	17	than	than	ADP
ejge-4308	237	18	for	for	ADP
ejge-4308	237	19	public	public	ADJ
ejge-4308	237	20	debt	debt	NOUN
ejge-4308	237	21	.	.	PUNCT
ejge-4308	238	1	16	16	NUM
ejge-4308	238	2	we	we	PRON
ejge-4308	238	3	get	get	VERB
ejge-4308	238	4	similar	similar	ADJ
ejge-4308	238	5	results	result	NOUN
ejge-4308	238	6	if	if	SCONJ
ejge-4308	238	7	we	we	PRON
ejge-4308	238	8	eliminate	eliminate	VERB
ejge-4308	238	9	only	only	ADV
ejge-4308	238	10	the	the	DET
ejge-4308	238	11	1.25	1.25	NUM
ejge-4308	238	12	%	%	NOUN
ejge-4308	238	13	highest	high	ADJ
ejge-4308	238	14	and	and	CCONJ
ejge-4308	238	15	lowest	low	ADJ
ejge-4308	238	16	values	value	NOUN
ejge-4308	238	17	or	or	CCONJ
ejge-4308	238	18	if	if	SCONJ
ejge-4308	238	19	we	we	PRON
ejge-4308	238	20	eliminate	eliminate	VERB
ejge-4308	238	21	the	the	DET
ejge-4308	238	22	5	5	NUM
ejge-4308	238	23	%	%	NOUN
ejge-4308	238	24	highest	high	ADJ
ejge-4308	238	25	and	and	CCONJ
ejge-4308	238	26	lowest	low	ADJ
ejge-4308	238	27	values	value	NOUN
ejge-4308	238	28	.	.	PUNCT
ejge-4308	239	1	-1	-1	X
ejge-4308	239	2	0	0	NUM
ejge-4308	240	1	-5	-5	PUNCT
ejge-4308	240	2	0	0	NUM
ejge-4308	240	3	5	5	NUM
ejge-4308	240	4	1	1	NUM
ejge-4308	240	5	0	0	NUM
ejge-4308	240	6	r	r	NOUN
ejge-4308	240	7	e	e	NOUN
ejge-4308	240	8	al	al	PROPN
ejge-4308	240	9	g	g	PROPN
ejge-4308	241	1	d	d	PROPN
ejge-4308	241	2	p	p	X
ejge-4308	241	3	p	p	X
ejge-4308	241	4	e	e	NOUN
ejge-4308	241	5	r	r	NOUN
ejge-4308	241	6	ca	can	AUX
ejge-4308	241	7	pi	pi	VERB
ejge-4308	241	8	ta	ta	PROPN
ejge-4308	241	9	g	g	PROPN
ejge-4308	241	10	ro	ro	PROPN
ejge-4308	241	11	w	w	X
ejge-4308	241	12	th	th	X
ejge-4308	241	13	r	r	NOUN
ejge-4308	241	14	a	a	DET
ejge-4308	241	15	te	te	PROPN
ejge-4308	241	16	(	(	PUNCT
ejge-4308	241	17	%	%	NOUN
ejge-4308	241	18	)	)	PUNCT
ejge-4308	241	19	0	0	NUM
ejge-4308	241	20	100	100	NUM
ejge-4308	241	21	200	200	NUM
ejge-4308	241	22	300	300	NUM
ejge-4308	241	23	total	total	ADJ
ejge-4308	241	24	debt	debt	NOUN
ejge-4308	241	25	to	to	ADP
ejge-4308	241	26	gdp	gdp	NOUN
ejge-4308	241	27	thresholds	threshold	NOUN
ejge-4308	241	28	(	(	PUNCT
ejge-4308	241	29	%	%	INTJ
ejge-4308	241	30	)	)	PUNCT
ejge-4308	241	31	1	1	NUM
ejge-4308	241	32	year	year	NOUN
ejge-4308	241	33	-1	-1	NOUN
ejge-4308	241	34	0	0	NUM
ejge-4308	242	1	-5	-5	PUNCT
ejge-4308	242	2	0	0	NUM
ejge-4308	242	3	5	5	NUM
ejge-4308	242	4	1	1	NUM
ejge-4308	242	5	0	0	NUM
ejge-4308	242	6	r	r	NOUN
ejge-4308	242	7	e	e	NOUN
ejge-4308	242	8	al	al	PROPN
ejge-4308	242	9	g	g	PROPN
ejge-4308	243	1	d	d	PROPN
ejge-4308	243	2	p	p	X
ejge-4308	243	3	p	p	X
ejge-4308	243	4	e	e	NOUN
ejge-4308	243	5	r	r	NOUN
ejge-4308	243	6	ca	can	AUX
ejge-4308	243	7	pi	pi	VERB
ejge-4308	243	8	ta	ta	PROPN
ejge-4308	243	9	g	g	PROPN
ejge-4308	243	10	ro	ro	PROPN
ejge-4308	243	11	w	w	X
ejge-4308	243	12	th	th	X
ejge-4308	243	13	r	r	NOUN
ejge-4308	243	14	a	a	DET
ejge-4308	243	15	te	te	PROPN
ejge-4308	243	16	(	(	PUNCT
ejge-4308	243	17	%	%	NOUN
ejge-4308	243	18	)	)	PUNCT
ejge-4308	243	19	0	0	NUM
ejge-4308	243	20	100	100	NUM
ejge-4308	243	21	200	200	NUM
ejge-4308	243	22	300	300	NUM
ejge-4308	243	23	total	total	ADJ
ejge-4308	243	24	debt	debt	NOUN
ejge-4308	243	25	to	to	ADP
ejge-4308	243	26	gdp	gdp	NOUN
ejge-4308	243	27	thresholds	threshold	NOUN
ejge-4308	243	28	(	(	PUNCT
ejge-4308	243	29	%	%	INTJ
ejge-4308	243	30	)	)	PUNCT
ejge-4308	243	31	5	5	NUM
ejge-4308	243	32	year	year	NOUN
ejge-4308	243	33	-1	-1	NOUN
ejge-4308	243	34	0	0	NUM
ejge-4308	244	1	-5	-5	PUNCT
ejge-4308	244	2	0	0	NUM
ejge-4308	244	3	5	5	NUM
ejge-4308	244	4	1	1	NUM
ejge-4308	244	5	0	0	NUM
ejge-4308	244	6	r	r	NOUN
ejge-4308	244	7	e	e	NOUN
ejge-4308	244	8	al	al	PROPN
ejge-4308	244	9	g	g	PROPN
ejge-4308	245	1	d	d	PROPN
ejge-4308	245	2	p	p	X
ejge-4308	245	3	p	p	X
ejge-4308	245	4	e	e	NOUN
ejge-4308	245	5	r	r	NOUN
ejge-4308	245	6	ca	can	AUX
ejge-4308	245	7	pi	pi	VERB
ejge-4308	245	8	ta	ta	PROPN
ejge-4308	245	9	g	g	PROPN
ejge-4308	245	10	ro	ro	PROPN
ejge-4308	245	11	w	w	X
ejge-4308	245	12	th	th	X
ejge-4308	245	13	r	r	NOUN
ejge-4308	245	14	a	a	DET
ejge-4308	245	15	te	te	PROPN
ejge-4308	245	16	(	(	PUNCT
ejge-4308	245	17	%	%	NOUN
ejge-4308	245	18	)	)	PUNCT
ejge-4308	245	19	0	0	NUM
ejge-4308	245	20	100	100	NUM
ejge-4308	245	21	200	200	NUM
ejge-4308	245	22	300	300	NUM
ejge-4308	245	23	total	total	ADJ
ejge-4308	245	24	debt	debt	NOUN
ejge-4308	245	25	to	to	ADP
ejge-4308	245	26	gdp	gdp	NOUN
ejge-4308	245	27	thresholds	threshold	NOUN
ejge-4308	245	28	(	(	PUNCT
ejge-4308	245	29	%	%	INTJ
ejge-4308	245	30	)	)	PUNCT
ejge-4308	245	31	10	10	NUM
ejge-4308	245	32	year	year	NOUN
ejge-4308	245	33	-1	-1	NOUN
ejge-4308	245	34	0	0	NUM
ejge-4308	246	1	-5	-5	PUNCT
ejge-4308	246	2	0	0	NUM
ejge-4308	246	3	5	5	NUM
ejge-4308	246	4	1	1	NUM
ejge-4308	246	5	0	0	NUM
ejge-4308	246	6	r	r	NOUN
ejge-4308	246	7	e	e	NOUN
ejge-4308	246	8	al	al	PROPN
ejge-4308	246	9	g	g	PROPN
ejge-4308	247	1	d	d	PROPN
ejge-4308	247	2	p	p	X
ejge-4308	247	3	p	p	X
ejge-4308	247	4	e	e	NOUN
ejge-4308	247	5	r	r	NOUN
ejge-4308	247	6	ca	can	AUX
ejge-4308	247	7	pi	pi	VERB
ejge-4308	247	8	ta	ta	PROPN
ejge-4308	247	9	g	g	PROPN
ejge-4308	247	10	ro	ro	PROPN
ejge-4308	247	11	w	w	X
ejge-4308	247	12	th	th	X
ejge-4308	247	13	r	r	NOUN
ejge-4308	247	14	a	a	DET
ejge-4308	247	15	te	te	PROPN
ejge-4308	247	16	(	(	PUNCT
ejge-4308	247	17	%	%	NOUN
ejge-4308	247	18	)	)	PUNCT
ejge-4308	247	19	0	0	NUM
ejge-4308	247	20	100	100	NUM
ejge-4308	247	21	200	200	NUM
ejge-4308	247	22	300	300	NUM
ejge-4308	247	23	total	total	ADJ
ejge-4308	247	24	debt	debt	NOUN
ejge-4308	247	25	to	to	ADP
ejge-4308	247	26	gdp	gdp	NOUN
ejge-4308	247	27	thresholds	threshold	NOUN
ejge-4308	247	28	(	(	PUNCT
ejge-4308	247	29	%	%	INTJ
ejge-4308	247	30	)	)	PUNCT
ejge-4308	247	31	15	15	NUM
ejge-4308	247	32	year	year	NOUN
ejge-4308	247	33	-1	-1	NOUN
ejge-4308	247	34	0	0	NUM
ejge-4308	248	1	-5	-5	PUNCT
ejge-4308	248	2	0	0	NUM
ejge-4308	248	3	5	5	NUM
ejge-4308	248	4	1	1	NUM
ejge-4308	248	5	0	0	NUM
ejge-4308	248	6	r	r	NOUN
ejge-4308	248	7	e	e	NOUN
ejge-4308	248	8	a	a	DET
ejge-4308	248	9	l	l	NOUN
ejge-4308	248	10	g	g	NOUN
ejge-4308	249	1	d	d	X
ejge-4308	249	2	p	p	X
ejge-4308	249	3	p	p	X
ejge-4308	249	4	e	e	NOUN
ejge-4308	249	5	r	r	NOUN
ejge-4308	249	6	ca	ca	NOUN
ejge-4308	249	7	p	p	NOUN
ejge-4308	249	8	ita	ita	PROPN
ejge-4308	249	9	g	g	PROPN
ejge-4308	249	10	ro	ro	PROPN
ejge-4308	249	11	w	w	X
ejge-4308	249	12	th	th	X
ejge-4308	249	13	r	r	NOUN
ejge-4308	249	14	a	a	DET
ejge-4308	249	15	te	te	PROPN
ejge-4308	249	16	(	(	PUNCT
ejge-4308	249	17	%	%	NOUN
ejge-4308	249	18	)	)	PUNCT
ejge-4308	249	19	0	0	NUM
ejge-4308	249	20	100	100	NUM
ejge-4308	249	21	200	200	NUM
ejge-4308	249	22	300	300	NUM
ejge-4308	249	23	400	400	NUM
ejge-4308	249	24	500	500	NUM
ejge-4308	249	25	total	total	ADJ
ejge-4308	249	26	debt	debt	NOUN
ejge-4308	249	27	to	to	ADP
ejge-4308	249	28	gdp	gdp	NOUN
ejge-4308	249	29	thresholds	threshold	NOUN
ejge-4308	249	30	(	(	PUNCT
ejge-4308	249	31	%	%	INTJ
ejge-4308	249	32	)	)	PUNCT
ejge-4308	249	33	1	1	NUM
ejge-4308	249	34	year	year	NOUN
ejge-4308	249	35	-1	-1	NOUN
ejge-4308	249	36	0	0	NUM
ejge-4308	250	1	-5	-5	PUNCT
ejge-4308	250	2	0	0	NUM
ejge-4308	250	3	5	5	NUM
ejge-4308	250	4	1	1	NUM
ejge-4308	250	5	0	0	NUM
ejge-4308	250	6	r	r	NOUN
ejge-4308	250	7	e	e	NOUN
ejge-4308	250	8	a	a	DET
ejge-4308	250	9	l	l	NOUN
ejge-4308	250	10	g	g	NOUN
ejge-4308	251	1	d	d	X
ejge-4308	251	2	p	p	X
ejge-4308	251	3	p	p	X
ejge-4308	251	4	e	e	NOUN
ejge-4308	251	5	r	r	NOUN
ejge-4308	251	6	ca	ca	NOUN
ejge-4308	251	7	p	p	NOUN
ejge-4308	251	8	ita	ita	PROPN
ejge-4308	251	9	g	g	PROPN
ejge-4308	251	10	ro	ro	PROPN
ejge-4308	251	11	w	w	X
ejge-4308	251	12	th	th	X
ejge-4308	251	13	r	r	NOUN
ejge-4308	251	14	a	a	DET
ejge-4308	251	15	te	te	PROPN
ejge-4308	251	16	(	(	PUNCT
ejge-4308	251	17	%	%	NOUN
ejge-4308	251	18	)	)	PUNCT
ejge-4308	251	19	0	0	NUM
ejge-4308	251	20	100	100	NUM
ejge-4308	251	21	200	200	NUM
ejge-4308	251	22	300	300	NUM
ejge-4308	251	23	400	400	NUM
ejge-4308	251	24	total	total	ADJ
ejge-4308	251	25	debt	debt	NOUN
ejge-4308	251	26	to	to	ADP
ejge-4308	251	27	gdp	gdp	NOUN
ejge-4308	251	28	thresholds	threshold	NOUN
ejge-4308	251	29	(	(	PUNCT
ejge-4308	251	30	%	%	INTJ
ejge-4308	251	31	)	)	PUNCT
ejge-4308	251	32	5	5	NUM
ejge-4308	251	33	year	year	NOUN
ejge-4308	251	34	-1	-1	NOUN
ejge-4308	251	35	0	0	NUM
ejge-4308	252	1	-5	-5	PUNCT
ejge-4308	252	2	0	0	NUM
ejge-4308	252	3	5	5	NUM
ejge-4308	252	4	1	1	NUM
ejge-4308	252	5	0	0	NUM
ejge-4308	252	6	r	r	NOUN
ejge-4308	252	7	e	e	NOUN
ejge-4308	252	8	a	a	DET
ejge-4308	252	9	l	l	NOUN
ejge-4308	252	10	g	g	NOUN
ejge-4308	253	1	d	d	X
ejge-4308	253	2	p	p	X
ejge-4308	253	3	p	p	X
ejge-4308	253	4	e	e	NOUN
ejge-4308	253	5	r	r	NOUN
ejge-4308	253	6	ca	ca	NOUN
ejge-4308	253	7	p	p	NOUN
ejge-4308	253	8	ita	ita	PROPN
ejge-4308	253	9	g	g	PROPN
ejge-4308	253	10	ro	ro	PROPN
ejge-4308	253	11	w	w	X
ejge-4308	253	12	th	th	X
ejge-4308	253	13	r	r	NOUN
ejge-4308	253	14	a	a	DET
ejge-4308	253	15	te	te	PROPN
ejge-4308	253	16	(	(	PUNCT
ejge-4308	253	17	%	%	NOUN
ejge-4308	253	18	)	)	PUNCT
ejge-4308	253	19	0	0	NUM
ejge-4308	253	20	100	100	NUM
ejge-4308	253	21	200	200	NUM
ejge-4308	253	22	300	300	NUM
ejge-4308	253	23	400	400	NUM
ejge-4308	253	24	total	total	ADJ
ejge-4308	253	25	debt	debt	NOUN
ejge-4308	253	26	to	to	ADP
ejge-4308	253	27	gdp	gdp	NOUN
ejge-4308	253	28	thresholds	threshold	NOUN
ejge-4308	253	29	(	(	PUNCT
ejge-4308	253	30	%	%	INTJ
ejge-4308	253	31	)	)	PUNCT
ejge-4308	253	32	10	10	NUM
ejge-4308	253	33	year	year	NOUN
ejge-4308	253	34	-1	-1	NOUN
ejge-4308	253	35	0	0	NUM
ejge-4308	254	1	-5	-5	PUNCT
ejge-4308	254	2	0	0	NUM
ejge-4308	254	3	5	5	NUM
ejge-4308	254	4	1	1	NUM
ejge-4308	254	5	0	0	NUM
ejge-4308	254	6	r	r	NOUN
ejge-4308	254	7	e	e	NOUN
ejge-4308	254	8	a	a	DET
ejge-4308	254	9	l	l	NOUN
ejge-4308	254	10	g	g	NOUN
ejge-4308	255	1	d	d	X
ejge-4308	255	2	p	p	X
ejge-4308	255	3	p	p	X
ejge-4308	255	4	e	e	NOUN
ejge-4308	255	5	r	r	NOUN
ejge-4308	255	6	ca	ca	NOUN
ejge-4308	255	7	p	p	NOUN
ejge-4308	255	8	ita	ita	PROPN
ejge-4308	255	9	g	g	PROPN
ejge-4308	255	10	ro	ro	PROPN
ejge-4308	255	11	w	w	X
ejge-4308	255	12	th	th	X
ejge-4308	255	13	r	r	NOUN
ejge-4308	255	14	a	a	DET
ejge-4308	255	15	te	te	PROPN
ejge-4308	255	16	(	(	PUNCT
ejge-4308	255	17	%	%	NOUN
ejge-4308	255	18	)	)	PUNCT
ejge-4308	255	19	0	0	NUM
ejge-4308	255	20	100	100	NUM
ejge-4308	255	21	200	200	NUM
ejge-4308	255	22	300	300	NUM
ejge-4308	255	23	total	total	ADJ
ejge-4308	255	24	debt	debt	NOUN
ejge-4308	255	25	to	to	ADP
ejge-4308	255	26	gdp	gdp	NOUN
ejge-4308	255	27	thresholds	threshold	NOUN
ejge-4308	255	28	(	(	PUNCT
ejge-4308	255	29	%	%	INTJ
ejge-4308	255	30	)	)	PUNCT
ejge-4308	255	31	15	15	NUM
ejge-4308	255	32	year	year	NOUN
ejge-4308	255	33	european	european	PROPN
ejge-4308	255	34	journal	journal	PROPN
ejge-4308	255	35	of	of	ADP
ejge-4308	255	36	government	government	NOUN
ejge-4308	255	37	and	and	CCONJ
ejge-4308	255	38	economics	economic	NOUN
ejge-4308	255	39	4(2	4(2	NUM
ejge-4308	255	40	)	)	PUNCT
ejge-4308	255	41	89	89	NUM
ejge-4308	255	42	figure	figure	NOUN
ejge-4308	255	43	6	6	NUM
ejge-4308	255	44	public	public	ADJ
ejge-4308	255	45	debt	debt	NOUN
ejge-4308	255	46	&	&	CCONJ
ejge-4308	255	47	private	private	ADJ
ejge-4308	255	48	debt	debt	NOUN
ejge-4308	255	49	levels	level	NOUN
ejge-4308	255	50	and	and	CCONJ
ejge-4308	255	51	mediumto	mediumto	ADJ
ejge-4308	255	52	long	long	ADJ
ejge-4308	255	53	-	-	PUNCT
ejge-4308	255	54	term	term	NOUN
ejge-4308	255	55	economic	economic	ADJ
ejge-4308	255	56	growth	growth	NOUN
ejge-4308	255	57	4.3	4.3	NUM
ejge-4308	255	58	.	.	PUNCT
ejge-4308	256	1	debt	debt	NOUN
ejge-4308	256	2	trajectory	trajectory	NOUN
ejge-4308	256	3	hitherto	hitherto	NOUN
ejge-4308	257	1	,	,	PUNCT
ejge-4308	257	2	our	our	PRON
ejge-4308	257	3	analysis	analysis	NOUN
ejge-4308	257	4	has	have	AUX
ejge-4308	257	5	focused	focus	VERB
ejge-4308	257	6	solely	solely	ADV
ejge-4308	257	7	on	on	ADP
ejge-4308	257	8	episodes	episode	NOUN
ejge-4308	257	9	where	where	SCONJ
ejge-4308	257	10	the	the	DET
ejge-4308	257	11	total	total	ADJ
ejge-4308	257	12	debt	debt	NOUN
ejge-4308	257	13	level	level	NOUN
ejge-4308	257	14	has	have	AUX
ejge-4308	257	15	exceeded	exceed	VERB
ejge-4308	257	16	a	a	DET
ejge-4308	257	17	threshold	threshold	NOUN
ejge-4308	257	18	.	.	PUNCT
ejge-4308	258	1	now	now	ADV
ejge-4308	258	2	,	,	PUNCT
ejge-4308	258	3	we	we	PRON
ejge-4308	258	4	look	look	VERB
ejge-4308	258	5	at	at	ADP
ejge-4308	258	6	the	the	DET
ejge-4308	258	7	impact	impact	NOUN
ejge-4308	258	8	of	of	ADP
ejge-4308	258	9	decreasing	decrease	VERB
ejge-4308	258	10	total	total	ADJ
ejge-4308	258	11	debt	debt	NOUN
ejge-4308	258	12	levels	level	NOUN
ejge-4308	258	13	on	on	ADP
ejge-4308	258	14	economic	economic	ADJ
ejge-4308	258	15	growth	growth	NOUN
ejge-4308	258	16	.	.	PUNCT
ejge-4308	259	1	therefore	therefore	ADV
ejge-4308	259	2	,	,	PUNCT
ejge-4308	259	3	we	we	PRON
ejge-4308	259	4	study	study	VERB
ejge-4308	259	5	all	all	DET
ejge-4308	259	6	episodes	episode	NOUN
ejge-4308	259	7	where	where	SCONJ
ejge-4308	259	8	the	the	DET
ejge-4308	259	9	total	total	ADJ
ejge-4308	259	10	debt	debt	NOUN
ejge-4308	259	11	level	level	NOUN
ejge-4308	259	12	declines	decline	VERB
ejge-4308	259	13	below	below	ADP
ejge-4308	259	14	a	a	DET
ejge-4308	259	15	given	give	VERB
ejge-4308	259	16	threshold	threshold	NOUN
ejge-4308	259	17	:	:	PUNCT
ejge-4308	259	18	bit	bit	NOUN
ejge-4308	259	19	≤	≤	ADV
ejge-4308	259	20	τ	τ	X
ejge-4308	259	21	,	,	PUNCT
ejge-4308	259	22	bit-1	bit-1	PUNCT
ejge-4308	259	23	˃	˃	PROPN
ejge-4308	259	24	τ	τ	X
ejge-4308	259	25	and	and	CCONJ
ejge-4308	259	26	∄	∄	NOUN
ejge-4308	260	1	j	j	PROPN
ejge-4308	261	1	ϵ	ϵ	X
ejge-4308	262	1	[	[	X
ejge-4308	262	2	1,	1,	NUM
ejge-4308	262	3	…	…	SYM
ejge-4308	262	4	,h	,h	X
ejge-4308	262	5	]	]	X
ejge-4308	262	6	s.t	s.t	PROPN
ejge-4308	262	7	.	.	PROPN
ejge-4308	262	8	bit	bit	PROPN
ejge-4308	262	9	-	-	PUNCT
ejge-4308	262	10	j	j	NOUN
ejge-4308	262	11	≤	≤	PROPN
ejge-4308	262	12	τ	τ	PROPN
ejge-4308	262	13	,	,	PUNCT
ejge-4308	262	14	bit	bit	NOUN
ejge-4308	262	15	-	-	PUNCT
ejge-4308	262	16	j-1	j-1	ADV
ejge-4308	262	17	˃	˃	NOUN
ejge-4308	262	18	τ	τ	X
ejge-4308	262	19	.	.	PUNCT
ejge-4308	263	1	in	in	ADP
ejge-4308	263	2	figure	figure	NOUN
ejge-4308	263	3	7	7	NUM
ejge-4308	263	4	,	,	PUNCT
ejge-4308	263	5	we	we	PRON
ejge-4308	263	6	compare	compare	VERB
ejge-4308	263	7	short	short	ADJ
ejge-4308	263	8	-	-	PUNCT
ejge-4308	263	9	term	term	NOUN
ejge-4308	263	10	economic	economic	ADJ
ejge-4308	263	11	growth	growth	NOUN
ejge-4308	263	12	(	(	PUNCT
ejge-4308	263	13	h=1	h=1	NOUN
ejge-4308	263	14	)	)	PUNCT
ejge-4308	263	15	in	in	ADP
ejge-4308	263	16	these	these	DET
ejge-4308	263	17	episodes	episode	NOUN
ejge-4308	263	18	with	with	ADP
ejge-4308	263	19	the	the	DET
ejge-4308	263	20	ones	one	NOUN
ejge-4308	263	21	identified	identify	VERB
ejge-4308	263	22	in	in	ADP
ejge-4308	263	23	figure	figure	NOUN
ejge-4308	263	24	2	2	NUM
ejge-4308	263	25	.	.	PUNCT
ejge-4308	264	1	we	we	PRON
ejge-4308	264	2	can	can	AUX
ejge-4308	264	3	observe	observe	VERB
ejge-4308	264	4	that	that	SCONJ
ejge-4308	264	5	the	the	DET
ejge-4308	264	6	trajectory	trajectory	NOUN
ejge-4308	264	7	of	of	ADP
ejge-4308	264	8	growth	growth	NOUN
ejge-4308	264	9	performance	performance	NOUN
ejge-4308	264	10	is	be	AUX
ejge-4308	264	11	quite	quite	ADV
ejge-4308	264	12	similar	similar	ADJ
ejge-4308	264	13	between	between	ADP
ejge-4308	264	14	countries	country	NOUN
ejge-4308	264	15	that	that	PRON
ejge-4308	264	16	exceed	exceed	VERB
ejge-4308	264	17	or	or	CCONJ
ejge-4308	264	18	fall	fall	VERB
ejge-4308	264	19	below	below	ADP
ejge-4308	264	20	a	a	DET
ejge-4308	264	21	debt	debt	NOUN
ejge-4308	264	22	threshold	threshold	NOUN
ejge-4308	264	23	.	.	PUNCT
ejge-4308	265	1	yet	yet	CCONJ
ejge-4308	265	2	countries	country	NOUN
ejge-4308	265	3	on	on	ADP
ejge-4308	265	4	a	a	DET
ejge-4308	265	5	declining	decline	VERB
ejge-4308	265	6	debt	debt	NOUN
ejge-4308	265	7	path	path	NOUN
ejge-4308	265	8	have	have	VERB
ejge-4308	265	9	slightly	slightly	ADV
ejge-4308	265	10	higher	high	ADJ
ejge-4308	265	11	growth	growth	NOUN
ejge-4308	265	12	rates	rate	NOUN
ejge-4308	265	13	at	at	ADP
ejge-4308	265	14	high	high	ADJ
ejge-4308	265	15	debt	debt	NOUN
ejge-4308	265	16	levels	level	NOUN
ejge-4308	265	17	compared	compare	VERB
ejge-4308	265	18	to	to	ADP
ejge-4308	265	19	those	those	PRON
ejge-4308	265	20	on	on	ADP
ejge-4308	265	21	an	an	DET
ejge-4308	265	22	increasing	increase	VERB
ejge-4308	265	23	path	path	NOUN
ejge-4308	265	24	.	.	PUNCT
ejge-4308	266	1	in	in	ADP
ejge-4308	266	2	other	other	ADJ
ejge-4308	266	3	words	word	NOUN
ejge-4308	266	4	,	,	PUNCT
ejge-4308	266	5	high	high	ADJ
ejge-4308	266	6	levels	level	NOUN
ejge-4308	266	7	of	of	ADP
ejge-4308	266	8	debt	debt	NOUN
ejge-4308	266	9	are	be	AUX
ejge-4308	266	10	negatively	negatively	ADV
ejge-4308	266	11	associated	associate	VERB
ejge-4308	266	12	with	with	ADP
ejge-4308	266	13	growth	growth	NOUN
ejge-4308	266	14	,	,	PUNCT
ejge-4308	266	15	but	but	CCONJ
ejge-4308	266	16	if	if	SCONJ
ejge-4308	266	17	these	these	DET
ejge-4308	266	18	high	high	ADJ
ejge-4308	266	19	debt	debt	NOUN
ejge-4308	266	20	levels	level	NOUN
ejge-4308	266	21	are	be	AUX
ejge-4308	266	22	falling	fall	VERB
ejge-4308	266	23	,	,	PUNCT
ejge-4308	266	24	growth	growth	NOUN
ejge-4308	266	25	performance	performance	NOUN
ejge-4308	266	26	improves	improve	VERB
ejge-4308	266	27	slightly	slightly	ADV
ejge-4308	266	28	.	.	PUNCT
ejge-4308	267	1	in	in	ADP
ejge-4308	267	2	addition	addition	NOUN
ejge-4308	267	3	,	,	PUNCT
ejge-4308	267	4	when	when	SCONJ
ejge-4308	267	5	debt	debt	NOUN
ejge-4308	267	6	is	be	AUX
ejge-4308	267	7	falling	fall	VERB
ejge-4308	267	8	,	,	PUNCT
ejge-4308	267	9	there	there	PRON
ejge-4308	267	10	appears	appear	VERB
ejge-4308	267	11	to	to	PART
ejge-4308	267	12	be	be	AUX
ejge-4308	267	13	no	no	DET
ejge-4308	267	14	impact	impact	NOUN
ejge-4308	267	15	on	on	ADP
ejge-4308	267	16	growth	growth	NOUN
ejge-4308	267	17	until	until	SCONJ
ejge-4308	267	18	debt	debt	NOUN
ejge-4308	267	19	levels	level	NOUN
ejge-4308	267	20	reach	reach	VERB
ejge-4308	267	21	200	200	NUM
ejge-4308	267	22	%	%	NOUN
ejge-4308	267	23	of	of	ADP
ejge-4308	267	24	gdp	gdp	NOUN
ejge-4308	267	25	,	,	PUNCT
ejge-4308	267	26	after	after	ADP
ejge-4308	267	27	which	which	PRON
ejge-4308	267	28	real	real	ADJ
ejge-4308	267	29	gdp	gdp	NOUN
ejge-4308	267	30	growth	growth	NOUN
ejge-4308	267	31	steadily	steadily	ADV
ejge-4308	267	32	deteriorates	deteriorate	VERB
ejge-4308	267	33	.	.	PUNCT
ejge-4308	268	1	-1	-1	X
ejge-4308	268	2	0	0	NUM
ejge-4308	269	1	-5	-5	PUNCT
ejge-4308	269	2	0	0	NUM
ejge-4308	269	3	5	5	NUM
ejge-4308	269	4	1	1	NUM
ejge-4308	269	5	0	0	NUM
ejge-4308	269	6	r	r	NOUN
ejge-4308	269	7	e	e	NOUN
ejge-4308	269	8	al	al	PROPN
ejge-4308	269	9	g	g	PROPN
ejge-4308	270	1	d	d	PROPN
ejge-4308	270	2	p	p	X
ejge-4308	270	3	p	p	X
ejge-4308	270	4	e	e	NOUN
ejge-4308	270	5	r	r	NOUN
ejge-4308	270	6	ca	can	AUX
ejge-4308	270	7	pi	pi	VERB
ejge-4308	270	8	ta	ta	PROPN
ejge-4308	270	9	g	g	PROPN
ejge-4308	270	10	ro	ro	PROPN
ejge-4308	270	11	w	w	X
ejge-4308	270	12	th	th	X
ejge-4308	270	13	r	r	NOUN
ejge-4308	270	14	a	a	PRON
ejge-4308	270	15	te	te	PROPN
ejge-4308	270	16	(	(	PUNCT
ejge-4308	270	17	%	%	NOUN
ejge-4308	270	18	)	)	PUNCT
ejge-4308	270	19	0	0	NUM
ejge-4308	271	1	50	50	NUM
ejge-4308	271	2	100	100	NUM
ejge-4308	271	3	150	150	NUM
ejge-4308	271	4	200	200	NUM
ejge-4308	271	5	250	250	NUM
ejge-4308	271	6	public	public	ADJ
ejge-4308	271	7	debt	debt	NOUN
ejge-4308	271	8	to	to	ADP
ejge-4308	271	9	gdp	gdp	NOUN
ejge-4308	271	10	thresholds	threshold	NOUN
ejge-4308	271	11	(	(	PUNCT
ejge-4308	271	12	%	%	INTJ
ejge-4308	271	13	)	)	PUNCT
ejge-4308	271	14	1	1	NUM
ejge-4308	271	15	year	year	NOUN
ejge-4308	271	16	-1	-1	NOUN
ejge-4308	271	17	0	0	NUM
ejge-4308	272	1	-5	-5	PUNCT
ejge-4308	272	2	0	0	NUM
ejge-4308	272	3	5	5	NUM
ejge-4308	272	4	1	1	NUM
ejge-4308	272	5	0	0	NUM
ejge-4308	272	6	r	r	NOUN
ejge-4308	272	7	e	e	NOUN
ejge-4308	272	8	al	al	PROPN
ejge-4308	272	9	g	g	PROPN
ejge-4308	273	1	d	d	PROPN
ejge-4308	273	2	p	p	X
ejge-4308	273	3	p	p	X
ejge-4308	273	4	e	e	NOUN
ejge-4308	273	5	r	r	NOUN
ejge-4308	273	6	ca	can	AUX
ejge-4308	273	7	pi	pi	VERB
ejge-4308	273	8	ta	ta	PROPN
ejge-4308	273	9	g	g	PROPN
ejge-4308	273	10	ro	ro	PROPN
ejge-4308	273	11	w	w	X
ejge-4308	273	12	th	th	X
ejge-4308	273	13	r	r	NOUN
ejge-4308	273	14	a	a	PRON
ejge-4308	273	15	te	te	PROPN
ejge-4308	273	16	(	(	PUNCT
ejge-4308	273	17	%	%	NOUN
ejge-4308	273	18	)	)	PUNCT
ejge-4308	273	19	0	0	NUM
ejge-4308	274	1	50	50	NUM
ejge-4308	274	2	100	100	NUM
ejge-4308	274	3	150	150	NUM
ejge-4308	274	4	200	200	NUM
ejge-4308	274	5	public	public	ADJ
ejge-4308	274	6	debt	debt	NOUN
ejge-4308	274	7	to	to	ADP
ejge-4308	274	8	gdp	gdp	NOUN
ejge-4308	274	9	thresholds	threshold	NOUN
ejge-4308	274	10	(	(	PUNCT
ejge-4308	274	11	%	%	INTJ
ejge-4308	274	12	)	)	PUNCT
ejge-4308	274	13	5	5	NUM
ejge-4308	274	14	year	year	NOUN
ejge-4308	274	15	-1	-1	NOUN
ejge-4308	274	16	0	0	NUM
ejge-4308	275	1	-5	-5	PUNCT
ejge-4308	275	2	0	0	NUM
ejge-4308	275	3	5	5	NUM
ejge-4308	275	4	1	1	NUM
ejge-4308	275	5	0	0	NUM
ejge-4308	275	6	r	r	NOUN
ejge-4308	275	7	e	e	NOUN
ejge-4308	275	8	al	al	PROPN
ejge-4308	275	9	g	g	PROPN
ejge-4308	276	1	d	d	PROPN
ejge-4308	276	2	p	p	X
ejge-4308	276	3	p	p	X
ejge-4308	276	4	e	e	NOUN
ejge-4308	276	5	r	r	NOUN
ejge-4308	276	6	ca	can	AUX
ejge-4308	276	7	pi	pi	VERB
ejge-4308	276	8	ta	ta	PROPN
ejge-4308	276	9	g	g	PROPN
ejge-4308	276	10	ro	ro	PROPN
ejge-4308	276	11	w	w	X
ejge-4308	276	12	th	th	X
ejge-4308	276	13	r	r	NOUN
ejge-4308	276	14	a	a	PRON
ejge-4308	276	15	te	te	PROPN
ejge-4308	276	16	(	(	PUNCT
ejge-4308	276	17	%	%	NOUN
ejge-4308	276	18	)	)	PUNCT
ejge-4308	276	19	0	0	NUM
ejge-4308	277	1	50	50	NUM
ejge-4308	277	2	100	100	NUM
ejge-4308	277	3	150	150	NUM
ejge-4308	277	4	public	public	ADJ
ejge-4308	277	5	debt	debt	NOUN
ejge-4308	277	6	to	to	ADP
ejge-4308	277	7	gdp	gdp	NOUN
ejge-4308	277	8	thresholds	threshold	NOUN
ejge-4308	277	9	(	(	PUNCT
ejge-4308	277	10	%	%	INTJ
ejge-4308	277	11	)	)	PUNCT
ejge-4308	277	12	10	10	NUM
ejge-4308	277	13	year	year	NOUN
ejge-4308	277	14	-1	-1	NOUN
ejge-4308	277	15	0	0	NUM
ejge-4308	278	1	-5	-5	PUNCT
ejge-4308	278	2	0	0	NUM
ejge-4308	278	3	5	5	NUM
ejge-4308	278	4	1	1	NUM
ejge-4308	278	5	0	0	NUM
ejge-4308	278	6	r	r	NOUN
ejge-4308	278	7	e	e	NOUN
ejge-4308	278	8	al	al	PROPN
ejge-4308	278	9	g	g	PROPN
ejge-4308	279	1	d	d	PROPN
ejge-4308	279	2	p	p	X
ejge-4308	279	3	p	p	X
ejge-4308	279	4	e	e	NOUN
ejge-4308	279	5	r	r	NOUN
ejge-4308	279	6	ca	can	AUX
ejge-4308	279	7	pi	pi	VERB
ejge-4308	279	8	ta	ta	PROPN
ejge-4308	279	9	g	g	PROPN
ejge-4308	279	10	ro	ro	PROPN
ejge-4308	279	11	w	w	X
ejge-4308	279	12	th	th	X
ejge-4308	279	13	r	r	NOUN
ejge-4308	279	14	a	a	PRON
ejge-4308	279	15	te	te	PROPN
ejge-4308	279	16	(	(	PUNCT
ejge-4308	279	17	%	%	NOUN
ejge-4308	279	18	)	)	PUNCT
ejge-4308	279	19	0	0	NUM
ejge-4308	280	1	50	50	NUM
ejge-4308	280	2	100	100	NUM
ejge-4308	280	3	150	150	NUM
ejge-4308	280	4	public	public	ADJ
ejge-4308	280	5	debt	debt	NOUN
ejge-4308	280	6	to	to	ADP
ejge-4308	280	7	gdp	gdp	NOUN
ejge-4308	280	8	thresholds	threshold	NOUN
ejge-4308	280	9	(	(	PUNCT
ejge-4308	280	10	%	%	INTJ
ejge-4308	280	11	)	)	PUNCT
ejge-4308	280	12	15	15	NUM
ejge-4308	280	13	year	year	NOUN
ejge-4308	280	14	-1	-1	NOUN
ejge-4308	280	15	0	0	NUM
ejge-4308	281	1	-5	-5	PUNCT
ejge-4308	281	2	0	0	NUM
ejge-4308	281	3	5	5	NUM
ejge-4308	281	4	1	1	NUM
ejge-4308	281	5	0	0	NUM
ejge-4308	281	6	r	r	NOUN
ejge-4308	281	7	e	e	NOUN
ejge-4308	281	8	al	al	PROPN
ejge-4308	281	9	g	g	PROPN
ejge-4308	282	1	d	d	PROPN
ejge-4308	282	2	p	p	X
ejge-4308	282	3	p	p	X
ejge-4308	282	4	e	e	NOUN
ejge-4308	282	5	r	r	NOUN
ejge-4308	282	6	ca	can	AUX
ejge-4308	282	7	pi	pi	VERB
ejge-4308	282	8	ta	ta	PROPN
ejge-4308	282	9	g	g	PROPN
ejge-4308	282	10	ro	ro	PROPN
ejge-4308	282	11	w	w	X
ejge-4308	282	12	th	th	X
ejge-4308	282	13	r	r	NOUN
ejge-4308	282	14	a	a	DET
ejge-4308	282	15	te	te	PROPN
ejge-4308	282	16	(	(	PUNCT
ejge-4308	282	17	%	%	NOUN
ejge-4308	282	18	)	)	PUNCT
ejge-4308	282	19	0	0	NUM
ejge-4308	282	20	100	100	NUM
ejge-4308	282	21	200	200	NUM
ejge-4308	282	22	300	300	NUM
ejge-4308	282	23	400	400	NUM
ejge-4308	282	24	private	private	ADJ
ejge-4308	282	25	debt	debt	NOUN
ejge-4308	282	26	to	to	ADP
ejge-4308	282	27	gdp	gdp	NOUN
ejge-4308	282	28	thresholds	threshold	NOUN
ejge-4308	282	29	(	(	PUNCT
ejge-4308	282	30	%	%	INTJ
ejge-4308	282	31	)	)	PUNCT
ejge-4308	282	32	1	1	NUM
ejge-4308	282	33	year	year	NOUN
ejge-4308	282	34	-1	-1	NOUN
ejge-4308	282	35	0	0	NUM
ejge-4308	283	1	-5	-5	PUNCT
ejge-4308	283	2	0	0	NUM
ejge-4308	283	3	5	5	NUM
ejge-4308	283	4	1	1	NUM
ejge-4308	283	5	0	0	NUM
ejge-4308	283	6	r	r	NOUN
ejge-4308	283	7	e	e	NOUN
ejge-4308	283	8	al	al	PROPN
ejge-4308	283	9	g	g	PROPN
ejge-4308	284	1	d	d	PROPN
ejge-4308	284	2	p	p	X
ejge-4308	284	3	p	p	X
ejge-4308	284	4	e	e	NOUN
ejge-4308	284	5	r	r	NOUN
ejge-4308	284	6	ca	can	AUX
ejge-4308	284	7	pi	pi	VERB
ejge-4308	284	8	ta	ta	PROPN
ejge-4308	284	9	g	g	PROPN
ejge-4308	284	10	ro	ro	PROPN
ejge-4308	284	11	w	w	X
ejge-4308	284	12	th	th	X
ejge-4308	284	13	r	r	NOUN
ejge-4308	284	14	a	a	DET
ejge-4308	284	15	te	te	PROPN
ejge-4308	284	16	(	(	PUNCT
ejge-4308	284	17	%	%	NOUN
ejge-4308	284	18	)	)	PUNCT
ejge-4308	284	19	0	0	NUM
ejge-4308	284	20	100	100	NUM
ejge-4308	284	21	200	200	NUM
ejge-4308	284	22	300	300	NUM
ejge-4308	284	23	400	400	NUM
ejge-4308	284	24	private	private	ADJ
ejge-4308	284	25	debt	debt	NOUN
ejge-4308	284	26	to	to	ADP
ejge-4308	284	27	gdp	gdp	NOUN
ejge-4308	284	28	thresholds	threshold	NOUN
ejge-4308	284	29	(	(	PUNCT
ejge-4308	284	30	%	%	INTJ
ejge-4308	284	31	)	)	PUNCT
ejge-4308	284	32	5	5	NUM
ejge-4308	284	33	year	year	NOUN
ejge-4308	284	34	-1	-1	NOUN
ejge-4308	284	35	0	0	NUM
ejge-4308	285	1	-5	-5	PUNCT
ejge-4308	285	2	0	0	NUM
ejge-4308	285	3	5	5	NUM
ejge-4308	285	4	1	1	NUM
ejge-4308	285	5	0	0	NUM
ejge-4308	285	6	r	r	NOUN
ejge-4308	285	7	e	e	NOUN
ejge-4308	285	8	al	al	PROPN
ejge-4308	285	9	g	g	PROPN
ejge-4308	286	1	d	d	PROPN
ejge-4308	286	2	p	p	X
ejge-4308	286	3	p	p	X
ejge-4308	286	4	e	e	NOUN
ejge-4308	286	5	r	r	NOUN
ejge-4308	286	6	ca	can	AUX
ejge-4308	286	7	pi	pi	VERB
ejge-4308	286	8	ta	ta	PROPN
ejge-4308	286	9	g	g	PROPN
ejge-4308	286	10	ro	ro	PROPN
ejge-4308	286	11	w	w	X
ejge-4308	286	12	th	th	X
ejge-4308	286	13	r	r	NOUN
ejge-4308	287	1	a	a	PRON
ejge-4308	287	2	te	te	PROPN
ejge-4308	287	3	(	(	PUNCT
ejge-4308	287	4	%	%	NOUN
ejge-4308	287	5	)	)	PUNCT
ejge-4308	287	6	0	0	NUM
ejge-4308	288	1	100	100	NUM
ejge-4308	288	2	200	200	NUM
ejge-4308	288	3	private	private	ADJ
ejge-4308	288	4	debt	debt	NOUN
ejge-4308	288	5	to	to	ADP
ejge-4308	288	6	gdp	gdp	NOUN
ejge-4308	288	7	thresholds	threshold	NOUN
ejge-4308	288	8	(	(	PUNCT
ejge-4308	288	9	%	%	INTJ
ejge-4308	288	10	)	)	PUNCT
ejge-4308	288	11	10	10	NUM
ejge-4308	288	12	year	year	NOUN
ejge-4308	288	13	-1	-1	NOUN
ejge-4308	288	14	0	0	NUM
ejge-4308	289	1	-5	-5	PUNCT
ejge-4308	289	2	0	0	NUM
ejge-4308	289	3	5	5	NUM
ejge-4308	289	4	1	1	NUM
ejge-4308	289	5	0	0	NUM
ejge-4308	289	6	r	r	NOUN
ejge-4308	289	7	e	e	NOUN
ejge-4308	289	8	al	al	PROPN
ejge-4308	289	9	g	g	PROPN
ejge-4308	290	1	d	d	PROPN
ejge-4308	290	2	p	p	X
ejge-4308	290	3	p	p	X
ejge-4308	290	4	e	e	NOUN
ejge-4308	290	5	r	r	NOUN
ejge-4308	290	6	ca	can	AUX
ejge-4308	290	7	pi	pi	VERB
ejge-4308	290	8	ta	ta	PROPN
ejge-4308	290	9	g	g	PROPN
ejge-4308	290	10	ro	ro	PROPN
ejge-4308	290	11	w	w	X
ejge-4308	290	12	th	th	X
ejge-4308	290	13	r	r	NOUN
ejge-4308	291	1	a	a	PRON
ejge-4308	291	2	te	te	PROPN
ejge-4308	291	3	(	(	PUNCT
ejge-4308	291	4	%	%	NOUN
ejge-4308	291	5	)	)	PUNCT
ejge-4308	291	6	0	0	NUM
ejge-4308	292	1	100	100	NUM
ejge-4308	292	2	200	200	NUM
ejge-4308	292	3	private	private	ADJ
ejge-4308	292	4	debt	debt	NOUN
ejge-4308	292	5	to	to	ADP
ejge-4308	292	6	gdp	gdp	NOUN
ejge-4308	292	7	thresholds	threshold	NOUN
ejge-4308	292	8	(	(	PUNCT
ejge-4308	292	9	%	%	INTJ
ejge-4308	292	10	)	)	PUNCT
ejge-4308	292	11	15	15	NUM
ejge-4308	292	12	year	year	NOUN
ejge-4308	292	13	vanlaer	vanlaer	NOUN
ejge-4308	292	14	,	,	PUNCT
ejge-4308	292	15	marneffe	marneffe	PROPN
ejge-4308	292	16	,	,	PUNCT
ejge-4308	292	17	vereeck	vereeck	PROPN
ejge-4308	292	18	,	,	PUNCT
ejge-4308	292	19	van	van	PROPN
ejge-4308	292	20	overtveldt	overtveldt	PROPN
ejge-4308	292	21	●	●	X
ejge-4308	292	22	does	do	AUX
ejge-4308	292	23	debt	debt	NOUN
ejge-4308	292	24	predict	predict	VERB
ejge-4308	292	25	growth	growth	NOUN
ejge-4308	292	26	?	?	PUNCT
ejge-4308	293	1	90	90	NUM
ejge-4308	293	2	figure	figure	NOUN
ejge-4308	293	3	7	7	NUM
ejge-4308	293	4	debt	debt	NOUN
ejge-4308	293	5	trajectory	trajectory	NOUN
ejge-4308	293	6	and	and	CCONJ
ejge-4308	293	7	short	short	ADJ
ejge-4308	293	8	-	-	PUNCT
ejge-4308	293	9	term	term	NOUN
ejge-4308	293	10	economic	economic	ADJ
ejge-4308	293	11	growth	growth	NOUN
ejge-4308	293	12	figure	figure	NOUN
ejge-4308	293	13	8	8	NUM
ejge-4308	293	14	presents	present	VERB
ejge-4308	293	15	the	the	DET
ejge-4308	293	16	results	result	NOUN
ejge-4308	293	17	for	for	ADP
ejge-4308	293	18	h=15.17	h=15.17	PROPN
ejge-4308	293	19	we	we	PRON
ejge-4308	293	20	now	now	ADV
ejge-4308	293	21	find	find	VERB
ejge-4308	293	22	that	that	SCONJ
ejge-4308	293	23	the	the	DET
ejge-4308	293	24	evolution	evolution	NOUN
ejge-4308	293	25	of	of	ADP
ejge-4308	293	26	economic	economic	ADJ
ejge-4308	293	27	growth	growth	NOUN
ejge-4308	293	28	is	be	AUX
ejge-4308	293	29	very	very	ADV
ejge-4308	293	30	similar	similar	ADJ
ejge-4308	293	31	for	for	ADP
ejge-4308	293	32	countries	country	NOUN
ejge-4308	293	33	with	with	ADP
ejge-4308	293	34	increasing	increase	VERB
ejge-4308	293	35	and	and	CCONJ
ejge-4308	293	36	decreasing	decrease	VERB
ejge-4308	293	37	debt	debt	NOUN
ejge-4308	293	38	levels	level	NOUN
ejge-4308	293	39	.	.	PUNCT
ejge-4308	294	1	higher	high	ADJ
ejge-4308	294	2	levels	level	NOUN
ejge-4308	294	3	of	of	ADP
ejge-4308	294	4	debt	debt	NOUN
ejge-4308	294	5	are	be	AUX
ejge-4308	294	6	still	still	ADV
ejge-4308	294	7	correlated	correlate	VERB
ejge-4308	294	8	with	with	ADP
ejge-4308	294	9	somewhat	somewhat	ADV
ejge-4308	294	10	lower	low	ADJ
ejge-4308	294	11	growth	growth	NOUN
ejge-4308	294	12	,	,	PUNCT
ejge-4308	294	13	but	but	CCONJ
ejge-4308	294	14	there	there	PRON
ejge-4308	294	15	is	be	VERB
ejge-4308	294	16	no	no	DET
ejge-4308	294	17	impact	impact	NOUN
ejge-4308	294	18	on	on	ADP
ejge-4308	294	19	economic	economic	ADJ
ejge-4308	294	20	performance	performance	NOUN
ejge-4308	294	21	stemming	stem	VERB
ejge-4308	294	22	from	from	ADP
ejge-4308	294	23	the	the	DET
ejge-4308	294	24	increase	increase	NOUN
ejge-4308	294	25	or	or	CCONJ
ejge-4308	294	26	decrease	decrease	NOUN
ejge-4308	294	27	of	of	ADP
ejge-4308	294	28	debt	debt	NOUN
ejge-4308	294	29	levels	level	NOUN
ejge-4308	294	30	.	.	PUNCT
ejge-4308	295	1	17	17	NUM
ejge-4308	295	2	we	we	PRON
ejge-4308	295	3	get	get	VERB
ejge-4308	295	4	similar	similar	ADJ
ejge-4308	295	5	results	result	NOUN
ejge-4308	295	6	for	for	ADP
ejge-4308	295	7	h=5	h=5	PROPN
ejge-4308	295	8	and	and	CCONJ
ejge-4308	295	9	h=10	h=10	PROPN
ejge-4308	295	10	.	.	PUNCT
ejge-4308	296	1	-1	-1	NOUN
ejge-4308	296	2	0	0	NUM
ejge-4308	297	1	-5	-5	PUNCT
ejge-4308	297	2	0	0	NUM
ejge-4308	297	3	5	5	NUM
ejge-4308	297	4	10	10	NUM
ejge-4308	297	5	r	r	NOUN
ejge-4308	297	6	ea	ea	NOUN
ejge-4308	297	7	l	l	NOUN
ejge-4308	297	8	g	g	PROPN
ejge-4308	298	1	d	d	X
ejge-4308	298	2	p	p	X
ejge-4308	298	3	p	p	X
ejge-4308	299	1	er	er	INTJ
ejge-4308	299	2	c	c	NOUN
ejge-4308	299	3	ap	ap	PROPN
ejge-4308	299	4	ita	ita	PROPN
ejge-4308	299	5	g	g	PROPN
ejge-4308	299	6	ro	ro	PROPN
ejge-4308	299	7	w	w	X
ejge-4308	299	8	th	th	NOUN
ejge-4308	299	9	r	r	NOUN
ejge-4308	299	10	at	at	ADP
ejge-4308	299	11	e	e	NOUN
ejge-4308	299	12	(	(	PUNCT
ejge-4308	299	13	%	%	NOUN
ejge-4308	299	14	)	)	PUNCT
ejge-4308	299	15	0	0	NUM
ejge-4308	299	16	100	100	NUM
ejge-4308	299	17	200	200	NUM
ejge-4308	299	18	300	300	NUM
ejge-4308	299	19	400	400	NUM
ejge-4308	299	20	500	500	NUM
ejge-4308	299	21	total	total	ADJ
ejge-4308	299	22	debt	debt	NOUN
ejge-4308	299	23	to	to	ADP
ejge-4308	299	24	gdp	gdp	NOUN
ejge-4308	299	25	thresholds	threshold	NOUN
ejge-4308	299	26	(	(	PUNCT
ejge-4308	299	27	%	%	INTJ
ejge-4308	299	28	)	)	PUNCT
ejge-4308	299	29	1	1	NUM
ejge-4308	299	30	year	year	NOUN
ejge-4308	299	31	debt	debt	NOUN
ejge-4308	299	32	rising	rise	VERB
ejge-4308	299	33	-1	-1	PUNCT
ejge-4308	299	34	0	0	PUNCT
ejge-4308	300	1	-5	-5	PUNCT
ejge-4308	300	2	0	0	NUM
ejge-4308	300	3	5	5	NUM
ejge-4308	300	4	10	10	NUM
ejge-4308	300	5	r	r	NOUN
ejge-4308	300	6	ea	ea	NOUN
ejge-4308	300	7	l	l	NOUN
ejge-4308	300	8	g	g	PROPN
ejge-4308	301	1	d	d	X
ejge-4308	301	2	p	p	X
ejge-4308	301	3	p	p	X
ejge-4308	302	1	er	er	INTJ
ejge-4308	302	2	c	c	NOUN
ejge-4308	302	3	ap	ap	PROPN
ejge-4308	302	4	ita	ita	PROPN
ejge-4308	302	5	g	g	PROPN
ejge-4308	302	6	ro	ro	PROPN
ejge-4308	302	7	w	w	X
ejge-4308	302	8	th	th	NOUN
ejge-4308	302	9	r	r	NOUN
ejge-4308	302	10	at	at	ADP
ejge-4308	302	11	e	e	NOUN
ejge-4308	302	12	(	(	PUNCT
ejge-4308	302	13	%	%	NOUN
ejge-4308	302	14	)	)	PUNCT
ejge-4308	302	15	0	0	NUM
ejge-4308	302	16	100	100	NUM
ejge-4308	302	17	200	200	NUM
ejge-4308	302	18	300	300	NUM
ejge-4308	302	19	400	400	NUM
ejge-4308	302	20	500	500	NUM
ejge-4308	302	21	total	total	ADJ
ejge-4308	302	22	debt	debt	NOUN
ejge-4308	302	23	to	to	ADP
ejge-4308	302	24	gdp	gdp	NOUN
ejge-4308	302	25	thresholds	threshold	NOUN
ejge-4308	302	26	(	(	PUNCT
ejge-4308	302	27	%	%	INTJ
ejge-4308	302	28	)	)	PUNCT
ejge-4308	302	29	1	1	NUM
ejge-4308	302	30	year	year	NOUN
ejge-4308	302	31	debt	debt	NOUN
ejge-4308	302	32	falling	fall	VERB
ejge-4308	302	33	european	european	PROPN
ejge-4308	302	34	journal	journal	PROPN
ejge-4308	302	35	of	of	ADP
ejge-4308	302	36	government	government	NOUN
ejge-4308	302	37	and	and	CCONJ
ejge-4308	302	38	economics	economic	NOUN
ejge-4308	302	39	4(2	4(2	NUM
ejge-4308	302	40	)	)	PUNCT
ejge-4308	303	1	91	91	NUM
ejge-4308	303	2	figure	figure	NOUN
ejge-4308	303	3	8	8	NUM
ejge-4308	303	4	debt	debt	NOUN
ejge-4308	303	5	trajectory	trajectory	NOUN
ejge-4308	303	6	and	and	CCONJ
ejge-4308	303	7	long	long	ADJ
ejge-4308	303	8	-	-	PUNCT
ejge-4308	303	9	term	term	NOUN
ejge-4308	303	10	economic	economic	ADJ
ejge-4308	303	11	growth	growth	NOUN
ejge-4308	303	12	5	5	NUM
ejge-4308	303	13	.	.	PUNCT
ejge-4308	303	14	changes	change	NOUN
ejge-4308	303	15	in	in	ADP
ejge-4308	303	16	total	total	ADJ
ejge-4308	303	17	debt	debt	NOUN
ejge-4308	303	18	levels	level	NOUN
ejge-4308	303	19	and	and	CCONJ
ejge-4308	303	20	economic	economic	ADJ
ejge-4308	303	21	growth	growth	NOUN
ejge-4308	303	22	5.1	5.1	NUM
ejge-4308	303	23	general	general	ADJ
ejge-4308	303	24	in	in	ADP
ejge-4308	303	25	our	our	PRON
ejge-4308	303	26	previous	previous	ADJ
ejge-4308	303	27	analysis	analysis	NOUN
ejge-4308	303	28	,	,	PUNCT
ejge-4308	303	29	we	we	PRON
ejge-4308	303	30	have	have	AUX
ejge-4308	303	31	found	find	VERB
ejge-4308	303	32	that	that	SCONJ
ejge-4308	303	33	in	in	ADP
ejge-4308	303	34	the	the	DET
ejge-4308	303	35	short	short	ADJ
ejge-4308	303	36	term	term	NOUN
ejge-4308	303	37	,	,	PUNCT
ejge-4308	303	38	high	high	ADJ
ejge-4308	303	39	total	total	ADJ
ejge-4308	303	40	debt	debt	NOUN
ejge-4308	303	41	levels	level	NOUN
ejge-4308	303	42	in	in	ADP
ejge-4308	303	43	an	an	DET
ejge-4308	303	44	economy	economy	NOUN
ejge-4308	303	45	are	be	AUX
ejge-4308	303	46	correlated	correlate	VERB
ejge-4308	303	47	to	to	PART
ejge-4308	303	48	lower	lower	VERB
ejge-4308	303	49	economic	economic	ADJ
ejge-4308	303	50	growth	growth	NOUN
ejge-4308	303	51	,	,	PUNCT
ejge-4308	303	52	but	but	CCONJ
ejge-4308	303	53	the	the	DET
ejge-4308	303	54	effect	effect	NOUN
ejge-4308	303	55	becomes	become	VERB
ejge-4308	303	56	less	less	ADV
ejge-4308	303	57	pronounced	pronounced	ADJ
ejge-4308	303	58	in	in	ADP
ejge-4308	303	59	the	the	DET
ejge-4308	303	60	the	the	DET
ejge-4308	303	61	medium	medium	ADJ
ejge-4308	303	62	and	and	CCONJ
ejge-4308	303	63	long	long	ADJ
ejge-4308	303	64	run	run	NOUN
ejge-4308	303	65	.	.	PUNCT
ejge-4308	304	1	moreover	moreover	ADV
ejge-4308	304	2	,	,	PUNCT
ejge-4308	304	3	we	we	PRON
ejge-4308	304	4	have	have	AUX
ejge-4308	304	5	concluded	conclude	VERB
ejge-4308	304	6	that	that	SCONJ
ejge-4308	304	7	the	the	DET
ejge-4308	304	8	debt	debt	NOUN
ejge-4308	304	9	trajectory	trajectory	NOUN
ejge-4308	304	10	has	have	VERB
ejge-4308	304	11	little	little	ADJ
ejge-4308	304	12	to	to	ADP
ejge-4308	304	13	no	no	DET
ejge-4308	304	14	impact	impact	NOUN
ejge-4308	304	15	on	on	ADP
ejge-4308	304	16	growth	growth	NOUN
ejge-4308	304	17	.	.	PUNCT
ejge-4308	305	1	in	in	ADP
ejge-4308	305	2	this	this	DET
ejge-4308	305	3	section	section	NOUN
ejge-4308	305	4	,	,	PUNCT
ejge-4308	305	5	we	we	PRON
ejge-4308	305	6	evaluate	evaluate	VERB
ejge-4308	305	7	whether	whether	SCONJ
ejge-4308	305	8	changes	change	NOUN
ejge-4308	305	9	in	in	ADP
ejge-4308	305	10	debt	debt	NOUN
ejge-4308	305	11	levels	level	NOUN
ejge-4308	305	12	have	have	VERB
ejge-4308	305	13	a	a	DET
ejge-4308	305	14	significant	significant	ADJ
ejge-4308	305	15	impact	impact	NOUN
ejge-4308	305	16	on	on	ADP
ejge-4308	305	17	gdp	gdp	NOUN
ejge-4308	305	18	per	per	ADP
ejge-4308	305	19	capita	capita	NOUN
ejge-4308	305	20	growth	growth	NOUN
ejge-4308	305	21	.	.	PUNCT
ejge-4308	306	1	heretofore	heretofore	ADV
ejge-4308	306	2	,	,	PUNCT
ejge-4308	306	3	we	we	PRON
ejge-4308	306	4	have	have	AUX
ejge-4308	306	5	looked	look	VERB
ejge-4308	306	6	at	at	ADP
ejge-4308	306	7	the	the	DET
ejge-4308	306	8	stock	stock	NOUN
ejge-4308	306	9	of	of	ADP
ejge-4308	306	10	debt	debt	NOUN
ejge-4308	306	11	;	;	PUNCT
ejge-4308	306	12	we	we	PRON
ejge-4308	306	13	will	will	AUX
ejge-4308	306	14	now	now	ADV
ejge-4308	306	15	scrutinize	scrutinize	VERB
ejge-4308	306	16	debt	debt	NOUN
ejge-4308	306	17	flows	flow	NOUN
ejge-4308	306	18	.	.	PUNCT
ejge-4308	307	1	5.2	5.2	NUM
ejge-4308	307	2	short	short	ADJ
ejge-4308	307	3	-	-	PUNCT
ejge-4308	307	4	term	term	NOUN
ejge-4308	307	5	(	(	PUNCT
ejge-4308	307	6	1	1	NUM
ejge-4308	307	7	year	year	NOUN
ejge-4308	307	8	)	)	PUNCT
ejge-4308	307	9	in	in	ADP
ejge-4308	307	10	figure	figure	NOUN
ejge-4308	307	11	9	9	NUM
ejge-4308	307	12	,	,	PUNCT
ejge-4308	307	13	we	we	PRON
ejge-4308	307	14	plot	plot	VERB
ejge-4308	307	15	the	the	DET
ejge-4308	307	16	average	average	ADJ
ejge-4308	307	17	growth	growth	NOUN
ejge-4308	307	18	rate	rate	NOUN
ejge-4308	307	19	of	of	ADP
ejge-4308	307	20	countries	country	NOUN
ejge-4308	307	21	the	the	DET
ejge-4308	307	22	year	year	NOUN
ejge-4308	307	23	after	after	SCONJ
ejge-4308	307	24	they	they	PRON
ejge-4308	307	25	reached	reach	VERB
ejge-4308	307	26	a	a	DET
ejge-4308	307	27	particular	particular	ADJ
ejge-4308	307	28	change	change	NOUN
ejge-4308	307	29	in	in	ADP
ejge-4308	307	30	total	total	ADJ
ejge-4308	307	31	debt	debt	NOUN
ejge-4308	307	32	level	level	NOUN
ejge-4308	307	33	θ	θ	NOUN
ejge-4308	307	34	,	,	PUNCT
ejge-4308	307	35	that	that	PRON
ejge-4308	307	36	is18	is18	PROPN
ejge-4308	307	37	:	:	PUNCT
ejge-4308	307	38	bit	bit	NOUN
ejge-4308	307	39	–	–	PUNCT
ejge-4308	307	40	bit-1	bit-1	ADP
ejge-4308	307	41	=	=	SYM
ejge-4308	307	42	θ	θ	NOUN
ejge-4308	307	43	.	.	PUNCT
ejge-4308	308	1	the	the	DET
ejge-4308	308	2	graph	graph	NOUN
ejge-4308	308	3	does	do	AUX
ejge-4308	308	4	show	show	VERB
ejge-4308	308	5	that	that	SCONJ
ejge-4308	308	6	a	a	DET
ejge-4308	308	7	rapid	rapid	ADJ
ejge-4308	308	8	accumulation	accumulation	NOUN
ejge-4308	308	9	of	of	ADP
ejge-4308	308	10	debt	debt	NOUN
ejge-4308	308	11	is	be	AUX
ejge-4308	308	12	correlated	correlate	VERB
ejge-4308	308	13	with	with	ADP
ejge-4308	308	14	lower	low	ADJ
ejge-4308	308	15	economic	economic	ADJ
ejge-4308	308	16	growth	growth	NOUN
ejge-4308	308	17	,	,	PUNCT
ejge-4308	308	18	but	but	CCONJ
ejge-4308	308	19	the	the	DET
ejge-4308	308	20	relationship	relationship	NOUN
ejge-4308	308	21	is	be	AUX
ejge-4308	308	22	rather	rather	ADV
ejge-4308	308	23	weak	weak	ADJ
ejge-4308	308	24	.	.	PUNCT
ejge-4308	309	1	this	this	PRON
ejge-4308	309	2	is	be	AUX
ejge-4308	309	3	also	also	ADV
ejge-4308	309	4	confirmed	confirm	VERB
ejge-4308	309	5	by	by	ADP
ejge-4308	309	6	spearman	spearman	NOUN
ejge-4308	309	7	’s	’s	PART
ejge-4308	309	8	rank	rank	NOUN
ejge-4308	309	9	correlation	correlation	NOUN
ejge-4308	309	10	coefficient	coefficient	NOUN
ejge-4308	309	11	,	,	PUNCT
ejge-4308	309	12	which	which	PRON
ejge-4308	309	13	is	be	AUX
ejge-4308	309	14	only	only	ADV
ejge-4308	309	15	-0.08	-0.08	NUM
ejge-4308	309	16	.	.	PROPN
ejge-4308	309	17	18	18	NUM
ejge-4308	309	18	the	the	DET
ejge-4308	309	19	reason	reason	NOUN
ejge-4308	309	20	why	why	SCONJ
ejge-4308	309	21	we	we	PRON
ejge-4308	309	22	use	use	VERB
ejge-4308	309	23	“	"	PUNCT
ejge-4308	309	24	=	=	NOUN
ejge-4308	309	25	”	"	PUNCT
ejge-4308	309	26	in	in	ADP
ejge-4308	309	27	this	this	DET
ejge-4308	309	28	part	part	NOUN
ejge-4308	309	29	of	of	ADP
ejge-4308	309	30	our	our	PRON
ejge-4308	309	31	analysis	analysis	NOUN
ejge-4308	309	32	instead	instead	ADV
ejge-4308	309	33	of	of	ADP
ejge-4308	309	34	“	"	PUNCT
ejge-4308	309	35	≥	≥	X
ejge-4308	309	36	”	"	PUNCT
ejge-4308	309	37	is	be	AUX
ejge-4308	309	38	twofold	twofold	ADV
ejge-4308	309	39	.	.	PUNCT
ejge-4308	310	1	firstly	firstly	ADV
ejge-4308	310	2	,	,	PUNCT
ejge-4308	310	3	we	we	PRON
ejge-4308	310	4	have	have	VERB
ejge-4308	310	5	positive	positive	ADJ
ejge-4308	310	6	as	as	ADV
ejge-4308	310	7	well	well	ADV
ejge-4308	310	8	as	as	ADP
ejge-4308	310	9	negative	negative	ADJ
ejge-4308	310	10	values	value	NOUN
ejge-4308	310	11	for	for	ADP
ejge-4308	310	12	θ	θ	PROPN
ejge-4308	310	13	,	,	PUNCT
ejge-4308	310	14	which	which	PRON
ejge-4308	310	15	renders	render	VERB
ejge-4308	310	16	the	the	DET
ejge-4308	310	17	notion	notion	NOUN
ejge-4308	310	18	of	of	ADP
ejge-4308	310	19	“	"	PUNCT
ejge-4308	310	20	exceeding	exceed	VERB
ejge-4308	310	21	a	a	DET
ejge-4308	310	22	certain	certain	ADJ
ejge-4308	310	23	threshold	threshold	NOUN
ejge-4308	310	24	”	"	PUNCT
ejge-4308	310	25	less	less	ADV
ejge-4308	310	26	straightforward	straightforward	ADJ
ejge-4308	310	27	to	to	PART
ejge-4308	310	28	interpret	interpret	VERB
ejge-4308	310	29	.	.	PUNCT
ejge-4308	311	1	secondly	secondly	ADV
ejge-4308	311	2	,	,	PUNCT
ejge-4308	311	3	if	if	SCONJ
ejge-4308	311	4	we	we	PRON
ejge-4308	311	5	would	would	AUX
ejge-4308	311	6	use	use	VERB
ejge-4308	311	7	“	"	PUNCT
ejge-4308	311	8	≥	≥	X
ejge-4308	311	9	”	"	PUNCT
ejge-4308	311	10	,	,	PUNCT
ejge-4308	311	11	then	then	ADV
ejge-4308	311	12	exceeding	exceed	VERB
ejge-4308	311	13	a	a	DET
ejge-4308	311	14	threshold	threshold	NOUN
ejge-4308	311	15	of	of	ADP
ejge-4308	311	16	e.g.	e.g.	ADV
ejge-4308	311	17	1	1	NUM
ejge-4308	311	18	%	%	NOUN
ejge-4308	311	19	would	would	AUX
ejge-4308	311	20	imply	imply	VERB
ejge-4308	311	21	that	that	SCONJ
ejge-4308	311	22	we	we	PRON
ejge-4308	311	23	use	use	VERB
ejge-4308	311	24	all	all	DET
ejge-4308	311	25	observations	observation	NOUN
ejge-4308	311	26	not	not	PART
ejge-4308	311	27	just	just	ADV
ejge-4308	311	28	where	where	SCONJ
ejge-4308	311	29	there	there	PRON
ejge-4308	311	30	is	be	VERB
ejge-4308	311	31	a	a	DET
ejge-4308	311	32	debt	debt	NOUN
ejge-4308	311	33	increase	increase	NOUN
ejge-4308	311	34	of	of	ADP
ejge-4308	311	35	1	1	NUM
ejge-4308	311	36	%	%	NOUN
ejge-4308	311	37	,	,	PUNCT
ejge-4308	311	38	but	but	CCONJ
ejge-4308	311	39	also	also	ADV
ejge-4308	311	40	where	where	SCONJ
ejge-4308	311	41	debt	debt	NOUN
ejge-4308	311	42	increases	increase	VERB
ejge-4308	311	43	by	by	ADP
ejge-4308	311	44	2	2	NUM
ejge-4308	311	45	%	%	NOUN
ejge-4308	311	46	,	,	PUNCT
ejge-4308	311	47	3	3	NUM
ejge-4308	311	48	%	%	NOUN
ejge-4308	311	49	,	,	PUNCT
ejge-4308	311	50	4	4	NUM
ejge-4308	311	51	%	%	NOUN
ejge-4308	311	52	,	,	PUNCT
ejge-4308	311	53	etc	etc	X
ejge-4308	311	54	.	.	X
ejge-4308	312	1	this	this	DET
ejge-4308	312	2	way	way	NOUN
ejge-4308	312	3	,	,	PUNCT
ejge-4308	312	4	certain	certain	ADJ
ejge-4308	312	5	thresholds	threshold	NOUN
ejge-4308	312	6	would	would	AUX
ejge-4308	312	7	have	have	VERB
ejge-4308	312	8	hundreds	hundred	NOUN
ejge-4308	312	9	of	of	ADP
ejge-4308	312	10	observations	observation	NOUN
ejge-4308	312	11	,	,	PUNCT
ejge-4308	312	12	which	which	PRON
ejge-4308	312	13	would	would	AUX
ejge-4308	312	14	make	make	VERB
ejge-4308	312	15	our	our	PRON
ejge-4308	312	16	analysis	analysis	NOUN
ejge-4308	312	17	rather	rather	ADV
ejge-4308	312	18	meaningless	meaningless	ADJ
ejge-4308	312	19	.	.	PUNCT
ejge-4308	313	1	-1	-1	X
ejge-4308	313	2	0	0	NUM
ejge-4308	314	1	-5	-5	PUNCT
ejge-4308	314	2	0	0	NUM
ejge-4308	314	3	5	5	NUM
ejge-4308	314	4	10	10	NUM
ejge-4308	314	5	r	r	NOUN
ejge-4308	314	6	ea	ea	NOUN
ejge-4308	314	7	l	l	NOUN
ejge-4308	314	8	g	g	PROPN
ejge-4308	315	1	d	d	X
ejge-4308	315	2	p	p	X
ejge-4308	315	3	p	p	X
ejge-4308	316	1	er	er	INTJ
ejge-4308	316	2	c	c	NOUN
ejge-4308	316	3	ap	ap	PROPN
ejge-4308	316	4	ita	ita	PROPN
ejge-4308	316	5	g	g	PROPN
ejge-4308	316	6	ro	ro	PROPN
ejge-4308	316	7	w	w	X
ejge-4308	316	8	th	th	NOUN
ejge-4308	316	9	r	r	NOUN
ejge-4308	316	10	at	at	ADP
ejge-4308	316	11	e	e	NOUN
ejge-4308	316	12	(	(	PUNCT
ejge-4308	316	13	%	%	NOUN
ejge-4308	316	14	)	)	PUNCT
ejge-4308	316	15	0	0	NUM
ejge-4308	317	1	100	100	NUM
ejge-4308	317	2	200	200	NUM
ejge-4308	317	3	300	300	NUM
ejge-4308	317	4	total	total	ADJ
ejge-4308	317	5	debt	debt	NOUN
ejge-4308	317	6	to	to	ADP
ejge-4308	317	7	gdp	gdp	NOUN
ejge-4308	317	8	thresholds	threshold	NOUN
ejge-4308	317	9	(	(	PUNCT
ejge-4308	317	10	%	%	INTJ
ejge-4308	317	11	)	)	PUNCT
ejge-4308	317	12	15	15	NUM
ejge-4308	317	13	year	year	NOUN
ejge-4308	317	14	debt	debt	NOUN
ejge-4308	317	15	rising	rise	VERB
ejge-4308	317	16	-1	-1	PUNCT
ejge-4308	317	17	0	0	PUNCT
ejge-4308	318	1	-5	-5	PUNCT
ejge-4308	318	2	0	0	NUM
ejge-4308	318	3	5	5	NUM
ejge-4308	318	4	10	10	NUM
ejge-4308	318	5	r	r	NOUN
ejge-4308	318	6	ea	ea	NOUN
ejge-4308	318	7	l	l	NOUN
ejge-4308	318	8	g	g	PROPN
ejge-4308	319	1	d	d	X
ejge-4308	319	2	p	p	X
ejge-4308	319	3	p	p	X
ejge-4308	320	1	er	er	INTJ
ejge-4308	320	2	c	c	NOUN
ejge-4308	320	3	ap	ap	PROPN
ejge-4308	320	4	ita	ita	PROPN
ejge-4308	320	5	g	g	PROPN
ejge-4308	320	6	ro	ro	PROPN
ejge-4308	320	7	w	w	X
ejge-4308	320	8	th	th	NOUN
ejge-4308	320	9	r	r	NOUN
ejge-4308	320	10	at	at	ADP
ejge-4308	320	11	e	e	NOUN
ejge-4308	320	12	(	(	PUNCT
ejge-4308	320	13	%	%	NOUN
ejge-4308	320	14	)	)	PUNCT
ejge-4308	320	15	0	0	NUM
ejge-4308	321	1	100	100	NUM
ejge-4308	321	2	200	200	NUM
ejge-4308	321	3	300	300	NUM
ejge-4308	321	4	total	total	ADJ
ejge-4308	321	5	debt	debt	NOUN
ejge-4308	321	6	to	to	ADP
ejge-4308	321	7	gdp	gdp	NOUN
ejge-4308	321	8	thresholds	threshold	NOUN
ejge-4308	321	9	(	(	PUNCT
ejge-4308	321	10	%	%	INTJ
ejge-4308	321	11	)	)	PUNCT
ejge-4308	321	12	15	15	NUM
ejge-4308	321	13	year	year	NOUN
ejge-4308	321	14	debt	debt	NOUN
ejge-4308	321	15	falling	fall	VERB
ejge-4308	321	16	vanlaer	vanlaer	NOUN
ejge-4308	321	17	,	,	PUNCT
ejge-4308	321	18	marneffe	marneffe	PROPN
ejge-4308	321	19	,	,	PUNCT
ejge-4308	321	20	vereeck	vereeck	PROPN
ejge-4308	321	21	,	,	PUNCT
ejge-4308	321	22	van	van	PROPN
ejge-4308	321	23	overtveldt	overtveldt	PROPN
ejge-4308	321	24	●	●	X
ejge-4308	321	25	does	do	AUX
ejge-4308	321	26	debt	debt	NOUN
ejge-4308	321	27	predict	predict	VERB
ejge-4308	321	28	growth	growth	NOUN
ejge-4308	321	29	?	?	PUNCT
ejge-4308	322	1	92	92	NUM
ejge-4308	322	2	figure	figure	NOUN
ejge-4308	322	3	9	9	NUM
ejge-4308	322	4	change	change	NOUN
ejge-4308	322	5	in	in	ADP
ejge-4308	322	6	total	total	ADJ
ejge-4308	322	7	debt	debt	NOUN
ejge-4308	322	8	and	and	CCONJ
ejge-4308	322	9	short	short	ADJ
ejge-4308	322	10	-	-	PUNCT
ejge-4308	322	11	term	term	NOUN
ejge-4308	322	12	economic	economic	ADJ
ejge-4308	322	13	growth	growth	NOUN
ejge-4308	322	14	we	we	PRON
ejge-4308	322	15	now	now	ADV
ejge-4308	322	16	extend	extend	VERB
ejge-4308	322	17	our	our	PRON
ejge-4308	322	18	analysis	analysis	NOUN
ejge-4308	322	19	in	in	ADP
ejge-4308	322	20	two	two	NUM
ejge-4308	322	21	ways	way	NOUN
ejge-4308	322	22	.	.	PUNCT
ejge-4308	323	1	firstly	firstly	ADV
ejge-4308	323	2	,	,	PUNCT
ejge-4308	323	3	we	we	PRON
ejge-4308	323	4	look	look	VERB
ejge-4308	323	5	at	at	ADP
ejge-4308	323	6	changes	change	NOUN
ejge-4308	323	7	in	in	ADP
ejge-4308	323	8	total	total	ADJ
ejge-4308	323	9	debtto	debtto	ADJ
ejge-4308	323	10	-	-	PUNCT
ejge-4308	323	11	gdp	gdp	NOUN
ejge-4308	323	12	levels	level	NOUN
ejge-4308	323	13	over	over	ADP
ejge-4308	323	14	multiple	multiple	ADJ
ejge-4308	323	15	years	year	NOUN
ejge-4308	323	16	d	d	NOUN
ejge-4308	323	17	,	,	PUNCT
ejge-4308	323	18	with	with	ADP
ejge-4308	323	19	d	d	PROPN
ejge-4308	323	20	ϵ	ϵ	PROPN
ejge-4308	324	1	[	[	X
ejge-4308	324	2	1,5,10,15	1,5,10,15	PROPN
ejge-4308	324	3	]	]	X
ejge-4308	324	4	.	.	PUNCT
ejge-4308	325	1	secondly	secondly	ADV
ejge-4308	325	2	,	,	PUNCT
ejge-4308	325	3	we	we	PRON
ejge-4308	325	4	study	study	VERB
ejge-4308	325	5	the	the	DET
ejge-4308	325	6	growth	growth	NOUN
ejge-4308	325	7	performance	performance	NOUN
ejge-4308	325	8	of	of	ADP
ejge-4308	325	9	countries	country	NOUN
ejge-4308	325	10	over	over	ADP
ejge-4308	325	11	the	the	DET
ejge-4308	325	12	medium	medium	NOUN
ejge-4308	325	13	to	to	ADP
ejge-4308	325	14	long	long	ADJ
ejge-4308	325	15	term	term	NOUN
ejge-4308	325	16	h	h	NOUN
ejge-4308	325	17	,	,	PUNCT
ejge-4308	325	18	with	with	ADP
ejge-4308	325	19	h	h	NOUN
ejge-4308	325	20	ϵ	ϵ	X
ejge-4308	326	1	[	[	X
ejge-4308	326	2	1,5,10,15	1,5,10,15	PROPN
ejge-4308	326	3	]	]	PUNCT
ejge-4308	326	4	:	:	PUNCT
ejge-4308	326	5	bit	bit	NOUN
ejge-4308	326	6	–	–	PUNCT
ejge-4308	326	7	bit	bit	NOUN
ejge-4308	326	8	-	-	PUNCT
ejge-4308	326	9	d	d	NOUN
ejge-4308	326	10	=	=	SYM
ejge-4308	326	11	θ	θ	PROPN
ejge-4308	326	12	and	and	CCONJ
ejge-4308	326	13	∄	∄	NOUN
ejge-4308	327	1	j	j	PROPN
ejge-4308	328	1	ϵ	ϵ	X
ejge-4308	328	2	[	[	X
ejge-4308	328	3	1,	1,	NUM
ejge-4308	328	4	…	…	SYM
ejge-4308	328	5	,h	,h	X
ejge-4308	328	6	]	]	X
ejge-4308	328	7	s.t	s.t	PROPN
ejge-4308	328	8	.	.	PROPN
ejge-4308	328	9	bit	bit	PROPN
ejge-4308	328	10	-	-	PUNCT
ejge-4308	328	11	j	j	NOUN
ejge-4308	328	12	–	–	PUNCT
ejge-4308	328	13	bit	bit	NOUN
ejge-4308	328	14	-	-	PUNCT
ejge-4308	328	15	d	d	NOUN
ejge-4308	328	16	-	-	NOUN
ejge-4308	328	17	j	j	NOUN
ejge-4308	328	18	=	=	SYM
ejge-4308	328	19	θ	θ	PROPN
ejge-4308	328	20	.	.	PUNCT
ejge-4308	328	21	figure	figure	NOUN
ejge-4308	328	22	10	10	NUM
ejge-4308	328	23	shows	show	VERB
ejge-4308	328	24	short	short	ADJ
ejge-4308	328	25	-	-	PUNCT
ejge-4308	328	26	term	term	NOUN
ejge-4308	328	27	economic	economic	ADJ
ejge-4308	328	28	growth	growth	NOUN
ejge-4308	328	29	(	(	PUNCT
ejge-4308	328	30	h=1	h=1	NOUN
ejge-4308	328	31	)	)	PUNCT
ejge-4308	328	32	and	and	CCONJ
ejge-4308	328	33	debt	debt	NOUN
ejge-4308	328	34	accumulated	accumulate	VERB
ejge-4308	328	35	over	over	ADP
ejge-4308	328	36	1	1	NUM
ejge-4308	328	37	,	,	PUNCT
ejge-4308	328	38	5	5	NUM
ejge-4308	328	39	,	,	PUNCT
ejge-4308	328	40	10	10	NUM
ejge-4308	328	41	and	and	CCONJ
ejge-4308	328	42	15	15	NUM
ejge-4308	328	43	years	year	NOUN
ejge-4308	328	44	(	(	PUNCT
ejge-4308	328	45	i.e.	i.e.	X
ejge-4308	328	46	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	328	47	)	)	PUNCT
ejge-4308	328	48	.	.	PUNCT
ejge-4308	329	1	figure	figure	VERB
ejge-4308	329	2	10	10	NUM
ejge-4308	329	3	growth	growth	NOUN
ejge-4308	329	4	performance	performance	NOUN
ejge-4308	329	5	over	over	ADP
ejge-4308	329	6	1	1	NUM
ejge-4308	329	7	year	year	NOUN
ejge-4308	329	8	with	with	ADP
ejge-4308	329	9	debt	debt	NOUN
ejge-4308	329	10	accumulation	accumulation	NOUN
ejge-4308	329	11	over	over	ADP
ejge-4308	329	12	1	1	NUM
ejge-4308	329	13	-	-	SYM
ejge-4308	329	14	15	15	NUM
ejge-4308	329	15	year	year	NOUN
ejge-4308	329	16	(	(	PUNCT
ejge-4308	329	17	h=1	h=1	NOUN
ejge-4308	329	18	and	and	CCONJ
ejge-4308	329	19	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	329	20	)	)	PUNCT
ejge-4308	329	21	firstly	firstly	ADV
ejge-4308	329	22	,	,	PUNCT
ejge-4308	329	23	the	the	DET
ejge-4308	329	24	graphs	graph	NOUN
ejge-4308	329	25	show	show	VERB
ejge-4308	329	26	that	that	SCONJ
ejge-4308	329	27	a	a	DET
ejge-4308	329	28	rapid	rapid	ADJ
ejge-4308	329	29	accumulation	accumulation	NOUN
ejge-4308	329	30	of	of	ADP
ejge-4308	329	31	debt	debt	NOUN
ejge-4308	329	32	is	be	AUX
ejge-4308	329	33	associated	associate	VERB
ejge-4308	329	34	with	with	ADP
ejge-4308	329	35	lower	low	ADJ
ejge-4308	329	36	growth	growth	NOUN
ejge-4308	329	37	.	.	PUNCT
ejge-4308	330	1	all	all	DET
ejge-4308	330	2	four	four	NUM
ejge-4308	330	3	curves	curve	NOUN
ejge-4308	330	4	have	have	VERB
ejge-4308	330	5	a	a	DET
ejge-4308	330	6	negative	negative	ADJ
ejge-4308	330	7	slope	slope	NOUN
ejge-4308	330	8	.	.	PUNCT
ejge-4308	331	1	it	it	PRON
ejge-4308	331	2	can	can	AUX
ejge-4308	331	3	be	be	AUX
ejge-4308	331	4	observed	observe	VERB
ejge-4308	331	5	that	that	SCONJ
ejge-4308	331	6	this	this	DET
ejge-4308	331	7	correlation	correlation	NOUN
ejge-4308	331	8	is	be	AUX
ejge-4308	331	9	not	not	PART
ejge-4308	331	10	particularly	particularly	ADV
ejge-4308	331	11	strong	strong	ADJ
ejge-4308	331	12	,	,	PUNCT
ejge-4308	331	13	as	as	SCONJ
ejge-4308	331	14	shown	show	VERB
ejge-4308	331	15	by	by	ADP
ejge-4308	331	16	spearman	spearman	NOUN
ejge-4308	331	17	’s	’s	PART
ejge-4308	331	18	rank	rank	NOUN
ejge-4308	331	19	correlation	correlation	NOUN
ejge-4308	331	20	coefficient	coefficient	NOUN
ejge-4308	331	21	,	,	PUNCT
ejge-4308	331	22	which	which	PRON
ejge-4308	331	23	never	never	ADV
ejge-4308	331	24	exceeds	exceed	VERB
ejge-4308	331	25	-0.17	-0.17	NOUN
ejge-4308	331	26	.	.	PUNCT
ejge-4308	332	1	secondly	secondly	ADV
ejge-4308	332	2	,	,	PUNCT
ejge-4308	332	3	the	the	DET
ejge-4308	332	4	period	period	NOUN
ejge-4308	332	5	of	of	ADP
ejge-4308	332	6	time	time	NOUN
ejge-4308	332	7	over	over	ADP
ejge-4308	332	8	which	which	PRON
ejge-4308	332	9	debt	debt	NOUN
ejge-4308	332	10	has	have	AUX
ejge-4308	332	11	been	be	AUX
ejge-4308	332	12	built	build	VERB
ejge-4308	332	13	up	up	ADP
ejge-4308	332	14	matters	matter	NOUN
ejge-4308	332	15	.	.	PUNCT
ejge-4308	333	1	logically	logically	ADV
ejge-4308	333	2	,	,	PUNCT
ejge-4308	333	3	an	an	DET
ejge-4308	333	4	increase	increase	NOUN
ejge-4308	333	5	in	in	ADP
ejge-4308	333	6	the	the	DET
ejge-4308	333	7	total	total	ADJ
ejge-4308	333	8	debt	debt	NOUN
ejge-4308	333	9	-	-	PUNCT
ejge-4308	333	10	to	to	ADP
ejge-4308	333	11	-	-	PUNCT
ejge-4308	333	12	gdp	gdp	NOUN
ejge-4308	333	13	level	level	NOUN
ejge-4308	333	14	of	of	ADP
ejge-4308	333	15	20	20	NUM
ejge-4308	333	16	%	%	NOUN
ejge-4308	333	17	over	over	ADP
ejge-4308	333	18	1	1	NUM
ejge-4308	333	19	year	year	NOUN
ejge-4308	333	20	is	be	AUX
ejge-4308	333	21	more	more	ADV
ejge-4308	333	22	negatively	negatively	ADV
ejge-4308	333	23	correlated	correlate	VERB
ejge-4308	333	24	to	to	ADP
ejge-4308	333	25	growth	growth	NOUN
ejge-4308	333	26	than	than	ADP
ejge-4308	333	27	a	a	DET
ejge-4308	333	28	15	15	NUM
ejge-4308	333	29	year	year	NOUN
ejge-4308	333	30	building	build	VERB
ejge-4308	333	31	up	up	ADP
ejge-4308	333	32	period	period	NOUN
ejge-4308	333	33	.	.	PUNCT
ejge-4308	334	1	thirdly	thirdly	ADV
ejge-4308	334	2	,	,	PUNCT
ejge-4308	334	3	whereas	whereas	SCONJ
ejge-4308	334	4	deleveraging	deleverage	VERB
ejge-4308	334	5	(	(	PUNCT
ejge-4308	334	6	i.e.	i.e.	X
ejge-4308	334	7	negative	negative	ADJ
ejge-4308	334	8	values	value	NOUN
ejge-4308	334	9	of	of	ADP
ejge-4308	334	10	changes	change	NOUN
ejge-4308	334	11	in	in	ADP
ejge-4308	334	12	total	total	ADJ
ejge-4308	334	13	debt	debt	NOUN
ejge-4308	334	14	-	-	PUNCT
ejge-4308	334	15	to	to	ADP
ejge-4308	334	16	-	-	PUNCT
ejge-4308	334	17	gdp	gdp	NOUN
ejge-4308	334	18	levels	level	NOUN
ejge-4308	334	19	)	)	PUNCT
ejge-4308	334	20	does	do	AUX
ejge-4308	334	21	not	not	PART
ejge-4308	334	22	appear	appear	VERB
ejge-4308	334	23	to	to	PART
ejge-4308	334	24	impact	impact	VERB
ejge-4308	334	25	growth	growth	NOUN
ejge-4308	334	26	,	,	PUNCT
ejge-4308	334	27	economic	economic	ADJ
ejge-4308	334	28	performance	performance	NOUN
ejge-4308	334	29	starts	start	VERB
ejge-4308	334	30	to	to	PART
ejge-4308	334	31	deteriorate	deteriorate	VERB
ejge-4308	334	32	as	as	SCONJ
ejge-4308	334	33	debt	debt	NOUN
ejge-4308	334	34	accumulates	accumulate	VERB
ejge-4308	334	35	(	(	PUNCT
ejge-4308	334	36	i.e.	i.e.	X
ejge-4308	334	37	positive	positive	ADJ
ejge-4308	334	38	values	value	NOUN
ejge-4308	334	39	of	of	ADP
ejge-4308	334	40	changes	change	NOUN
ejge-4308	334	41	in	in	ADP
ejge-4308	334	42	total	total	ADJ
ejge-4308	334	43	debt	debt	NOUN
ejge-4308	334	44	-	-	PUNCT
ejge-4308	334	45	to	to	ADP
ejge-4308	334	46	-	-	PUNCT
ejge-4308	334	47	gdp	gdp	NOUN
ejge-4308	334	48	levels	level	NOUN
ejge-4308	334	49	)	)	PUNCT
ejge-4308	334	50	.	.	PUNCT
ejge-4308	335	1	this	this	PRON
ejge-4308	335	2	holds	hold	VERB
ejge-4308	335	3	for	for	ADP
ejge-4308	335	4	all	all	DET
ejge-4308	335	5	four	four	NUM
ejge-4308	335	6	curves	curve	NOUN
ejge-4308	335	7	.	.	PUNCT
ejge-4308	336	1	the	the	DET
ejge-4308	336	2	threshold	threshold	NOUN
ejge-4308	336	3	for	for	ADP
ejge-4308	336	4	which	which	PRON
ejge-4308	336	5	growth	growth	NOUN
ejge-4308	336	6	-1	-1	PUNCT
ejge-4308	336	7	0	0	PUNCT
ejge-4308	337	1	-5	-5	PUNCT
ejge-4308	337	2	0	0	NUM
ejge-4308	337	3	5	5	NUM
ejge-4308	337	4	10	10	NUM
ejge-4308	337	5	r	r	NOUN
ejge-4308	337	6	e	e	NOUN
ejge-4308	337	7	al	al	PROPN
ejge-4308	337	8	g	g	PROPN
ejge-4308	338	1	d	d	PROPN
ejge-4308	338	2	p	p	X
ejge-4308	338	3	p	p	X
ejge-4308	338	4	e	e	NOUN
ejge-4308	338	5	r	r	NOUN
ejge-4308	338	6	ca	can	AUX
ejge-4308	338	7	pi	pi	VERB
ejge-4308	338	8	ta	ta	PROPN
ejge-4308	338	9	g	g	PROPN
ejge-4308	338	10	ro	ro	PROPN
ejge-4308	338	11	w	w	X
ejge-4308	338	12	th	th	NOUN
ejge-4308	338	13	r	r	NOUN
ejge-4308	338	14	at	at	ADP
ejge-4308	338	15	e	e	NOUN
ejge-4308	338	16	(	(	PUNCT
ejge-4308	338	17	%	%	INTJ
ejge-4308	338	18	)	)	PUNCT
ejge-4308	338	19	-20	-20	PUNCT
ejge-4308	338	20	-10	-10	PUNCT
ejge-4308	339	1	0	0	NUM
ejge-4308	339	2	10	10	NUM
ejge-4308	339	3	20	20	NUM
ejge-4308	339	4	30	30	NUM
ejge-4308	339	5	change	change	NOUN
ejge-4308	339	6	in	in	ADP
ejge-4308	339	7	total	total	ADJ
ejge-4308	339	8	debt	debt	NOUN
ejge-4308	339	9	to	to	ADP
ejge-4308	339	10	gdp	gdp	NOUN
ejge-4308	339	11	(	(	PUNCT
ejge-4308	339	12	%	%	INTJ
ejge-4308	339	13	)	)	PUNCT
ejge-4308	339	14	accumulated	accumulate	VERB
ejge-4308	339	15	over	over	ADP
ejge-4308	339	16	1	1	NUM
ejge-4308	339	17	year	year	NOUN
ejge-4308	339	18	-1	-1	NOUN
ejge-4308	339	19	0	0	NUM
ejge-4308	340	1	-5	-5	PUNCT
ejge-4308	340	2	0	0	NUM
ejge-4308	340	3	5	5	NUM
ejge-4308	340	4	1	1	NUM
ejge-4308	340	5	0	0	NUM
ejge-4308	340	6	r	r	NOUN
ejge-4308	340	7	e	e	NOUN
ejge-4308	340	8	a	a	DET
ejge-4308	340	9	l	l	NOUN
ejge-4308	340	10	g	g	NOUN
ejge-4308	341	1	d	d	X
ejge-4308	341	2	p	p	X
ejge-4308	341	3	p	p	X
ejge-4308	341	4	e	e	NOUN
ejge-4308	341	5	r	r	NOUN
ejge-4308	341	6	ca	ca	NOUN
ejge-4308	341	7	p	p	NOUN
ejge-4308	341	8	ita	ita	PROPN
ejge-4308	341	9	g	g	PROPN
ejge-4308	341	10	ro	ro	PROPN
ejge-4308	341	11	w	w	X
ejge-4308	341	12	th	th	X
ejge-4308	341	13	r	r	NOUN
ejge-4308	341	14	a	a	DET
ejge-4308	341	15	te	te	PROPN
ejge-4308	341	16	(	(	PUNCT
ejge-4308	341	17	%	%	NOUN
ejge-4308	341	18	)	)	PUNCT
ejge-4308	341	19	-20	-20	PUNCT
ejge-4308	341	20	-10	-10	PUNCT
ejge-4308	342	1	0	0	NUM
ejge-4308	342	2	10	10	NUM
ejge-4308	342	3	20	20	NUM
ejge-4308	342	4	30	30	NUM
ejge-4308	342	5	change	change	NOUN
ejge-4308	342	6	in	in	ADP
ejge-4308	342	7	total	total	ADJ
ejge-4308	342	8	debt	debt	NOUN
ejge-4308	342	9	to	to	ADP
ejge-4308	342	10	gdp	gdp	NOUN
ejge-4308	342	11	(	(	PUNCT
ejge-4308	342	12	%	%	INTJ
ejge-4308	342	13	)	)	PUNCT
ejge-4308	342	14	accumulated	accumulate	VERB
ejge-4308	342	15	over	over	ADP
ejge-4308	342	16	1	1	NUM
ejge-4308	342	17	year	year	NOUN
ejge-4308	342	18	-1	-1	NOUN
ejge-4308	342	19	0	0	NUM
ejge-4308	343	1	-5	-5	PUNCT
ejge-4308	343	2	0	0	NUM
ejge-4308	343	3	5	5	NUM
ejge-4308	343	4	1	1	NUM
ejge-4308	343	5	0	0	NUM
ejge-4308	343	6	r	r	NOUN
ejge-4308	343	7	e	e	NOUN
ejge-4308	343	8	a	a	DET
ejge-4308	343	9	l	l	NOUN
ejge-4308	343	10	g	g	NOUN
ejge-4308	344	1	d	d	X
ejge-4308	344	2	p	p	X
ejge-4308	344	3	p	p	X
ejge-4308	344	4	e	e	NOUN
ejge-4308	344	5	r	r	NOUN
ejge-4308	344	6	ca	ca	NOUN
ejge-4308	344	7	p	p	NOUN
ejge-4308	344	8	ita	ita	PROPN
ejge-4308	344	9	g	g	PROPN
ejge-4308	344	10	ro	ro	PROPN
ejge-4308	344	11	w	w	X
ejge-4308	344	12	th	th	X
ejge-4308	344	13	r	r	NOUN
ejge-4308	344	14	a	a	DET
ejge-4308	344	15	te	te	PROPN
ejge-4308	344	16	(	(	PUNCT
ejge-4308	344	17	%	%	NOUN
ejge-4308	344	18	)	)	PUNCT
ejge-4308	344	19	-25	-25	PUNCT
ejge-4308	344	20	0	0	NUM
ejge-4308	344	21	25	25	NUM
ejge-4308	344	22	50	50	NUM
ejge-4308	344	23	75	75	NUM
ejge-4308	344	24	change	change	NOUN
ejge-4308	344	25	in	in	ADP
ejge-4308	344	26	total	total	ADJ
ejge-4308	344	27	debt	debt	NOUN
ejge-4308	344	28	to	to	ADP
ejge-4308	344	29	gdp	gdp	NOUN
ejge-4308	344	30	(	(	PUNCT
ejge-4308	344	31	%	%	INTJ
ejge-4308	344	32	)	)	PUNCT
ejge-4308	344	33	accumulated	accumulate	VERB
ejge-4308	344	34	over	over	ADP
ejge-4308	344	35	5	5	NUM
ejge-4308	344	36	years	year	NOUN
ejge-4308	344	37	-1	-1	NOUN
ejge-4308	344	38	0	0	PUNCT
ejge-4308	345	1	-5	-5	PUNCT
ejge-4308	345	2	0	0	NUM
ejge-4308	345	3	5	5	NUM
ejge-4308	345	4	1	1	NUM
ejge-4308	345	5	0	0	NUM
ejge-4308	345	6	r	r	NOUN
ejge-4308	345	7	e	e	NOUN
ejge-4308	345	8	a	a	DET
ejge-4308	345	9	l	l	NOUN
ejge-4308	345	10	g	g	NOUN
ejge-4308	346	1	d	d	X
ejge-4308	346	2	p	p	X
ejge-4308	346	3	p	p	X
ejge-4308	346	4	e	e	NOUN
ejge-4308	346	5	r	r	NOUN
ejge-4308	346	6	ca	ca	NOUN
ejge-4308	346	7	p	p	NOUN
ejge-4308	346	8	ita	ita	PROPN
ejge-4308	346	9	g	g	PROPN
ejge-4308	346	10	ro	ro	PROPN
ejge-4308	346	11	w	w	X
ejge-4308	346	12	th	th	X
ejge-4308	346	13	r	r	NOUN
ejge-4308	346	14	a	a	DET
ejge-4308	346	15	te	te	PROPN
ejge-4308	346	16	(	(	PUNCT
ejge-4308	346	17	%	%	NOUN
ejge-4308	346	18	)	)	PUNCT
ejge-4308	346	19	-50	-50	PUNCT
ejge-4308	346	20	-25	-25	PUNCT
ejge-4308	346	21	0	0	NUM
ejge-4308	346	22	25	25	NUM
ejge-4308	346	23	50	50	NUM
ejge-4308	346	24	75	75	NUM
ejge-4308	346	25	100	100	NUM
ejge-4308	346	26	change	change	NOUN
ejge-4308	346	27	in	in	ADP
ejge-4308	346	28	total	total	ADJ
ejge-4308	346	29	debt	debt	NOUN
ejge-4308	346	30	to	to	ADP
ejge-4308	346	31	gdp	gdp	NOUN
ejge-4308	346	32	(	(	PUNCT
ejge-4308	346	33	%	%	INTJ
ejge-4308	346	34	)	)	PUNCT
ejge-4308	346	35	accumulated	accumulate	VERB
ejge-4308	346	36	over	over	ADP
ejge-4308	346	37	10	10	NUM
ejge-4308	346	38	years	year	NOUN
ejge-4308	346	39	-1	-1	ADP
ejge-4308	346	40	0	0	PUNCT
ejge-4308	347	1	-5	-5	PUNCT
ejge-4308	347	2	0	0	NUM
ejge-4308	347	3	5	5	NUM
ejge-4308	347	4	1	1	NUM
ejge-4308	347	5	0	0	NUM
ejge-4308	347	6	r	r	NOUN
ejge-4308	347	7	e	e	NOUN
ejge-4308	347	8	a	a	DET
ejge-4308	347	9	l	l	NOUN
ejge-4308	347	10	g	g	NOUN
ejge-4308	348	1	d	d	X
ejge-4308	348	2	p	p	X
ejge-4308	348	3	p	p	X
ejge-4308	348	4	e	e	NOUN
ejge-4308	348	5	r	r	NOUN
ejge-4308	348	6	ca	ca	NOUN
ejge-4308	348	7	p	p	NOUN
ejge-4308	348	8	ita	ita	PROPN
ejge-4308	348	9	g	g	PROPN
ejge-4308	348	10	ro	ro	PROPN
ejge-4308	348	11	w	w	X
ejge-4308	348	12	th	th	X
ejge-4308	348	13	r	r	NOUN
ejge-4308	348	14	a	a	DET
ejge-4308	348	15	te	te	PROPN
ejge-4308	348	16	(	(	PUNCT
ejge-4308	348	17	%	%	NOUN
ejge-4308	348	18	)	)	PUNCT
ejge-4308	348	19	-50	-50	PUNCT
ejge-4308	348	20	0	0	NUM
ejge-4308	348	21	50	50	NUM
ejge-4308	348	22	100	100	NUM
ejge-4308	348	23	150	150	NUM
ejge-4308	348	24	change	change	NOUN
ejge-4308	348	25	in	in	ADP
ejge-4308	348	26	total	total	ADJ
ejge-4308	348	27	debt	debt	NOUN
ejge-4308	348	28	to	to	ADP
ejge-4308	348	29	gdp	gdp	NOUN
ejge-4308	348	30	(	(	PUNCT
ejge-4308	348	31	%	%	INTJ
ejge-4308	348	32	)	)	PUNCT
ejge-4308	348	33	accumulated	accumulate	VERB
ejge-4308	348	34	over	over	ADP
ejge-4308	348	35	15	15	NUM
ejge-4308	348	36	years	year	NOUN
ejge-4308	348	37	european	european	PROPN
ejge-4308	348	38	journal	journal	PROPN
ejge-4308	348	39	of	of	ADP
ejge-4308	348	40	government	government	NOUN
ejge-4308	348	41	and	and	CCONJ
ejge-4308	348	42	economics	economic	NOUN
ejge-4308	348	43	4(2	4(2	NUM
ejge-4308	348	44	)	)	PUNCT
ejge-4308	348	45	93	93	NUM
ejge-4308	348	46	starts	start	VERB
ejge-4308	348	47	to	to	PART
ejge-4308	348	48	slow	slow	VERB
ejge-4308	348	49	down	down	ADP
ejge-4308	348	50	,	,	PUNCT
ejge-4308	348	51	increases	increase	NOUN
ejge-4308	348	52	as	as	ADP
ejge-4308	348	53	the	the	DET
ejge-4308	348	54	period	period	NOUN
ejge-4308	348	55	over	over	ADP
ejge-4308	348	56	which	which	PRON
ejge-4308	348	57	debt	debt	NOUN
ejge-4308	348	58	is	be	AUX
ejge-4308	348	59	accumulated	accumulate	VERB
ejge-4308	348	60	is	be	AUX
ejge-4308	348	61	extended	extend	VERB
ejge-4308	348	62	.	.	PUNCT
ejge-4308	349	1	for	for	ADP
ejge-4308	349	2	example	example	NOUN
ejge-4308	349	3	,	,	PUNCT
ejge-4308	349	4	economic	economic	ADJ
ejge-4308	349	5	performance	performance	NOUN
ejge-4308	349	6	remains	remain	VERB
ejge-4308	349	7	quite	quite	ADV
ejge-4308	349	8	constant	constant	ADJ
ejge-4308	349	9	for	for	ADP
ejge-4308	349	10	d=5	d=5	PUNCT
ejge-4308	349	11	until	until	ADP
ejge-4308	349	12	a	a	DET
ejge-4308	349	13	25	25	NUM
ejge-4308	349	14	%	%	NOUN
ejge-4308	349	15	increase	increase	NOUN
ejge-4308	349	16	in	in	ADP
ejge-4308	349	17	debt	debt	NOUN
ejge-4308	349	18	.	.	PUNCT
ejge-4308	350	1	for	for	ADP
ejge-4308	350	2	d=15	d=15	PRON
ejge-4308	350	3	,	,	PUNCT
ejge-4308	350	4	an	an	DET
ejge-4308	350	5	increase	increase	NOUN
ejge-4308	350	6	in	in	ADP
ejge-4308	350	7	debt	debt	NOUN
ejge-4308	350	8	of	of	ADP
ejge-4308	350	9	50	50	NUM
ejge-4308	350	10	%	%	NOUN
ejge-4308	350	11	must	must	AUX
ejge-4308	350	12	be	be	AUX
ejge-4308	350	13	reached	reach	VERB
ejge-4308	350	14	before	before	SCONJ
ejge-4308	350	15	we	we	PRON
ejge-4308	350	16	see	see	VERB
ejge-4308	350	17	a	a	DET
ejge-4308	350	18	negative	negative	ADJ
ejge-4308	350	19	impact	impact	NOUN
ejge-4308	350	20	on	on	ADP
ejge-4308	350	21	growth	growth	NOUN
ejge-4308	350	22	.	.	PUNCT
ejge-4308	351	1	finally	finally	ADV
ejge-4308	351	2	,	,	PUNCT
ejge-4308	351	3	all	all	DET
ejge-4308	351	4	regression	regression	NOUN
ejge-4308	351	5	coefficients	coefficient	NOUN
ejge-4308	351	6	were	be	AUX
ejge-4308	351	7	compared	compare	VERB
ejge-4308	351	8	and	and	CCONJ
ejge-4308	351	9	found	find	VERB
ejge-4308	351	10	to	to	PART
ejge-4308	351	11	be	be	AUX
ejge-4308	351	12	significantly	significantly	ADV
ejge-4308	351	13	different	different	ADJ
ejge-4308	351	14	across	across	ADP
ejge-4308	351	15	the	the	DET
ejge-4308	351	16	four	four	NUM
ejge-4308	351	17	groups	group	NOUN
ejge-4308	351	18	(	(	PUNCT
ejge-4308	351	19	p	p	X
ejge-4308	351	20	=	=	NOUN
ejge-4308	351	21	0.0000	0.0000	NUM
ejge-4308	351	22	)	)	PUNCT
ejge-4308	351	23	.	.	PUNCT
ejge-4308	352	1	again	again	ADV
ejge-4308	352	2	,	,	PUNCT
ejge-4308	352	3	our	our	PRON
ejge-4308	352	4	analysis	analysis	NOUN
ejge-4308	352	5	does	do	AUX
ejge-4308	352	6	not	not	PART
ejge-4308	352	7	change	change	VERB
ejge-4308	352	8	if	if	SCONJ
ejge-4308	352	9	we	we	PRON
ejge-4308	352	10	exclude	exclude	VERB
ejge-4308	352	11	the	the	DET
ejge-4308	352	12	2.5	2.5	NUM
ejge-4308	352	13	lowest	low	ADJ
ejge-4308	352	14	and	and	CCONJ
ejge-4308	352	15	2.5	2.5	NUM
ejge-4308	352	16	%	%	NOUN
ejge-4308	352	17	highest	high	ADJ
ejge-4308	352	18	values	value	NOUN
ejge-4308	352	19	of	of	ADP
ejge-4308	352	20	growth	growth	NOUN
ejge-4308	352	21	,	,	PUNCT
ejge-4308	352	22	as	as	SCONJ
ejge-4308	352	23	shown	show	VERB
ejge-4308	352	24	in	in	ADP
ejge-4308	352	25	appendix	appendix	ADJ
ejge-4308	352	26	c.	c.	NOUN
ejge-4308	352	27	when	when	SCONJ
ejge-4308	352	28	comparing	compare	VERB
ejge-4308	352	29	the	the	DET
ejge-4308	352	30	difference	difference	NOUN
ejge-4308	352	31	between	between	ADP
ejge-4308	352	32	public	public	ADJ
ejge-4308	352	33	and	and	CCONJ
ejge-4308	352	34	private	private	ADJ
ejge-4308	352	35	debt	debt	NOUN
ejge-4308	352	36	,	,	PUNCT
ejge-4308	352	37	it	it	PRON
ejge-4308	352	38	is	be	AUX
ejge-4308	352	39	noteworthy	noteworthy	ADJ
ejge-4308	352	40	that	that	SCONJ
ejge-4308	352	41	private	private	ADJ
ejge-4308	352	42	debt	debt	NOUN
ejge-4308	352	43	again	again	ADV
ejge-4308	352	44	has	have	VERB
ejge-4308	352	45	the	the	DET
ejge-4308	352	46	strongest	strong	ADJ
ejge-4308	352	47	negative	negative	ADJ
ejge-4308	352	48	correlation	correlation	NOUN
ejge-4308	352	49	with	with	ADP
ejge-4308	352	50	economic	economic	ADJ
ejge-4308	352	51	growth	growth	NOUN
ejge-4308	352	52	,	,	PUNCT
ejge-4308	352	53	as	as	SCONJ
ejge-4308	352	54	can	can	AUX
ejge-4308	352	55	be	be	AUX
ejge-4308	352	56	seen	see	VERB
ejge-4308	352	57	in	in	ADP
ejge-4308	352	58	figure	figure	NOUN
ejge-4308	352	59	11	11	NUM
ejge-4308	352	60	.	.	PUNCT
ejge-4308	353	1	figure	figure	VERB
ejge-4308	353	2	11	11	NUM
ejge-4308	353	3	growth	growth	NOUN
ejge-4308	353	4	performance	performance	NOUN
ejge-4308	353	5	over	over	ADP
ejge-4308	353	6	1	1	NUM
ejge-4308	353	7	year	year	NOUN
ejge-4308	353	8	with	with	ADP
ejge-4308	353	9	debt	debt	NOUN
ejge-4308	353	10	accumulation	accumulation	NOUN
ejge-4308	353	11	over	over	ADP
ejge-4308	353	12	1	1	NUM
ejge-4308	353	13	-	-	SYM
ejge-4308	353	14	15	15	NUM
ejge-4308	353	15	year	year	NOUN
ejge-4308	353	16	(	(	PUNCT
ejge-4308	353	17	h=1	h=1	NOUN
ejge-4308	353	18	and	and	CCONJ
ejge-4308	353	19	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	353	20	)	)	PUNCT
ejge-4308	353	21	–	–	PUNCT
ejge-4308	353	22	public	public	ADJ
ejge-4308	353	23	&	&	CCONJ
ejge-4308	353	24	private	private	ADJ
ejge-4308	353	25	debt	debt	NOUN
ejge-4308	353	26	5.3	5.3	NUM
ejge-4308	353	27	.	.	PUNCT
ejge-4308	354	1	medium	medium	ADJ
ejge-4308	354	2	-	-	PUNCT
ejge-4308	354	3	term	term	NOUN
ejge-4308	354	4	(	(	PUNCT
ejge-4308	354	5	5	5	NUM
ejge-4308	354	6	years	year	NOUN
ejge-4308	354	7	)	)	PUNCT
ejge-4308	354	8	from	from	ADP
ejge-4308	354	9	the	the	DET
ejge-4308	354	10	analysis	analysis	NOUN
ejge-4308	354	11	so	so	ADV
ejge-4308	354	12	far	far	ADV
ejge-4308	354	13	,	,	PUNCT
ejge-4308	354	14	we	we	PRON
ejge-4308	354	15	can	can	AUX
ejge-4308	354	16	not	not	PART
ejge-4308	354	17	conclude	conclude	VERB
ejge-4308	354	18	that	that	SCONJ
ejge-4308	354	19	the	the	DET
ejge-4308	354	20	causal	causal	ADJ
ejge-4308	354	21	direction	direction	NOUN
ejge-4308	354	22	runs	run	VERB
ejge-4308	354	23	from	from	ADP
ejge-4308	354	24	the	the	DET
ejge-4308	354	25	accumulation	accumulation	NOUN
ejge-4308	354	26	of	of	ADP
ejge-4308	354	27	debt	debt	NOUN
ejge-4308	354	28	to	to	ADP
ejge-4308	354	29	sluggish	sluggish	ADJ
ejge-4308	354	30	growth	growth	NOUN
ejge-4308	354	31	.	.	PUNCT
ejge-4308	355	1	as	as	SCONJ
ejge-4308	355	2	argued	argue	VERB
ejge-4308	355	3	,	,	PUNCT
ejge-4308	355	4	a	a	DET
ejge-4308	355	5	period	period	NOUN
ejge-4308	355	6	of	of	ADP
ejge-4308	355	7	low	low	ADJ
ejge-4308	355	8	growth	growth	NOUN
ejge-4308	355	9	may	may	AUX
ejge-4308	355	10	result	result	VERB
ejge-4308	355	11	into	into	ADP
ejge-4308	355	12	a	a	DET
ejge-4308	355	13	rapid	rapid	ADJ
ejge-4308	355	14	build	build	NOUN
ejge-4308	355	15	-	-	PUNCT
ejge-4308	355	16	up	up	NOUN
ejge-4308	355	17	of	of	ADP
ejge-4308	355	18	debt	debt	NOUN
ejge-4308	355	19	.	.	PUNCT
ejge-4308	356	1	in	in	ADP
ejge-4308	356	2	addition	addition	NOUN
ejge-4308	356	3	,	,	PUNCT
ejge-4308	356	4	an	an	DET
ejge-4308	356	5	increase	increase	NOUN
ejge-4308	356	6	in	in	ADP
ejge-4308	356	7	debt	debt	NOUN
ejge-4308	356	8	in	in	ADP
ejge-4308	356	9	the	the	DET
ejge-4308	356	10	order	order	NOUN
ejge-4308	356	11	of	of	ADP
ejge-4308	356	12	magnitude	magnitude	NOUN
ejge-4308	356	13	of	of	ADP
ejge-4308	356	14	over	over	ADP
ejge-4308	356	15	10	10	NUM
ejge-4308	356	16	%	%	NOUN
ejge-4308	356	17	in	in	ADP
ejge-4308	356	18	one	one	NUM
ejge-4308	356	19	year	year	NOUN
ejge-4308	356	20	is	be	AUX
ejge-4308	356	21	very	very	ADV
ejge-4308	356	22	likely	likely	ADJ
ejge-4308	356	23	to	to	PART
ejge-4308	356	24	be	be	AUX
ejge-4308	356	25	accompanied	accompany	VERB
ejge-4308	356	26	by	by	ADP
ejge-4308	356	27	a	a	DET
ejge-4308	356	28	severe	severe	ADJ
ejge-4308	356	29	crisis	crisis	NOUN
ejge-4308	356	30	,	,	PUNCT
ejge-4308	356	31	which	which	PRON
ejge-4308	356	32	in	in	ADP
ejge-4308	356	33	itself	itself	PRON
ejge-4308	356	34	slows	slow	VERB
ejge-4308	356	35	down	down	ADP
ejge-4308	356	36	growth	growth	NOUN
ejge-4308	356	37	.	.	PUNCT
ejge-4308	357	1	therefore	therefore	ADV
ejge-4308	357	2	,	,	PUNCT
ejge-4308	357	3	we	we	PRON
ejge-4308	357	4	will	will	AUX
ejge-4308	357	5	analyse	analyse	VERB
ejge-4308	357	6	the	the	DET
ejge-4308	357	7	link	link	NOUN
ejge-4308	357	8	between	between	ADP
ejge-4308	357	9	debt	debt	NOUN
ejge-4308	357	10	accumulation	accumulation	NOUN
ejge-4308	357	11	and	and	CCONJ
ejge-4308	357	12	mediumto	mediumto	ADJ
ejge-4308	357	13	long	long	ADJ
ejge-4308	357	14	-	-	PUNCT
ejge-4308	357	15	term	term	NOUN
ejge-4308	357	16	growth	growth	NOUN
ejge-4308	357	17	.	.	PUNCT
ejge-4308	358	1	in	in	ADP
ejge-4308	358	2	figure	figure	NOUN
ejge-4308	358	3	12	12	NUM
ejge-4308	358	4	,	,	PUNCT
ejge-4308	358	5	we	we	PRON
ejge-4308	358	6	provide	provide	VERB
ejge-4308	358	7	the	the	DET
ejge-4308	358	8	results	result	NOUN
ejge-4308	358	9	for	for	ADP
ejge-4308	358	10	economic	economic	ADJ
ejge-4308	358	11	growth	growth	NOUN
ejge-4308	358	12	over	over	ADP
ejge-4308	358	13	5	5	NUM
ejge-4308	358	14	years	year	NOUN
ejge-4308	358	15	(	(	PUNCT
ejge-4308	358	16	h=5	h=5	PROPN
ejge-4308	358	17	)	)	PUNCT
ejge-4308	358	18	after	after	ADP
ejge-4308	358	19	reaching	reach	VERB
ejge-4308	358	20	a	a	DET
ejge-4308	358	21	threshold	threshold	NOUN
ejge-4308	358	22	change	change	NOUN
ejge-4308	358	23	in	in	ADP
ejge-4308	358	24	total	total	ADJ
ejge-4308	358	25	debt	debt	NOUN
ejge-4308	358	26	levels	level	NOUN
ejge-4308	358	27	,	,	PUNCT
ejge-4308	358	28	that	that	PRON
ejge-4308	358	29	has	have	AUX
ejge-4308	358	30	been	be	AUX
ejge-4308	358	31	accumulated	accumulate	VERB
ejge-4308	358	32	over	over	ADP
ejge-4308	358	33	1	1	NUM
ejge-4308	358	34	,	,	PUNCT
ejge-4308	358	35	5	5	NUM
ejge-4308	358	36	,	,	PUNCT
ejge-4308	358	37	10	10	NUM
ejge-4308	358	38	and	and	CCONJ
ejge-4308	358	39	15	15	NUM
ejge-4308	358	40	years	year	NOUN
ejge-4308	358	41	(	(	PUNCT
ejge-4308	358	42	i.e.	i.e.	X
ejge-4308	358	43	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	358	44	)	)	PUNCT
ejge-4308	358	45	respectively	respectively	ADV
ejge-4308	358	46	.	.	PUNCT
ejge-4308	359	1	-1	-1	X
ejge-4308	359	2	0	0	NUM
ejge-4308	360	1	-5	-5	PUNCT
ejge-4308	360	2	0	0	NUM
ejge-4308	360	3	5	5	NUM
ejge-4308	360	4	1	1	NUM
ejge-4308	360	5	0	0	NUM
ejge-4308	360	6	r	r	NOUN
ejge-4308	360	7	e	e	NOUN
ejge-4308	360	8	a	a	DET
ejge-4308	360	9	l	l	NOUN
ejge-4308	360	10	g	g	NOUN
ejge-4308	361	1	d	d	X
ejge-4308	361	2	p	p	X
ejge-4308	361	3	p	p	X
ejge-4308	361	4	e	e	NOUN
ejge-4308	361	5	r	r	NOUN
ejge-4308	361	6	ca	ca	NOUN
ejge-4308	361	7	p	p	NOUN
ejge-4308	361	8	ita	ita	PROPN
ejge-4308	361	9	g	g	PROPN
ejge-4308	361	10	ro	ro	PROPN
ejge-4308	361	11	w	w	X
ejge-4308	361	12	th	th	X
ejge-4308	361	13	r	r	NOUN
ejge-4308	361	14	a	a	DET
ejge-4308	361	15	te	te	PROPN
ejge-4308	361	16	(	(	PUNCT
ejge-4308	361	17	%	%	NOUN
ejge-4308	361	18	)	)	PUNCT
ejge-4308	361	19	-10	-10	PUNCT
ejge-4308	362	1	-5	-5	PUNCT
ejge-4308	362	2	0	0	NUM
ejge-4308	362	3	5	5	NUM
ejge-4308	362	4	10	10	NUM
ejge-4308	362	5	15	15	NUM
ejge-4308	362	6	change	change	NOUN
ejge-4308	362	7	in	in	ADP
ejge-4308	362	8	public	public	ADJ
ejge-4308	362	9	debt	debt	NOUN
ejge-4308	362	10	to	to	ADP
ejge-4308	362	11	gdp	gdp	NOUN
ejge-4308	362	12	(	(	PUNCT
ejge-4308	362	13	%	%	INTJ
ejge-4308	362	14	)	)	PUNCT
ejge-4308	362	15	accumulated	accumulate	VERB
ejge-4308	362	16	over	over	ADP
ejge-4308	362	17	1	1	NUM
ejge-4308	362	18	year	year	NOUN
ejge-4308	362	19	-1	-1	NOUN
ejge-4308	362	20	0	0	NUM
ejge-4308	363	1	-5	-5	PUNCT
ejge-4308	363	2	0	0	NUM
ejge-4308	363	3	5	5	NUM
ejge-4308	363	4	1	1	NUM
ejge-4308	363	5	0	0	NUM
ejge-4308	363	6	r	r	NOUN
ejge-4308	363	7	e	e	NOUN
ejge-4308	363	8	a	a	DET
ejge-4308	363	9	l	l	NOUN
ejge-4308	363	10	g	g	NOUN
ejge-4308	364	1	d	d	X
ejge-4308	364	2	p	p	X
ejge-4308	364	3	p	p	X
ejge-4308	364	4	e	e	NOUN
ejge-4308	364	5	r	r	NOUN
ejge-4308	364	6	ca	ca	NOUN
ejge-4308	364	7	p	p	NOUN
ejge-4308	364	8	ita	ita	PROPN
ejge-4308	364	9	g	g	PROPN
ejge-4308	364	10	ro	ro	PROPN
ejge-4308	364	11	w	w	X
ejge-4308	364	12	th	th	X
ejge-4308	364	13	r	r	NOUN
ejge-4308	364	14	a	a	DET
ejge-4308	364	15	te	te	PROPN
ejge-4308	364	16	(	(	PUNCT
ejge-4308	364	17	%	%	NOUN
ejge-4308	364	18	)	)	PUNCT
ejge-4308	364	19	-30	-30	PUNCT
ejge-4308	364	20	-15	-15	PUNCT
ejge-4308	364	21	0	0	NUM
ejge-4308	364	22	15	15	NUM
ejge-4308	364	23	30	30	NUM
ejge-4308	364	24	45	45	NUM
ejge-4308	364	25	change	change	NOUN
ejge-4308	364	26	in	in	ADP
ejge-4308	364	27	public	public	ADJ
ejge-4308	364	28	debt	debt	NOUN
ejge-4308	364	29	to	to	ADP
ejge-4308	364	30	gdp	gdp	NOUN
ejge-4308	364	31	(	(	PUNCT
ejge-4308	364	32	%	%	INTJ
ejge-4308	364	33	)	)	PUNCT
ejge-4308	364	34	accumulated	accumulate	VERB
ejge-4308	364	35	over	over	ADP
ejge-4308	364	36	5	5	NUM
ejge-4308	364	37	years	year	NOUN
ejge-4308	364	38	-1	-1	NOUN
ejge-4308	364	39	0	0	PUNCT
ejge-4308	365	1	-5	-5	PUNCT
ejge-4308	365	2	0	0	NUM
ejge-4308	365	3	5	5	NUM
ejge-4308	365	4	1	1	NUM
ejge-4308	365	5	0	0	NUM
ejge-4308	365	6	r	r	NOUN
ejge-4308	365	7	e	e	NOUN
ejge-4308	365	8	a	a	DET
ejge-4308	365	9	l	l	NOUN
ejge-4308	365	10	g	g	NOUN
ejge-4308	366	1	d	d	X
ejge-4308	366	2	p	p	X
ejge-4308	366	3	p	p	X
ejge-4308	366	4	e	e	NOUN
ejge-4308	366	5	r	r	NOUN
ejge-4308	366	6	ca	ca	NOUN
ejge-4308	366	7	p	p	NOUN
ejge-4308	366	8	ita	ita	PROPN
ejge-4308	366	9	g	g	PROPN
ejge-4308	366	10	ro	ro	PROPN
ejge-4308	366	11	w	w	X
ejge-4308	366	12	th	th	X
ejge-4308	366	13	r	r	NOUN
ejge-4308	366	14	a	a	DET
ejge-4308	366	15	te	te	PROPN
ejge-4308	366	16	(	(	PUNCT
ejge-4308	366	17	%	%	NOUN
ejge-4308	366	18	)	)	PUNCT
ejge-4308	366	19	-50	-50	PUNCT
ejge-4308	366	20	-25	-25	PUNCT
ejge-4308	366	21	0	0	NUM
ejge-4308	366	22	25	25	NUM
ejge-4308	366	23	50	50	NUM
ejge-4308	366	24	75	75	NUM
ejge-4308	366	25	change	change	NOUN
ejge-4308	366	26	in	in	ADP
ejge-4308	366	27	public	public	ADJ
ejge-4308	366	28	debt	debt	NOUN
ejge-4308	366	29	to	to	ADP
ejge-4308	366	30	gdp	gdp	NOUN
ejge-4308	366	31	(	(	PUNCT
ejge-4308	366	32	%	%	INTJ
ejge-4308	366	33	)	)	PUNCT
ejge-4308	366	34	accumulated	accumulate	VERB
ejge-4308	366	35	over	over	ADP
ejge-4308	366	36	10	10	NUM
ejge-4308	366	37	years	year	NOUN
ejge-4308	366	38	-1	-1	ADP
ejge-4308	366	39	0	0	PUNCT
ejge-4308	367	1	-5	-5	PUNCT
ejge-4308	367	2	0	0	NUM
ejge-4308	367	3	5	5	NUM
ejge-4308	367	4	1	1	NUM
ejge-4308	367	5	0	0	NUM
ejge-4308	367	6	r	r	NOUN
ejge-4308	367	7	e	e	NOUN
ejge-4308	367	8	a	a	DET
ejge-4308	367	9	l	l	NOUN
ejge-4308	367	10	g	g	NOUN
ejge-4308	368	1	d	d	X
ejge-4308	368	2	p	p	X
ejge-4308	368	3	p	p	X
ejge-4308	368	4	e	e	NOUN
ejge-4308	368	5	r	r	NOUN
ejge-4308	368	6	ca	ca	NOUN
ejge-4308	368	7	p	p	NOUN
ejge-4308	368	8	ita	ita	PROPN
ejge-4308	368	9	g	g	PROPN
ejge-4308	368	10	ro	ro	PROPN
ejge-4308	368	11	w	w	X
ejge-4308	368	12	th	th	X
ejge-4308	368	13	r	r	NOUN
ejge-4308	368	14	a	a	DET
ejge-4308	368	15	te	te	PROPN
ejge-4308	368	16	(	(	PUNCT
ejge-4308	368	17	%	%	NOUN
ejge-4308	368	18	)	)	PUNCT
ejge-4308	368	19	-50	-50	PUNCT
ejge-4308	368	20	-15	-15	NUM
ejge-4308	368	21	20	20	NUM
ejge-4308	368	22	55	55	NUM
ejge-4308	368	23	90	90	NUM
ejge-4308	368	24	change	change	NOUN
ejge-4308	368	25	in	in	ADP
ejge-4308	368	26	public	public	ADJ
ejge-4308	368	27	debt	debt	NOUN
ejge-4308	368	28	to	to	ADP
ejge-4308	368	29	gdp	gdp	NOUN
ejge-4308	368	30	(	(	PUNCT
ejge-4308	368	31	%	%	INTJ
ejge-4308	368	32	)	)	PUNCT
ejge-4308	368	33	accumulated	accumulate	VERB
ejge-4308	368	34	over	over	ADP
ejge-4308	368	35	15	15	NUM
ejge-4308	368	36	years	year	NOUN
ejge-4308	368	37	-1	-1	NOUN
ejge-4308	368	38	0	0	PUNCT
ejge-4308	369	1	-5	-5	PUNCT
ejge-4308	369	2	0	0	NUM
ejge-4308	369	3	5	5	NUM
ejge-4308	369	4	1	1	NUM
ejge-4308	369	5	0	0	NUM
ejge-4308	369	6	r	r	NOUN
ejge-4308	369	7	e	e	NOUN
ejge-4308	369	8	a	a	DET
ejge-4308	369	9	l	l	NOUN
ejge-4308	369	10	g	g	NOUN
ejge-4308	370	1	d	d	X
ejge-4308	370	2	p	p	X
ejge-4308	370	3	p	p	X
ejge-4308	370	4	e	e	NOUN
ejge-4308	370	5	r	r	NOUN
ejge-4308	370	6	ca	ca	NOUN
ejge-4308	370	7	p	p	NOUN
ejge-4308	370	8	ita	ita	PROPN
ejge-4308	370	9	g	g	PROPN
ejge-4308	370	10	ro	ro	PROPN
ejge-4308	370	11	w	w	X
ejge-4308	370	12	th	th	X
ejge-4308	370	13	r	r	NOUN
ejge-4308	370	14	a	a	DET
ejge-4308	370	15	te	te	PROPN
ejge-4308	370	16	(	(	PUNCT
ejge-4308	370	17	%	%	NOUN
ejge-4308	370	18	)	)	PUNCT
ejge-4308	370	19	-10	-10	PUNCT
ejge-4308	371	1	-5	-5	PUNCT
ejge-4308	371	2	0	0	NUM
ejge-4308	371	3	5	5	NUM
ejge-4308	371	4	10	10	NUM
ejge-4308	371	5	15	15	NUM
ejge-4308	371	6	change	change	NOUN
ejge-4308	371	7	in	in	ADP
ejge-4308	371	8	private	private	ADJ
ejge-4308	371	9	debt	debt	NOUN
ejge-4308	371	10	to	to	ADP
ejge-4308	371	11	gdp	gdp	NOUN
ejge-4308	371	12	(	(	PUNCT
ejge-4308	371	13	%	%	INTJ
ejge-4308	371	14	)	)	PUNCT
ejge-4308	371	15	accumulated	accumulate	VERB
ejge-4308	371	16	over	over	ADP
ejge-4308	371	17	1	1	NUM
ejge-4308	371	18	year	year	NOUN
ejge-4308	371	19	-1	-1	NOUN
ejge-4308	371	20	0	0	NUM
ejge-4308	372	1	-5	-5	PUNCT
ejge-4308	372	2	0	0	NUM
ejge-4308	372	3	5	5	NUM
ejge-4308	372	4	1	1	NUM
ejge-4308	372	5	0	0	NUM
ejge-4308	372	6	r	r	NOUN
ejge-4308	372	7	e	e	NOUN
ejge-4308	372	8	a	a	DET
ejge-4308	372	9	l	l	NOUN
ejge-4308	372	10	g	g	NOUN
ejge-4308	373	1	d	d	X
ejge-4308	373	2	p	p	X
ejge-4308	373	3	p	p	X
ejge-4308	373	4	e	e	NOUN
ejge-4308	373	5	r	r	NOUN
ejge-4308	373	6	ca	ca	NOUN
ejge-4308	373	7	p	p	NOUN
ejge-4308	373	8	ita	ita	PROPN
ejge-4308	373	9	g	g	PROPN
ejge-4308	373	10	ro	ro	PROPN
ejge-4308	373	11	w	w	X
ejge-4308	373	12	th	th	X
ejge-4308	373	13	r	r	NOUN
ejge-4308	373	14	a	a	DET
ejge-4308	373	15	te	te	PROPN
ejge-4308	373	16	(	(	PUNCT
ejge-4308	373	17	%	%	NOUN
ejge-4308	373	18	)	)	PUNCT
ejge-4308	373	19	-25	-25	PUNCT
ejge-4308	373	20	0	0	NUM
ejge-4308	373	21	25	25	NUM
ejge-4308	373	22	50	50	NUM
ejge-4308	373	23	75	75	NUM
ejge-4308	373	24	change	change	NOUN
ejge-4308	373	25	in	in	ADP
ejge-4308	373	26	private	private	ADJ
ejge-4308	373	27	debt	debt	NOUN
ejge-4308	373	28	to	to	ADP
ejge-4308	373	29	gdp	gdp	NOUN
ejge-4308	373	30	(	(	PUNCT
ejge-4308	373	31	%	%	INTJ
ejge-4308	373	32	)	)	PUNCT
ejge-4308	373	33	accumulated	accumulate	VERB
ejge-4308	373	34	over	over	ADP
ejge-4308	373	35	5	5	NUM
ejge-4308	373	36	years	year	NOUN
ejge-4308	373	37	-1	-1	NOUN
ejge-4308	373	38	0	0	PUNCT
ejge-4308	374	1	-5	-5	PUNCT
ejge-4308	374	2	0	0	NUM
ejge-4308	374	3	5	5	NUM
ejge-4308	374	4	1	1	NUM
ejge-4308	374	5	0	0	NUM
ejge-4308	374	6	r	r	NOUN
ejge-4308	374	7	e	e	NOUN
ejge-4308	374	8	a	a	DET
ejge-4308	374	9	l	l	NOUN
ejge-4308	374	10	g	g	NOUN
ejge-4308	375	1	d	d	X
ejge-4308	375	2	p	p	X
ejge-4308	375	3	p	p	X
ejge-4308	375	4	e	e	NOUN
ejge-4308	375	5	r	r	NOUN
ejge-4308	375	6	ca	ca	NOUN
ejge-4308	375	7	p	p	NOUN
ejge-4308	375	8	ita	ita	PROPN
ejge-4308	375	9	g	g	PROPN
ejge-4308	375	10	ro	ro	PROPN
ejge-4308	375	11	w	w	X
ejge-4308	375	12	th	th	X
ejge-4308	375	13	r	r	NOUN
ejge-4308	375	14	a	a	DET
ejge-4308	375	15	te	te	PROPN
ejge-4308	375	16	(	(	PUNCT
ejge-4308	375	17	%	%	NOUN
ejge-4308	375	18	)	)	PUNCT
ejge-4308	375	19	-25	-25	PUNCT
ejge-4308	375	20	0	0	NUM
ejge-4308	375	21	25	25	NUM
ejge-4308	375	22	50	50	NUM
ejge-4308	375	23	75	75	NUM
ejge-4308	375	24	100	100	NUM
ejge-4308	375	25	change	change	NOUN
ejge-4308	375	26	in	in	ADP
ejge-4308	375	27	private	private	ADJ
ejge-4308	375	28	debt	debt	NOUN
ejge-4308	375	29	to	to	ADP
ejge-4308	375	30	gdp	gdp	NOUN
ejge-4308	375	31	(	(	PUNCT
ejge-4308	375	32	%	%	INTJ
ejge-4308	375	33	)	)	PUNCT
ejge-4308	375	34	accumulated	accumulate	VERB
ejge-4308	375	35	over	over	ADP
ejge-4308	375	36	10	10	NUM
ejge-4308	375	37	years	year	NOUN
ejge-4308	375	38	-1	-1	ADP
ejge-4308	375	39	0	0	PUNCT
ejge-4308	376	1	-5	-5	PUNCT
ejge-4308	376	2	0	0	NUM
ejge-4308	376	3	5	5	NUM
ejge-4308	376	4	1	1	NUM
ejge-4308	376	5	0	0	NUM
ejge-4308	376	6	r	r	NOUN
ejge-4308	376	7	e	e	NOUN
ejge-4308	376	8	a	a	DET
ejge-4308	376	9	l	l	NOUN
ejge-4308	376	10	g	g	NOUN
ejge-4308	377	1	d	d	X
ejge-4308	377	2	p	p	X
ejge-4308	377	3	p	p	X
ejge-4308	377	4	e	e	NOUN
ejge-4308	377	5	r	r	NOUN
ejge-4308	377	6	ca	ca	NOUN
ejge-4308	377	7	p	p	NOUN
ejge-4308	377	8	ita	ita	PROPN
ejge-4308	377	9	g	g	PROPN
ejge-4308	377	10	ro	ro	PROPN
ejge-4308	377	11	w	w	X
ejge-4308	377	12	th	th	X
ejge-4308	377	13	r	r	NOUN
ejge-4308	377	14	a	a	DET
ejge-4308	377	15	te	te	PROPN
ejge-4308	377	16	(	(	PUNCT
ejge-4308	377	17	%	%	NOUN
ejge-4308	377	18	)	)	PUNCT
ejge-4308	377	19	-40	-40	PUNCT
ejge-4308	377	20	0	0	NUM
ejge-4308	377	21	40	40	NUM
ejge-4308	377	22	80	80	NUM
ejge-4308	377	23	120	120	NUM
ejge-4308	377	24	change	change	NOUN
ejge-4308	377	25	in	in	ADP
ejge-4308	377	26	private	private	ADJ
ejge-4308	377	27	debt	debt	NOUN
ejge-4308	377	28	to	to	ADP
ejge-4308	377	29	gdp	gdp	NOUN
ejge-4308	377	30	(	(	PUNCT
ejge-4308	377	31	%	%	INTJ
ejge-4308	377	32	)	)	PUNCT
ejge-4308	377	33	accumulated	accumulate	VERB
ejge-4308	377	34	over	over	ADP
ejge-4308	377	35	15	15	NUM
ejge-4308	377	36	years	year	NOUN
ejge-4308	377	37	vanlaer	vanlaer	NOUN
ejge-4308	377	38	,	,	PUNCT
ejge-4308	377	39	marneffe	marneffe	PROPN
ejge-4308	377	40	,	,	PUNCT
ejge-4308	377	41	vereeck	vereeck	PROPN
ejge-4308	377	42	,	,	PUNCT
ejge-4308	377	43	van	van	PROPN
ejge-4308	377	44	overtveldt	overtveldt	PROPN
ejge-4308	377	45	●	●	X
ejge-4308	377	46	does	do	AUX
ejge-4308	377	47	debt	debt	NOUN
ejge-4308	377	48	predict	predict	VERB
ejge-4308	377	49	growth	growth	NOUN
ejge-4308	377	50	?	?	PUNCT
ejge-4308	378	1	94	94	NUM
ejge-4308	378	2	figure	figure	VERB
ejge-4308	378	3	12	12	NUM
ejge-4308	378	4	growth	growth	NOUN
ejge-4308	378	5	performance	performance	NOUN
ejge-4308	378	6	over	over	ADP
ejge-4308	378	7	5	5	NUM
ejge-4308	378	8	year	year	NOUN
ejge-4308	378	9	with	with	ADP
ejge-4308	378	10	debt	debt	NOUN
ejge-4308	378	11	accumulation	accumulation	NOUN
ejge-4308	378	12	over	over	ADP
ejge-4308	378	13	1	1	NUM
ejge-4308	378	14	-	-	SYM
ejge-4308	378	15	15	15	NUM
ejge-4308	378	16	year	year	NOUN
ejge-4308	378	17	(	(	PUNCT
ejge-4308	378	18	h=5	h=5	PROPN
ejge-4308	378	19	and	and	CCONJ
ejge-4308	378	20	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	378	21	)	)	PUNCT
ejge-4308	378	22	again	again	ADV
ejge-4308	378	23	,	,	PUNCT
ejge-4308	378	24	we	we	PRON
ejge-4308	378	25	find	find	VERB
ejge-4308	378	26	that	that	SCONJ
ejge-4308	378	27	the	the	DET
ejge-4308	378	28	period	period	NOUN
ejge-4308	378	29	over	over	ADP
ejge-4308	378	30	which	which	PRON
ejge-4308	378	31	debt	debt	NOUN
ejge-4308	378	32	is	be	AUX
ejge-4308	378	33	accumulated	accumulate	VERB
ejge-4308	378	34	is	be	AUX
ejge-4308	378	35	relevant	relevant	ADJ
ejge-4308	378	36	.	.	PUNCT
ejge-4308	379	1	the	the	PRON
ejge-4308	379	2	shorter	short	ADJ
ejge-4308	379	3	this	this	DET
ejge-4308	379	4	period	period	NOUN
ejge-4308	379	5	,	,	PUNCT
ejge-4308	379	6	the	the	DET
ejge-4308	379	7	more	more	ADV
ejge-4308	379	8	negative	negative	ADJ
ejge-4308	379	9	the	the	DET
ejge-4308	379	10	economic	economic	ADJ
ejge-4308	379	11	growth	growth	NOUN
ejge-4308	379	12	.	.	PUNCT
ejge-4308	380	1	however	however	ADV
ejge-4308	380	2	,	,	PUNCT
ejge-4308	380	3	this	this	DET
ejge-4308	380	4	relationship	relationship	NOUN
ejge-4308	380	5	is	be	AUX
ejge-4308	380	6	much	much	ADV
ejge-4308	380	7	less	less	ADV
ejge-4308	380	8	strong	strong	ADJ
ejge-4308	380	9	in	in	ADP
ejge-4308	380	10	the	the	DET
ejge-4308	380	11	medium	medium	ADJ
ejge-4308	380	12	term	term	NOUN
ejge-4308	380	13	than	than	ADP
ejge-4308	380	14	in	in	ADP
ejge-4308	380	15	the	the	DET
ejge-4308	380	16	short	short	ADJ
ejge-4308	380	17	term	term	NOUN
ejge-4308	380	18	.	.	PUNCT
ejge-4308	381	1	when	when	SCONJ
ejge-4308	381	2	debt	debt	NOUN
ejge-4308	381	3	has	have	AUX
ejge-4308	381	4	been	be	AUX
ejge-4308	381	5	built	build	VERB
ejge-4308	381	6	up	up	ADP
ejge-4308	381	7	over	over	ADP
ejge-4308	381	8	10	10	NUM
ejge-4308	381	9	or	or	CCONJ
ejge-4308	381	10	15	15	NUM
ejge-4308	381	11	years	year	NOUN
ejge-4308	381	12	,	,	PUNCT
ejge-4308	381	13	the	the	DET
ejge-4308	381	14	relationship	relationship	NOUN
ejge-4308	381	15	becomes	become	VERB
ejge-4308	381	16	practically	practically	ADV
ejge-4308	381	17	non-existent19.this	non-existent19.this	NOUN
ejge-4308	381	18	is	be	AUX
ejge-4308	381	19	supported	support	VERB
ejge-4308	381	20	by	by	ADP
ejge-4308	381	21	spearman	spearman	NOUN
ejge-4308	381	22	’s	’s	PART
ejge-4308	381	23	rank	rank	NOUN
ejge-4308	381	24	correlation	correlation	NOUN
ejge-4308	381	25	,	,	PUNCT
ejge-4308	381	26	which	which	PRON
ejge-4308	381	27	is	be	AUX
ejge-4308	381	28	a	a	DET
ejge-4308	381	29	mere	mere	ADJ
ejge-4308	381	30	0.06	0.06	NUM
ejge-4308	381	31	for	for	ADP
ejge-4308	381	32	d=10	d=10	NOUN
ejge-4308	381	33	and	and	CCONJ
ejge-4308	381	34	0.03	0.03	NUM
ejge-4308	381	35	for	for	ADP
ejge-4308	381	36	d=15	d=15	ADV
ejge-4308	381	37	and	and	CCONJ
ejge-4308	381	38	fails	fail	VERB
ejge-4308	381	39	to	to	PART
ejge-4308	381	40	be	be	AUX
ejge-4308	381	41	statistically	statistically	ADV
ejge-4308	381	42	significant	significant	ADJ
ejge-4308	381	43	(	(	PUNCT
ejge-4308	381	44	p=0.09	p=0.09	PROPN
ejge-4308	381	45	and	and	CCONJ
ejge-4308	381	46	0.49	0.49	NUM
ejge-4308	381	47	respectively	respectively	ADV
ejge-4308	381	48	)	)	PUNCT
ejge-4308	381	49	.	.	PUNCT
ejge-4308	382	1	hence	hence	ADV
ejge-4308	382	2	,	,	PUNCT
ejge-4308	382	3	there	there	PRON
ejge-4308	382	4	appears	appear	VERB
ejge-4308	382	5	to	to	PART
ejge-4308	382	6	be	be	AUX
ejge-4308	382	7	no	no	DET
ejge-4308	382	8	negative	negative	ADJ
ejge-4308	382	9	impact	impact	NOUN
ejge-4308	382	10	of	of	ADP
ejge-4308	382	11	a	a	DET
ejge-4308	382	12	large	large	ADJ
ejge-4308	382	13	increase	increase	NOUN
ejge-4308	382	14	in	in	ADP
ejge-4308	382	15	debt	debt	NOUN
ejge-4308	382	16	compared	compare	VERB
ejge-4308	382	17	to	to	ADP
ejge-4308	382	18	a	a	DET
ejge-4308	382	19	smaller	small	ADJ
ejge-4308	382	20	increase	increase	NOUN
ejge-4308	382	21	in	in	ADP
ejge-4308	382	22	debt	debt	NOUN
ejge-4308	382	23	,	,	PUNCT
ejge-4308	382	24	when	when	SCONJ
ejge-4308	382	25	debt	debt	NOUN
ejge-4308	382	26	is	be	AUX
ejge-4308	382	27	built	build	VERB
ejge-4308	382	28	up	up	ADP
ejge-4308	382	29	over	over	ADP
ejge-4308	382	30	an	an	DET
ejge-4308	382	31	extended	extended	ADJ
ejge-4308	382	32	period	period	NOUN
ejge-4308	382	33	.	.	PUNCT
ejge-4308	383	1	these	these	DET
ejge-4308	383	2	outcomes	outcome	NOUN
ejge-4308	383	3	do	do	AUX
ejge-4308	383	4	not	not	PART
ejge-4308	383	5	change	change	VERB
ejge-4308	383	6	when	when	SCONJ
ejge-4308	383	7	we	we	PRON
ejge-4308	383	8	exclude	exclude	VERB
ejge-4308	383	9	outliers	outlier	NOUN
ejge-4308	383	10	,	,	PUNCT
ejge-4308	383	11	as	as	SCONJ
ejge-4308	383	12	shown	show	VERB
ejge-4308	383	13	in	in	ADP
ejge-4308	383	14	appendix	appendix	PROPN
ejge-4308	383	15	d.	d.	PROPN
ejge-4308	383	16	there	there	PRON
ejge-4308	383	17	is	be	VERB
ejge-4308	383	18	a	a	DET
ejge-4308	383	19	clear	clear	ADJ
ejge-4308	383	20	difference	difference	NOUN
ejge-4308	383	21	between	between	ADP
ejge-4308	383	22	public	public	ADJ
ejge-4308	383	23	and	and	CCONJ
ejge-4308	383	24	private	private	ADJ
ejge-4308	383	25	debt	debt	NOUN
ejge-4308	383	26	.	.	PUNCT
ejge-4308	384	1	accumulation	accumulation	NOUN
ejge-4308	384	2	of	of	ADP
ejge-4308	384	3	public	public	ADJ
ejge-4308	384	4	debt	debt	NOUN
ejge-4308	384	5	is	be	AUX
ejge-4308	384	6	not	not	PART
ejge-4308	384	7	negatively	negatively	ADV
ejge-4308	384	8	correlated	correlate	VERB
ejge-4308	384	9	with	with	ADP
ejge-4308	384	10	medium	medium	ADJ
ejge-4308	384	11	-	-	PUNCT
ejge-4308	384	12	term	term	NOUN
ejge-4308	384	13	growth	growth	NOUN
ejge-4308	384	14	;	;	PUNCT
ejge-4308	384	15	spearman	spearman	NOUN
ejge-4308	384	16	’s	’s	PART
ejge-4308	384	17	rank	rank	NOUN
ejge-4308	384	18	correlation	correlation	NOUN
ejge-4308	384	19	is	be	AUX
ejge-4308	384	20	positive	positive	ADJ
ejge-4308	384	21	and	and	CCONJ
ejge-4308	384	22	ranging	range	VERB
ejge-4308	384	23	between	between	ADP
ejge-4308	384	24	0.10	0.10	NUM
ejge-4308	384	25	and	and	CCONJ
ejge-4308	384	26	0.20	0.20	NUM
ejge-4308	384	27	.	.	PUNCT
ejge-4308	385	1	in	in	ADP
ejge-4308	385	2	contrast	contrast	NOUN
ejge-4308	385	3	,	,	PUNCT
ejge-4308	385	4	a	a	DET
ejge-4308	385	5	negative	negative	ADJ
ejge-4308	385	6	relationship	relationship	NOUN
ejge-4308	385	7	between	between	ADP
ejge-4308	385	8	private	private	ADJ
ejge-4308	385	9	debt	debt	NOUN
ejge-4308	385	10	accumulation	accumulation	NOUN
ejge-4308	385	11	and	and	CCONJ
ejge-4308	385	12	medium	medium	ADJ
ejge-4308	385	13	-	-	PUNCT
ejge-4308	385	14	term	term	NOUN
ejge-4308	385	15	growth	growth	NOUN
ejge-4308	385	16	is	be	AUX
ejge-4308	385	17	observed	observe	VERB
ejge-4308	385	18	and	and	CCONJ
ejge-4308	385	19	verified	verify	VERB
ejge-4308	385	20	by	by	ADP
ejge-4308	385	21	spearman	spearman	NOUN
ejge-4308	385	22	’s	’s	PART
ejge-4308	385	23	rank	rank	NOUN
ejge-4308	385	24	correlation	correlation	NOUN
ejge-4308	385	25	,	,	PUNCT
ejge-4308	385	26	which	which	PRON
ejge-4308	385	27	ranges	range	VERB
ejge-4308	385	28	between	between	ADP
ejge-4308	385	29	-0.16	-0.16	NOUN
ejge-4308	385	30	and	and	CCONJ
ejge-4308	385	31	-0.22	-0.22	NOUN
ejge-4308	385	32	.	.	PUNCT
ejge-4308	386	1	figure	figure	VERB
ejge-4308	386	2	13	13	NUM
ejge-4308	386	3	growth	growth	NOUN
ejge-4308	386	4	performance	performance	NOUN
ejge-4308	386	5	over	over	ADP
ejge-4308	386	6	5	5	NUM
ejge-4308	386	7	years	year	NOUN
ejge-4308	386	8	with	with	ADP
ejge-4308	386	9	debt	debt	NOUN
ejge-4308	386	10	accumulation	accumulation	NOUN
ejge-4308	386	11	over	over	ADP
ejge-4308	386	12	1	1	NUM
ejge-4308	386	13	-	-	SYM
ejge-4308	386	14	15	15	NUM
ejge-4308	386	15	year	year	NOUN
ejge-4308	386	16	(	(	PUNCT
ejge-4308	386	17	h=1	h=1	NOUN
ejge-4308	386	18	and	and	CCONJ
ejge-4308	386	19	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	386	20	)	)	PUNCT
ejge-4308	386	21	–	–	PUNCT
ejge-4308	386	22	public	public	ADJ
ejge-4308	386	23	&	&	CCONJ
ejge-4308	386	24	private	private	ADJ
ejge-4308	386	25	debt	debt	NOUN
ejge-4308	386	26	19	19	NUM
ejge-4308	386	27	the	the	DET
ejge-4308	386	28	null	null	ADJ
ejge-4308	386	29	hypothesis	hypothesis	NOUN
ejge-4308	386	30	that	that	PRON
ejge-4308	386	31	both	both	DET
ejge-4308	386	32	coefficients	coefficient	NOUN
ejge-4308	386	33	are	be	AUX
ejge-4308	386	34	the	the	DET
ejge-4308	386	35	same	same	ADJ
ejge-4308	386	36	also	also	ADV
ejge-4308	386	37	could	could	AUX
ejge-4308	386	38	not	not	PART
ejge-4308	386	39	be	be	AUX
ejge-4308	386	40	rejected	reject	VERB
ejge-4308	386	41	(	(	PUNCT
ejge-4308	386	42	p=0.09	p=0.09	PROPN
ejge-4308	386	43	)	)	PUNCT
ejge-4308	386	44	.	.	PUNCT
ejge-4308	387	1	-5	-5	PUNCT
ejge-4308	387	2	0	0	NUM
ejge-4308	388	1	5	5	NUM
ejge-4308	388	2	1	1	NUM
ejge-4308	388	3	0	0	NUM
ejge-4308	388	4	r	r	NOUN
ejge-4308	388	5	e	e	NOUN
ejge-4308	388	6	al	al	PROPN
ejge-4308	388	7	g	g	PROPN
ejge-4308	388	8	d	d	PROPN
ejge-4308	388	9	p	p	X
ejge-4308	388	10	p	p	X
ejge-4308	388	11	e	e	NOUN
ejge-4308	388	12	r	r	NOUN
ejge-4308	388	13	ca	can	AUX
ejge-4308	388	14	pi	pi	VERB
ejge-4308	388	15	ta	ta	PROPN
ejge-4308	388	16	g	g	PROPN
ejge-4308	388	17	ro	ro	PROPN
ejge-4308	388	18	w	w	X
ejge-4308	388	19	th	th	X
ejge-4308	388	20	r	r	NOUN
ejge-4308	388	21	a	a	DET
ejge-4308	388	22	te	te	PROPN
ejge-4308	388	23	(	(	PUNCT
ejge-4308	388	24	%	%	NOUN
ejge-4308	388	25	)	)	PUNCT
ejge-4308	388	26	-15	-15	PUNCT
ejge-4308	389	1	-5	-5	PUNCT
ejge-4308	389	2	5	5	NUM
ejge-4308	389	3	15	15	NUM
ejge-4308	389	4	25	25	NUM
ejge-4308	389	5	change	change	NOUN
ejge-4308	389	6	in	in	ADP
ejge-4308	389	7	total	total	ADJ
ejge-4308	389	8	debt	debt	NOUN
ejge-4308	389	9	to	to	ADP
ejge-4308	389	10	gdp	gdp	NOUN
ejge-4308	389	11	(	(	PUNCT
ejge-4308	389	12	%	%	INTJ
ejge-4308	389	13	)	)	PUNCT
ejge-4308	389	14	accumulated	accumulate	VERB
ejge-4308	389	15	over	over	ADP
ejge-4308	389	16	1	1	NUM
ejge-4308	389	17	year	year	NOUN
ejge-4308	389	18	-5	-5	NOUN
ejge-4308	389	19	0	0	NUM
ejge-4308	389	20	5	5	NUM
ejge-4308	389	21	1	1	NUM
ejge-4308	389	22	0	0	NUM
ejge-4308	389	23	r	r	NOUN
ejge-4308	389	24	e	e	NOUN
ejge-4308	389	25	al	al	PROPN
ejge-4308	389	26	g	g	PROPN
ejge-4308	390	1	d	d	PROPN
ejge-4308	390	2	p	p	X
ejge-4308	390	3	p	p	X
ejge-4308	390	4	e	e	NOUN
ejge-4308	390	5	r	r	NOUN
ejge-4308	390	6	ca	can	AUX
ejge-4308	390	7	pi	pi	VERB
ejge-4308	390	8	ta	ta	PROPN
ejge-4308	390	9	g	g	PROPN
ejge-4308	390	10	ro	ro	PROPN
ejge-4308	390	11	w	w	X
ejge-4308	390	12	th	th	X
ejge-4308	390	13	r	r	NOUN
ejge-4308	390	14	a	a	DET
ejge-4308	390	15	te	te	PROPN
ejge-4308	390	16	(	(	PUNCT
ejge-4308	390	17	%	%	NOUN
ejge-4308	390	18	)	)	PUNCT
ejge-4308	390	19	-30	-30	PUNCT
ejge-4308	391	1	-15	-15	PUNCT
ejge-4308	391	2	0	0	NUM
ejge-4308	391	3	15	15	NUM
ejge-4308	391	4	30	30	NUM
ejge-4308	391	5	45	45	NUM
ejge-4308	391	6	change	change	NOUN
ejge-4308	391	7	in	in	ADP
ejge-4308	391	8	total	total	ADJ
ejge-4308	391	9	debt	debt	NOUN
ejge-4308	391	10	to	to	ADP
ejge-4308	391	11	gdp	gdp	NOUN
ejge-4308	391	12	(	(	PUNCT
ejge-4308	391	13	%	%	INTJ
ejge-4308	391	14	)	)	PUNCT
ejge-4308	391	15	accumulated	accumulate	VERB
ejge-4308	391	16	over	over	ADP
ejge-4308	391	17	5	5	NUM
ejge-4308	391	18	years	year	NOUN
ejge-4308	391	19	-5	-5	VERB
ejge-4308	391	20	0	0	NUM
ejge-4308	391	21	5	5	NUM
ejge-4308	391	22	1	1	NUM
ejge-4308	391	23	0	0	NUM
ejge-4308	391	24	r	r	NOUN
ejge-4308	391	25	e	e	NOUN
ejge-4308	391	26	al	al	PROPN
ejge-4308	391	27	g	g	PROPN
ejge-4308	392	1	d	d	PROPN
ejge-4308	392	2	p	p	X
ejge-4308	392	3	p	p	X
ejge-4308	392	4	e	e	NOUN
ejge-4308	392	5	r	r	NOUN
ejge-4308	392	6	ca	can	AUX
ejge-4308	392	7	pi	pi	VERB
ejge-4308	392	8	ta	ta	PROPN
ejge-4308	392	9	g	g	PROPN
ejge-4308	392	10	ro	ro	PROPN
ejge-4308	392	11	w	w	X
ejge-4308	392	12	th	th	X
ejge-4308	392	13	r	r	NOUN
ejge-4308	392	14	a	a	DET
ejge-4308	392	15	te	te	PROPN
ejge-4308	392	16	(	(	PUNCT
ejge-4308	392	17	%	%	NOUN
ejge-4308	392	18	)	)	PUNCT
ejge-4308	392	19	-50	-50	PUNCT
ejge-4308	392	20	-25	-25	PUNCT
ejge-4308	392	21	0	0	NUM
ejge-4308	392	22	25	25	NUM
ejge-4308	392	23	50	50	NUM
ejge-4308	392	24	75	75	NUM
ejge-4308	392	25	change	change	NOUN
ejge-4308	392	26	in	in	ADP
ejge-4308	392	27	total	total	ADJ
ejge-4308	392	28	debt	debt	NOUN
ejge-4308	392	29	to	to	ADP
ejge-4308	392	30	gdp	gdp	NOUN
ejge-4308	392	31	(	(	PUNCT
ejge-4308	392	32	%	%	INTJ
ejge-4308	392	33	)	)	PUNCT
ejge-4308	392	34	accumulated	accumulate	VERB
ejge-4308	392	35	over	over	ADP
ejge-4308	392	36	10	10	NUM
ejge-4308	392	37	years	year	NOUN
ejge-4308	392	38	-5	-5	VERB
ejge-4308	392	39	0	0	NUM
ejge-4308	392	40	5	5	NUM
ejge-4308	392	41	1	1	NUM
ejge-4308	392	42	0	0	NUM
ejge-4308	392	43	r	r	NOUN
ejge-4308	392	44	e	e	NOUN
ejge-4308	392	45	al	al	PROPN
ejge-4308	392	46	g	g	PROPN
ejge-4308	392	47	d	d	PROPN
ejge-4308	392	48	p	p	X
ejge-4308	392	49	p	p	X
ejge-4308	392	50	e	e	NOUN
ejge-4308	392	51	r	r	NOUN
ejge-4308	392	52	ca	can	AUX
ejge-4308	392	53	pi	pi	VERB
ejge-4308	392	54	ta	ta	PROPN
ejge-4308	392	55	g	g	PROPN
ejge-4308	392	56	ro	ro	PROPN
ejge-4308	392	57	w	w	X
ejge-4308	392	58	th	th	X
ejge-4308	392	59	r	r	NOUN
ejge-4308	392	60	a	a	DET
ejge-4308	392	61	te	te	PROPN
ejge-4308	392	62	(	(	PUNCT
ejge-4308	392	63	%	%	NOUN
ejge-4308	392	64	)	)	PUNCT
ejge-4308	392	65	-30	-30	SYM
ejge-4308	392	66	0	0	NUM
ejge-4308	393	1	30	30	NUM
ejge-4308	393	2	60	60	NUM
ejge-4308	393	3	90	90	NUM
ejge-4308	393	4	120	120	NUM
ejge-4308	393	5	change	change	NOUN
ejge-4308	393	6	in	in	ADP
ejge-4308	393	7	total	total	ADJ
ejge-4308	393	8	debt	debt	NOUN
ejge-4308	393	9	to	to	ADP
ejge-4308	393	10	gdp	gdp	NOUN
ejge-4308	393	11	(	(	PUNCT
ejge-4308	393	12	%	%	INTJ
ejge-4308	393	13	)	)	PUNCT
ejge-4308	393	14	accumulated	accumulate	VERB
ejge-4308	393	15	over	over	ADP
ejge-4308	393	16	15	15	NUM
ejge-4308	393	17	years	year	NOUN
ejge-4308	393	18	-5	-5	VERB
ejge-4308	393	19	0	0	NUM
ejge-4308	393	20	5	5	NUM
ejge-4308	393	21	1	1	NUM
ejge-4308	393	22	0	0	NUM
ejge-4308	393	23	r	r	NOUN
ejge-4308	393	24	e	e	NOUN
ejge-4308	393	25	al	al	PROPN
ejge-4308	393	26	g	g	PROPN
ejge-4308	394	1	d	d	PROPN
ejge-4308	394	2	p	p	X
ejge-4308	394	3	p	p	X
ejge-4308	394	4	e	e	NOUN
ejge-4308	394	5	r	r	NOUN
ejge-4308	394	6	ca	can	AUX
ejge-4308	394	7	pi	pi	VERB
ejge-4308	394	8	ta	ta	PROPN
ejge-4308	394	9	g	g	PROPN
ejge-4308	394	10	ro	ro	PROPN
ejge-4308	394	11	w	w	X
ejge-4308	394	12	th	th	X
ejge-4308	394	13	r	r	NOUN
ejge-4308	394	14	a	a	DET
ejge-4308	394	15	te	te	PROPN
ejge-4308	394	16	(	(	PUNCT
ejge-4308	394	17	%	%	NOUN
ejge-4308	394	18	)	)	PUNCT
ejge-4308	394	19	-10	-10	PUNCT
ejge-4308	395	1	-5	-5	PUNCT
ejge-4308	395	2	0	0	NUM
ejge-4308	395	3	5	5	NUM
ejge-4308	395	4	10	10	NUM
ejge-4308	395	5	15	15	NUM
ejge-4308	395	6	change	change	NOUN
ejge-4308	395	7	in	in	ADP
ejge-4308	395	8	public	public	ADJ
ejge-4308	395	9	debt	debt	NOUN
ejge-4308	395	10	to	to	ADP
ejge-4308	395	11	gdp	gdp	NOUN
ejge-4308	395	12	(	(	PUNCT
ejge-4308	395	13	%	%	INTJ
ejge-4308	395	14	)	)	PUNCT
ejge-4308	395	15	accumulated	accumulate	VERB
ejge-4308	395	16	over	over	ADP
ejge-4308	395	17	1	1	NUM
ejge-4308	395	18	year	year	NOUN
ejge-4308	395	19	-5	-5	NOUN
ejge-4308	395	20	0	0	NUM
ejge-4308	395	21	5	5	NUM
ejge-4308	395	22	1	1	NUM
ejge-4308	395	23	0	0	NUM
ejge-4308	395	24	r	r	NOUN
ejge-4308	395	25	e	e	NOUN
ejge-4308	395	26	al	al	PROPN
ejge-4308	395	27	g	g	PROPN
ejge-4308	396	1	d	d	PROPN
ejge-4308	396	2	p	p	X
ejge-4308	396	3	p	p	X
ejge-4308	396	4	e	e	NOUN
ejge-4308	396	5	r	r	NOUN
ejge-4308	396	6	ca	can	AUX
ejge-4308	396	7	pi	pi	VERB
ejge-4308	396	8	ta	ta	PROPN
ejge-4308	396	9	g	g	PROPN
ejge-4308	396	10	ro	ro	PROPN
ejge-4308	396	11	w	w	X
ejge-4308	396	12	th	th	X
ejge-4308	396	13	r	r	NOUN
ejge-4308	396	14	a	a	DET
ejge-4308	396	15	te	te	PROPN
ejge-4308	396	16	(	(	PUNCT
ejge-4308	396	17	%	%	NOUN
ejge-4308	396	18	)	)	PUNCT
ejge-4308	396	19	-30	-30	PUNCT
ejge-4308	397	1	-15	-15	PUNCT
ejge-4308	397	2	0	0	NUM
ejge-4308	397	3	15	15	NUM
ejge-4308	397	4	30	30	NUM
ejge-4308	397	5	45	45	NUM
ejge-4308	397	6	change	change	NOUN
ejge-4308	397	7	in	in	ADP
ejge-4308	397	8	public	public	ADJ
ejge-4308	397	9	debt	debt	NOUN
ejge-4308	397	10	to	to	ADP
ejge-4308	397	11	gdp	gdp	NOUN
ejge-4308	397	12	(	(	PUNCT
ejge-4308	397	13	%	%	INTJ
ejge-4308	397	14	)	)	PUNCT
ejge-4308	397	15	accumulated	accumulate	VERB
ejge-4308	397	16	over	over	ADP
ejge-4308	397	17	5	5	NUM
ejge-4308	397	18	years	year	NOUN
ejge-4308	397	19	-5	-5	VERB
ejge-4308	397	20	0	0	NUM
ejge-4308	397	21	5	5	NUM
ejge-4308	397	22	1	1	NUM
ejge-4308	397	23	0	0	NUM
ejge-4308	397	24	r	r	NOUN
ejge-4308	397	25	e	e	NOUN
ejge-4308	397	26	al	al	PROPN
ejge-4308	397	27	g	g	PROPN
ejge-4308	398	1	d	d	PROPN
ejge-4308	398	2	p	p	X
ejge-4308	398	3	p	p	X
ejge-4308	398	4	e	e	NOUN
ejge-4308	398	5	r	r	NOUN
ejge-4308	398	6	ca	can	AUX
ejge-4308	398	7	pi	pi	VERB
ejge-4308	398	8	ta	ta	PROPN
ejge-4308	398	9	g	g	PROPN
ejge-4308	398	10	ro	ro	PROPN
ejge-4308	398	11	w	w	X
ejge-4308	398	12	th	th	X
ejge-4308	398	13	r	r	NOUN
ejge-4308	398	14	a	a	DET
ejge-4308	398	15	te	te	PROPN
ejge-4308	398	16	(	(	PUNCT
ejge-4308	398	17	%	%	NOUN
ejge-4308	398	18	)	)	PUNCT
ejge-4308	398	19	-50	-50	PUNCT
ejge-4308	398	20	-25	-25	PUNCT
ejge-4308	398	21	0	0	NUM
ejge-4308	398	22	25	25	NUM
ejge-4308	398	23	50	50	NUM
ejge-4308	398	24	75	75	NUM
ejge-4308	398	25	change	change	NOUN
ejge-4308	398	26	in	in	ADP
ejge-4308	398	27	public	public	ADJ
ejge-4308	398	28	debt	debt	NOUN
ejge-4308	398	29	to	to	ADP
ejge-4308	398	30	gdp	gdp	NOUN
ejge-4308	398	31	(	(	PUNCT
ejge-4308	398	32	%	%	INTJ
ejge-4308	398	33	)	)	PUNCT
ejge-4308	398	34	accumulated	accumulate	VERB
ejge-4308	398	35	over	over	ADP
ejge-4308	398	36	10	10	NUM
ejge-4308	398	37	years	year	NOUN
ejge-4308	398	38	-5	-5	VERB
ejge-4308	398	39	0	0	NUM
ejge-4308	398	40	5	5	NUM
ejge-4308	398	41	1	1	NUM
ejge-4308	398	42	0	0	NUM
ejge-4308	398	43	r	r	NOUN
ejge-4308	398	44	e	e	NOUN
ejge-4308	398	45	al	al	PROPN
ejge-4308	398	46	g	g	PROPN
ejge-4308	398	47	d	d	PROPN
ejge-4308	398	48	p	p	X
ejge-4308	398	49	p	p	X
ejge-4308	398	50	e	e	NOUN
ejge-4308	398	51	r	r	NOUN
ejge-4308	398	52	ca	can	AUX
ejge-4308	398	53	pi	pi	VERB
ejge-4308	398	54	ta	ta	PROPN
ejge-4308	398	55	g	g	PROPN
ejge-4308	398	56	ro	ro	PROPN
ejge-4308	398	57	w	w	X
ejge-4308	398	58	th	th	X
ejge-4308	398	59	r	r	NOUN
ejge-4308	398	60	a	a	DET
ejge-4308	398	61	te	te	PROPN
ejge-4308	398	62	(	(	PUNCT
ejge-4308	398	63	%	%	NOUN
ejge-4308	398	64	)	)	PUNCT
ejge-4308	398	65	-50	-50	PUNCT
ejge-4308	399	1	-25	-25	PUNCT
ejge-4308	399	2	0	0	NUM
ejge-4308	399	3	25	25	NUM
ejge-4308	399	4	50	50	NUM
ejge-4308	399	5	75	75	NUM
ejge-4308	399	6	change	change	NOUN
ejge-4308	399	7	in	in	ADP
ejge-4308	399	8	public	public	ADJ
ejge-4308	399	9	debt	debt	NOUN
ejge-4308	399	10	to	to	ADP
ejge-4308	399	11	gdp	gdp	NOUN
ejge-4308	399	12	(	(	PUNCT
ejge-4308	399	13	%	%	INTJ
ejge-4308	399	14	)	)	PUNCT
ejge-4308	399	15	accumulated	accumulate	VERB
ejge-4308	399	16	over	over	ADP
ejge-4308	399	17	15	15	NUM
ejge-4308	399	18	years	year	NOUN
ejge-4308	399	19	european	european	PROPN
ejge-4308	399	20	journal	journal	PROPN
ejge-4308	399	21	of	of	ADP
ejge-4308	399	22	government	government	NOUN
ejge-4308	399	23	and	and	CCONJ
ejge-4308	399	24	economics	economic	NOUN
ejge-4308	399	25	4(2	4(2	NUM
ejge-4308	399	26	)	)	PUNCT
ejge-4308	399	27	95	95	NUM
ejge-4308	399	28	5.4	5.4	NUM
ejge-4308	399	29	.	.	PUNCT
ejge-4308	400	1	long	long	ADJ
ejge-4308	400	2	-	-	PUNCT
ejge-4308	400	3	term	term	NOUN
ejge-4308	400	4	(	(	PUNCT
ejge-4308	400	5	15	15	NUM
ejge-4308	400	6	years	year	NOUN
ejge-4308	400	7	)	)	PUNCT
ejge-4308	400	8	finally	finally	ADV
ejge-4308	400	9	,	,	PUNCT
ejge-4308	400	10	figure	figure	VERB
ejge-4308	400	11	14	14	NUM
ejge-4308	400	12	presents	present	VERB
ejge-4308	400	13	the	the	DET
ejge-4308	400	14	results	result	NOUN
ejge-4308	400	15	of	of	ADP
ejge-4308	400	16	our	our	PRON
ejge-4308	400	17	analysis	analysis	NOUN
ejge-4308	400	18	on	on	ADP
ejge-4308	400	19	growth	growth	NOUN
ejge-4308	400	20	performance	performance	NOUN
ejge-4308	400	21	over	over	ADP
ejge-4308	400	22	a	a	DET
ejge-4308	400	23	15	15	NUM
ejge-4308	400	24	year	year	NOUN
ejge-4308	400	25	horizon	horizon	NOUN
ejge-4308	400	26	(	(	PUNCT
ejge-4308	400	27	h=15	h=15	X
ejge-4308	400	28	)	)	PUNCT
ejge-4308	400	29	20	20	NUM
ejge-4308	400	30	and	and	CCONJ
ejge-4308	400	31	debt	debt	NOUN
ejge-4308	400	32	accumulating	accumulate	VERB
ejge-4308	400	33	over	over	ADP
ejge-4308	400	34	1	1	NUM
ejge-4308	400	35	,	,	PUNCT
ejge-4308	400	36	5	5	NUM
ejge-4308	400	37	,	,	PUNCT
ejge-4308	400	38	10	10	NUM
ejge-4308	400	39	and	and	CCONJ
ejge-4308	400	40	15	15	NUM
ejge-4308	400	41	years	year	NOUN
ejge-4308	400	42	(	(	PUNCT
ejge-4308	400	43	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	400	44	)	)	PUNCT
ejge-4308	400	45	.	.	PUNCT
ejge-4308	401	1	we	we	PRON
ejge-4308	401	2	find	find	VERB
ejge-4308	401	3	that	that	SCONJ
ejge-4308	401	4	countries	country	NOUN
ejge-4308	401	5	experiencing	experience	VERB
ejge-4308	401	6	a	a	DET
ejge-4308	401	7	significant	significant	ADJ
ejge-4308	401	8	increase	increase	NOUN
ejge-4308	401	9	in	in	ADP
ejge-4308	401	10	their	their	PRON
ejge-4308	401	11	total	total	ADJ
ejge-4308	401	12	debt	debt	NOUN
ejge-4308	401	13	level	level	NOUN
ejge-4308	401	14	do	do	AUX
ejge-4308	401	15	not	not	PART
ejge-4308	401	16	record	record	VERB
ejge-4308	401	17	worse	bad	ADJ
ejge-4308	401	18	economic	economic	ADJ
ejge-4308	401	19	performances	performance	NOUN
ejge-4308	401	20	over	over	ADP
ejge-4308	401	21	the	the	DET
ejge-4308	401	22	longer	long	ADJ
ejge-4308	401	23	term	term	NOUN
ejge-4308	401	24	than	than	ADP
ejge-4308	401	25	countries	country	NOUN
ejge-4308	401	26	with	with	ADP
ejge-4308	401	27	a	a	DET
ejge-4308	401	28	constant	constant	ADJ
ejge-4308	401	29	or	or	CCONJ
ejge-4308	401	30	declining	decline	VERB
ejge-4308	401	31	total	total	ADJ
ejge-4308	401	32	debt	debt	NOUN
ejge-4308	401	33	level	level	NOUN
ejge-4308	401	34	.	.	PUNCT
ejge-4308	402	1	if	if	SCONJ
ejge-4308	402	2	anything	anything	PRON
ejge-4308	402	3	,	,	PUNCT
ejge-4308	402	4	there	there	PRON
ejge-4308	402	5	is	be	VERB
ejge-4308	402	6	a	a	DET
ejge-4308	402	7	slightly	slightly	ADV
ejge-4308	402	8	positive	positive	ADJ
ejge-4308	402	9	relationship	relationship	NOUN
ejge-4308	402	10	between	between	ADP
ejge-4308	402	11	debt	debt	NOUN
ejge-4308	402	12	accumulation	accumulation	NOUN
ejge-4308	402	13	and	and	CCONJ
ejge-4308	402	14	longer	long	ADJ
ejge-4308	402	15	term	term	NOUN
ejge-4308	402	16	growth	growth	NOUN
ejge-4308	402	17	;	;	PUNCT
ejge-4308	402	18	spearman	spearman	NOUN
ejge-4308	402	19	’s	’s	PART
ejge-4308	402	20	rank	rank	NOUN
ejge-4308	402	21	correlation	correlation	NOUN
ejge-4308	402	22	is	be	AUX
ejge-4308	402	23	positive	positive	ADJ
ejge-4308	402	24	for	for	ADP
ejge-4308	402	25	all	all	DET
ejge-4308	402	26	four	four	NUM
ejge-4308	402	27	curves	curve	NOUN
ejge-4308	402	28	and	and	CCONJ
ejge-4308	402	29	ranges	range	NOUN
ejge-4308	402	30	between	between	ADP
ejge-4308	402	31	0.01	0.01	NUM
ejge-4308	402	32	and	and	CCONJ
ejge-4308	402	33	0.13	0.13	NUM
ejge-4308	402	34	.	.	PUNCT
ejge-4308	403	1	appendix	appendix	NOUN
ejge-4308	403	2	h	h	NOUN
ejge-4308	403	3	demonstrates	demonstrate	VERB
ejge-4308	403	4	that	that	SCONJ
ejge-4308	403	5	we	we	PRON
ejge-4308	403	6	get	get	VERB
ejge-4308	403	7	similar	similar	ADJ
ejge-4308	403	8	results	result	NOUN
ejge-4308	403	9	once	once	ADV
ejge-4308	403	10	extreme	extreme	ADJ
ejge-4308	403	11	values	value	NOUN
ejge-4308	403	12	are	be	AUX
ejge-4308	403	13	removed	remove	VERB
ejge-4308	403	14	.	.	PUNCT
ejge-4308	404	1	moreover	moreover	ADV
ejge-4308	404	2	,	,	PUNCT
ejge-4308	404	3	we	we	PRON
ejge-4308	404	4	compared	compare	VERB
ejge-4308	404	5	the	the	DET
ejge-4308	404	6	regression	regression	NOUN
ejge-4308	404	7	coefficients	coefficient	NOUN
ejge-4308	404	8	among	among	ADP
ejge-4308	404	9	the	the	DET
ejge-4308	404	10	four	four	NUM
ejge-4308	404	11	groups	group	NOUN
ejge-4308	404	12	.	.	PUNCT
ejge-4308	405	1	they	they	PRON
ejge-4308	405	2	do	do	AUX
ejge-4308	405	3	not	not	PART
ejge-4308	405	4	siffer	siffer	VERB
ejge-4308	405	5	significantly	significantly	ADV
ejge-4308	405	6	(	(	PUNCT
ejge-4308	405	7	f=1.36	f=1.36	NOUN
ejge-4308	405	8	,	,	PUNCT
ejge-4308	405	9	p=0.2540	p=0.2540	PROPN
ejge-4308	405	10	)	)	PUNCT
ejge-4308	405	11	,	,	PUNCT
ejge-4308	405	12	which	which	PRON
ejge-4308	405	13	means	mean	VERB
ejge-4308	405	14	that	that	SCONJ
ejge-4308	405	15	the	the	DET
ejge-4308	405	16	period	period	NOUN
ejge-4308	405	17	over	over	ADP
ejge-4308	405	18	which	which	PRON
ejge-4308	405	19	debt	debt	NOUN
ejge-4308	405	20	is	be	AUX
ejge-4308	405	21	accumulated	accumulate	VERB
ejge-4308	405	22	is	be	AUX
ejge-4308	405	23	not	not	PART
ejge-4308	405	24	relevant	relevant	ADJ
ejge-4308	405	25	.	.	PUNCT
ejge-4308	406	1	the	the	DET
ejge-4308	406	2	regression	regression	NOUN
ejge-4308	406	3	coefficients	coefficient	NOUN
ejge-4308	406	4	between	between	ADP
ejge-4308	406	5	two	two	NUM
ejge-4308	406	6	groups	group	NOUN
ejge-4308	406	7	were	be	AUX
ejge-4308	406	8	also	also	ADV
ejge-4308	406	9	compared	compare	VERB
ejge-4308	406	10	pairwise	pairwise	NOUN
ejge-4308	406	11	(	(	PUNCT
ejge-4308	406	12	e.g.	e.g.	ADV
ejge-4308	406	13	comparing	compare	VERB
ejge-4308	406	14	debt	debt	NOUN
ejge-4308	406	15	accumulation	accumulation	NOUN
ejge-4308	406	16	over	over	ADP
ejge-4308	406	17	1	1	NUM
ejge-4308	406	18	year	year	NOUN
ejge-4308	406	19	with	with	ADP
ejge-4308	406	20	debt	debt	NOUN
ejge-4308	406	21	accumulation	accumulation	NOUN
ejge-4308	406	22	over	over	ADP
ejge-4308	406	23	10	10	NUM
ejge-4308	406	24	years	year	NOUN
ejge-4308	406	25	)	)	PUNCT
ejge-4308	406	26	.	.	PUNCT
ejge-4308	407	1	the	the	DET
ejge-4308	407	2	null	null	ADJ
ejge-4308	407	3	hypothesis	hypothesis	NOUN
ejge-4308	407	4	could	could	AUX
ejge-4308	407	5	not	not	PART
ejge-4308	407	6	be	be	AUX
ejge-4308	407	7	rejected	reject	VERB
ejge-4308	407	8	for	for	ADP
ejge-4308	407	9	any	any	DET
ejge-4308	407	10	comparison	comparison	NOUN
ejge-4308	407	11	.	.	PUNCT
ejge-4308	408	1	figure	figure	VERB
ejge-4308	408	2	14	14	NUM
ejge-4308	408	3	growth	growth	NOUN
ejge-4308	408	4	performance	performance	NOUN
ejge-4308	408	5	over	over	ADP
ejge-4308	408	6	15	15	NUM
ejge-4308	408	7	year	year	NOUN
ejge-4308	408	8	with	with	ADP
ejge-4308	408	9	debt	debt	NOUN
ejge-4308	408	10	accumulation	accumulation	NOUN
ejge-4308	408	11	over	over	ADP
ejge-4308	408	12	1	1	NUM
ejge-4308	408	13	-	-	SYM
ejge-4308	408	14	15	15	NUM
ejge-4308	408	15	year	year	NOUN
ejge-4308	408	16	(	(	PUNCT
ejge-4308	408	17	h=15	h=15	X
ejge-4308	408	18	and	and	CCONJ
ejge-4308	408	19	d=1,15	d=1,15	ADJ
ejge-4308	408	20	)	)	PUNCT
ejge-4308	408	21	figure	figure	NOUN
ejge-4308	408	22	15	15	NUM
ejge-4308	408	23	shows	show	VERB
ejge-4308	408	24	that	that	SCONJ
ejge-4308	408	25	there	there	PRON
ejge-4308	408	26	is	be	VERB
ejge-4308	408	27	hardly	hardly	ADV
ejge-4308	408	28	any	any	DET
ejge-4308	408	29	difference	difference	NOUN
ejge-4308	408	30	in	in	ADP
ejge-4308	408	31	the	the	DET
ejge-4308	408	32	correlation	correlation	NOUN
ejge-4308	408	33	between	between	ADP
ejge-4308	408	34	debt	debt	NOUN
ejge-4308	408	35	and	and	CCONJ
ejge-4308	408	36	long	long	ADJ
ejge-4308	408	37	-	-	PUNCT
ejge-4308	408	38	term	term	NOUN
ejge-4308	408	39	growth	growth	NOUN
ejge-4308	408	40	between	between	ADP
ejge-4308	408	41	public	public	ADJ
ejge-4308	408	42	debt	debt	NOUN
ejge-4308	408	43	and	and	CCONJ
ejge-4308	408	44	private	private	ADJ
ejge-4308	408	45	debt	debt	NOUN
ejge-4308	408	46	,	,	PUNCT
ejge-4308	408	47	with	with	ADP
ejge-4308	408	48	the	the	DET
ejge-4308	408	49	only	only	ADJ
ejge-4308	408	50	exception	exception	NOUN
ejge-4308	408	51	being	be	AUX
ejge-4308	408	52	public	public	ADJ
ejge-4308	408	53	debt	debt	NOUN
ejge-4308	408	54	accumulated	accumulate	VERB
ejge-4308	408	55	over	over	ADP
ejge-4308	408	56	1	1	NUM
ejge-4308	408	57	year	year	NOUN
ejge-4308	408	58	.	.	PUNCT
ejge-4308	409	1	20	20	NUM
ejge-4308	409	2	the	the	DET
ejge-4308	409	3	analysis	analysis	NOUN
ejge-4308	409	4	for	for	ADP
ejge-4308	409	5	economic	economic	ADJ
ejge-4308	409	6	growth	growth	NOUN
ejge-4308	409	7	over	over	ADP
ejge-4308	409	8	a	a	DET
ejge-4308	409	9	10	10	NUM
ejge-4308	409	10	year	year	NOUN
ejge-4308	409	11	period	period	NOUN
ejge-4308	409	12	yields	yield	VERB
ejge-4308	409	13	similar	similar	ADJ
ejge-4308	409	14	results	result	NOUN
ejge-4308	409	15	,	,	PUNCT
ejge-4308	409	16	as	as	SCONJ
ejge-4308	409	17	can	can	AUX
ejge-4308	409	18	be	be	AUX
ejge-4308	409	19	seen	see	VERB
ejge-4308	409	20	from	from	ADP
ejge-4308	409	21	appendices	appendix	NOUN
ejge-4308	409	22	e	e	NOUN
ejge-4308	409	23	-	-	NOUN
ejge-4308	409	24	g.	g.	NOUN
ejge-4308	409	25	-5	-5	PUNCT
ejge-4308	409	26	0	0	NUM
ejge-4308	410	1	5	5	NUM
ejge-4308	410	2	1	1	NUM
ejge-4308	410	3	0	0	NUM
ejge-4308	410	4	r	r	NOUN
ejge-4308	410	5	e	e	NOUN
ejge-4308	410	6	al	al	PROPN
ejge-4308	410	7	g	g	PROPN
ejge-4308	410	8	d	d	PROPN
ejge-4308	410	9	p	p	X
ejge-4308	410	10	p	p	X
ejge-4308	410	11	e	e	NOUN
ejge-4308	410	12	r	r	NOUN
ejge-4308	410	13	ca	can	AUX
ejge-4308	410	14	pi	pi	VERB
ejge-4308	410	15	ta	ta	PROPN
ejge-4308	410	16	g	g	PROPN
ejge-4308	410	17	ro	ro	PROPN
ejge-4308	410	18	w	w	X
ejge-4308	410	19	th	th	X
ejge-4308	410	20	r	r	NOUN
ejge-4308	410	21	a	a	DET
ejge-4308	410	22	te	te	PROPN
ejge-4308	410	23	(	(	PUNCT
ejge-4308	410	24	%	%	NOUN
ejge-4308	410	25	)	)	PUNCT
ejge-4308	410	26	-10	-10	PUNCT
ejge-4308	411	1	-5	-5	PUNCT
ejge-4308	411	2	0	0	NUM
ejge-4308	411	3	5	5	NUM
ejge-4308	411	4	10	10	NUM
ejge-4308	411	5	15	15	NUM
ejge-4308	411	6	change	change	NOUN
ejge-4308	411	7	in	in	ADP
ejge-4308	411	8	private	private	ADJ
ejge-4308	411	9	debt	debt	NOUN
ejge-4308	411	10	to	to	ADP
ejge-4308	411	11	gdp	gdp	NOUN
ejge-4308	411	12	(	(	PUNCT
ejge-4308	411	13	%	%	INTJ
ejge-4308	411	14	)	)	PUNCT
ejge-4308	411	15	accumulated	accumulate	VERB
ejge-4308	411	16	over	over	ADP
ejge-4308	411	17	1	1	NUM
ejge-4308	411	18	year	year	NOUN
ejge-4308	411	19	-5	-5	NOUN
ejge-4308	411	20	0	0	NUM
ejge-4308	411	21	5	5	NUM
ejge-4308	411	22	1	1	NUM
ejge-4308	411	23	0	0	NUM
ejge-4308	411	24	r	r	NOUN
ejge-4308	411	25	e	e	NOUN
ejge-4308	411	26	al	al	PROPN
ejge-4308	411	27	g	g	PROPN
ejge-4308	412	1	d	d	PROPN
ejge-4308	412	2	p	p	X
ejge-4308	412	3	p	p	X
ejge-4308	412	4	e	e	NOUN
ejge-4308	412	5	r	r	NOUN
ejge-4308	412	6	ca	can	AUX
ejge-4308	412	7	pi	pi	VERB
ejge-4308	412	8	ta	ta	PROPN
ejge-4308	412	9	g	g	PROPN
ejge-4308	412	10	ro	ro	PROPN
ejge-4308	412	11	w	w	X
ejge-4308	412	12	th	th	X
ejge-4308	412	13	r	r	NOUN
ejge-4308	412	14	a	a	DET
ejge-4308	412	15	te	te	PROPN
ejge-4308	412	16	(	(	PUNCT
ejge-4308	412	17	%	%	NOUN
ejge-4308	412	18	)	)	PUNCT
ejge-4308	412	19	-30	-30	PUNCT
ejge-4308	413	1	-15	-15	PUNCT
ejge-4308	413	2	0	0	NUM
ejge-4308	413	3	15	15	NUM
ejge-4308	413	4	30	30	NUM
ejge-4308	413	5	45	45	NUM
ejge-4308	413	6	change	change	NOUN
ejge-4308	413	7	in	in	ADP
ejge-4308	413	8	private	private	ADJ
ejge-4308	413	9	debt	debt	NOUN
ejge-4308	413	10	to	to	ADP
ejge-4308	413	11	gdp	gdp	NOUN
ejge-4308	413	12	(	(	PUNCT
ejge-4308	413	13	%	%	INTJ
ejge-4308	413	14	)	)	PUNCT
ejge-4308	413	15	accumulated	accumulate	VERB
ejge-4308	413	16	over	over	ADP
ejge-4308	413	17	5	5	NUM
ejge-4308	413	18	years	year	NOUN
ejge-4308	413	19	-5	-5	VERB
ejge-4308	413	20	0	0	NUM
ejge-4308	413	21	5	5	NUM
ejge-4308	413	22	1	1	NUM
ejge-4308	413	23	0	0	NUM
ejge-4308	413	24	r	r	NOUN
ejge-4308	413	25	e	e	NOUN
ejge-4308	413	26	al	al	PROPN
ejge-4308	413	27	g	g	PROPN
ejge-4308	414	1	d	d	PROPN
ejge-4308	414	2	p	p	X
ejge-4308	414	3	p	p	X
ejge-4308	414	4	e	e	NOUN
ejge-4308	414	5	r	r	NOUN
ejge-4308	414	6	ca	can	AUX
ejge-4308	414	7	pi	pi	VERB
ejge-4308	414	8	ta	ta	PROPN
ejge-4308	414	9	g	g	PROPN
ejge-4308	414	10	ro	ro	PROPN
ejge-4308	414	11	w	w	X
ejge-4308	414	12	th	th	X
ejge-4308	414	13	r	r	NOUN
ejge-4308	414	14	a	a	DET
ejge-4308	414	15	te	te	PROPN
ejge-4308	414	16	(	(	PUNCT
ejge-4308	414	17	%	%	NOUN
ejge-4308	414	18	)	)	PUNCT
ejge-4308	414	19	-50	-50	PUNCT
ejge-4308	414	20	-25	-25	PUNCT
ejge-4308	414	21	0	0	NUM
ejge-4308	414	22	25	25	NUM
ejge-4308	414	23	50	50	NUM
ejge-4308	414	24	75	75	NUM
ejge-4308	414	25	change	change	NOUN
ejge-4308	414	26	in	in	ADP
ejge-4308	414	27	private	private	ADJ
ejge-4308	414	28	debt	debt	NOUN
ejge-4308	414	29	to	to	ADP
ejge-4308	414	30	gdp	gdp	NOUN
ejge-4308	414	31	(	(	PUNCT
ejge-4308	414	32	%	%	INTJ
ejge-4308	414	33	)	)	PUNCT
ejge-4308	414	34	accumulated	accumulate	VERB
ejge-4308	414	35	over	over	ADP
ejge-4308	414	36	10	10	NUM
ejge-4308	414	37	years	year	NOUN
ejge-4308	414	38	-5	-5	VERB
ejge-4308	414	39	0	0	NUM
ejge-4308	414	40	5	5	NUM
ejge-4308	414	41	1	1	NUM
ejge-4308	414	42	0	0	NUM
ejge-4308	414	43	r	r	NOUN
ejge-4308	414	44	e	e	NOUN
ejge-4308	414	45	al	al	PROPN
ejge-4308	414	46	g	g	PROPN
ejge-4308	414	47	d	d	PROPN
ejge-4308	414	48	p	p	X
ejge-4308	414	49	p	p	X
ejge-4308	414	50	e	e	NOUN
ejge-4308	414	51	r	r	NOUN
ejge-4308	414	52	ca	can	AUX
ejge-4308	414	53	pi	pi	VERB
ejge-4308	414	54	ta	ta	PROPN
ejge-4308	414	55	g	g	PROPN
ejge-4308	414	56	ro	ro	PROPN
ejge-4308	414	57	w	w	X
ejge-4308	414	58	th	th	X
ejge-4308	414	59	r	r	NOUN
ejge-4308	414	60	a	a	DET
ejge-4308	414	61	te	te	PROPN
ejge-4308	414	62	(	(	PUNCT
ejge-4308	414	63	%	%	NOUN
ejge-4308	414	64	)	)	PUNCT
ejge-4308	414	65	-30	-30	SYM
ejge-4308	414	66	0	0	NUM
ejge-4308	415	1	30	30	NUM
ejge-4308	415	2	60	60	NUM
ejge-4308	415	3	90	90	NUM
ejge-4308	415	4	change	change	NOUN
ejge-4308	415	5	in	in	ADP
ejge-4308	415	6	private	private	ADJ
ejge-4308	415	7	debt	debt	NOUN
ejge-4308	415	8	to	to	ADP
ejge-4308	415	9	gdp	gdp	NOUN
ejge-4308	415	10	(	(	PUNCT
ejge-4308	415	11	%	%	INTJ
ejge-4308	415	12	)	)	PUNCT
ejge-4308	415	13	accumulated	accumulate	VERB
ejge-4308	415	14	over	over	ADP
ejge-4308	415	15	15	15	NUM
ejge-4308	415	16	years	year	NOUN
ejge-4308	415	17	-5	-5	VERB
ejge-4308	415	18	0	0	NUM
ejge-4308	415	19	5	5	NUM
ejge-4308	415	20	1	1	NUM
ejge-4308	415	21	0	0	NUM
ejge-4308	415	22	r	r	NOUN
ejge-4308	415	23	e	e	NOUN
ejge-4308	415	24	al	al	PROPN
ejge-4308	415	25	g	g	PROPN
ejge-4308	416	1	d	d	PROPN
ejge-4308	416	2	p	p	X
ejge-4308	416	3	p	p	X
ejge-4308	416	4	e	e	NOUN
ejge-4308	416	5	r	r	NOUN
ejge-4308	416	6	ca	can	AUX
ejge-4308	416	7	pi	pi	VERB
ejge-4308	416	8	ta	ta	PROPN
ejge-4308	416	9	g	g	PROPN
ejge-4308	416	10	ro	ro	PROPN
ejge-4308	416	11	w	w	X
ejge-4308	416	12	th	th	X
ejge-4308	416	13	r	r	NOUN
ejge-4308	416	14	a	a	DET
ejge-4308	416	15	te	te	PROPN
ejge-4308	416	16	(	(	PUNCT
ejge-4308	416	17	%	%	NOUN
ejge-4308	416	18	)	)	PUNCT
ejge-4308	416	19	-15	-15	PUNCT
ejge-4308	417	1	-5	-5	PUNCT
ejge-4308	417	2	5	5	NUM
ejge-4308	417	3	15	15	NUM
ejge-4308	417	4	25	25	NUM
ejge-4308	417	5	change	change	NOUN
ejge-4308	417	6	in	in	ADP
ejge-4308	417	7	total	total	ADJ
ejge-4308	417	8	debt	debt	NOUN
ejge-4308	417	9	to	to	ADP
ejge-4308	417	10	gdp	gdp	NOUN
ejge-4308	417	11	(	(	PUNCT
ejge-4308	417	12	%	%	INTJ
ejge-4308	417	13	)	)	PUNCT
ejge-4308	417	14	accumulated	accumulate	VERB
ejge-4308	417	15	over	over	ADP
ejge-4308	417	16	1	1	NUM
ejge-4308	417	17	year	year	NOUN
ejge-4308	417	18	-5	-5	NOUN
ejge-4308	417	19	0	0	NUM
ejge-4308	417	20	5	5	NUM
ejge-4308	417	21	1	1	NUM
ejge-4308	417	22	0	0	NUM
ejge-4308	417	23	r	r	NOUN
ejge-4308	417	24	e	e	NOUN
ejge-4308	417	25	al	al	PROPN
ejge-4308	417	26	g	g	PROPN
ejge-4308	418	1	d	d	PROPN
ejge-4308	418	2	p	p	X
ejge-4308	418	3	p	p	X
ejge-4308	418	4	e	e	NOUN
ejge-4308	418	5	r	r	NOUN
ejge-4308	418	6	ca	can	AUX
ejge-4308	418	7	pi	pi	VERB
ejge-4308	418	8	ta	ta	PROPN
ejge-4308	418	9	g	g	PROPN
ejge-4308	418	10	ro	ro	PROPN
ejge-4308	418	11	w	w	X
ejge-4308	418	12	th	th	X
ejge-4308	418	13	r	r	NOUN
ejge-4308	418	14	a	a	DET
ejge-4308	418	15	te	te	PROPN
ejge-4308	418	16	(	(	PUNCT
ejge-4308	418	17	%	%	NOUN
ejge-4308	418	18	)	)	PUNCT
ejge-4308	418	19	-50	-50	PUNCT
ejge-4308	418	20	-25	-25	PUNCT
ejge-4308	418	21	0	0	NUM
ejge-4308	418	22	25	25	NUM
ejge-4308	418	23	50	50	NUM
ejge-4308	418	24	change	change	NOUN
ejge-4308	418	25	in	in	ADP
ejge-4308	418	26	total	total	ADJ
ejge-4308	418	27	debt	debt	NOUN
ejge-4308	418	28	to	to	ADP
ejge-4308	418	29	gdp	gdp	NOUN
ejge-4308	418	30	(	(	PUNCT
ejge-4308	418	31	%	%	INTJ
ejge-4308	418	32	)	)	PUNCT
ejge-4308	418	33	accumulated	accumulate	VERB
ejge-4308	418	34	over	over	ADP
ejge-4308	418	35	5	5	NUM
ejge-4308	418	36	years	year	NOUN
ejge-4308	418	37	-5	-5	VERB
ejge-4308	418	38	0	0	NUM
ejge-4308	418	39	5	5	NUM
ejge-4308	418	40	1	1	NUM
ejge-4308	418	41	0	0	NUM
ejge-4308	418	42	r	r	NOUN
ejge-4308	418	43	e	e	NOUN
ejge-4308	418	44	al	al	PROPN
ejge-4308	418	45	g	g	PROPN
ejge-4308	418	46	d	d	PROPN
ejge-4308	418	47	p	p	X
ejge-4308	418	48	p	p	X
ejge-4308	418	49	e	e	NOUN
ejge-4308	418	50	r	r	NOUN
ejge-4308	418	51	ca	can	AUX
ejge-4308	418	52	pi	pi	VERB
ejge-4308	418	53	ta	ta	PROPN
ejge-4308	418	54	g	g	PROPN
ejge-4308	418	55	ro	ro	PROPN
ejge-4308	418	56	w	w	X
ejge-4308	418	57	th	th	X
ejge-4308	418	58	r	r	NOUN
ejge-4308	418	59	a	a	DET
ejge-4308	418	60	te	te	PROPN
ejge-4308	418	61	(	(	PUNCT
ejge-4308	418	62	%	%	NOUN
ejge-4308	418	63	)	)	PUNCT
ejge-4308	418	64	-25	-25	PUNCT
ejge-4308	419	1	0	0	NUM
ejge-4308	419	2	25	25	NUM
ejge-4308	419	3	50	50	NUM
ejge-4308	419	4	75	75	NUM
ejge-4308	419	5	change	change	NOUN
ejge-4308	419	6	in	in	ADP
ejge-4308	419	7	total	total	ADJ
ejge-4308	419	8	debt	debt	NOUN
ejge-4308	419	9	to	to	ADP
ejge-4308	419	10	gdp	gdp	NOUN
ejge-4308	419	11	(	(	PUNCT
ejge-4308	419	12	%	%	INTJ
ejge-4308	419	13	)	)	PUNCT
ejge-4308	419	14	accumulated	accumulate	VERB
ejge-4308	419	15	over	over	ADP
ejge-4308	419	16	10	10	NUM
ejge-4308	419	17	years	year	NOUN
ejge-4308	419	18	-5	-5	VERB
ejge-4308	419	19	0	0	NUM
ejge-4308	419	20	5	5	NUM
ejge-4308	419	21	1	1	NUM
ejge-4308	419	22	0	0	NUM
ejge-4308	419	23	r	r	NOUN
ejge-4308	419	24	e	e	NOUN
ejge-4308	419	25	al	al	PROPN
ejge-4308	419	26	g	g	PROPN
ejge-4308	419	27	d	d	PROPN
ejge-4308	419	28	p	p	X
ejge-4308	419	29	p	p	X
ejge-4308	419	30	e	e	NOUN
ejge-4308	419	31	r	r	NOUN
ejge-4308	419	32	ca	can	AUX
ejge-4308	419	33	pi	pi	VERB
ejge-4308	419	34	ta	ta	PROPN
ejge-4308	419	35	g	g	PROPN
ejge-4308	419	36	ro	ro	PROPN
ejge-4308	419	37	w	w	X
ejge-4308	419	38	th	th	X
ejge-4308	419	39	r	r	NOUN
ejge-4308	419	40	a	a	DET
ejge-4308	419	41	te	te	PROPN
ejge-4308	419	42	(	(	PUNCT
ejge-4308	419	43	%	%	NOUN
ejge-4308	419	44	)	)	PUNCT
ejge-4308	419	45	-30	-30	SYM
ejge-4308	419	46	0	0	NUM
ejge-4308	420	1	30	30	NUM
ejge-4308	420	2	60	60	NUM
ejge-4308	420	3	90	90	NUM
ejge-4308	420	4	change	change	NOUN
ejge-4308	420	5	in	in	ADP
ejge-4308	420	6	total	total	ADJ
ejge-4308	420	7	debt	debt	NOUN
ejge-4308	420	8	to	to	ADP
ejge-4308	420	9	gdp	gdp	NOUN
ejge-4308	420	10	(	(	PUNCT
ejge-4308	420	11	%	%	INTJ
ejge-4308	420	12	)	)	PUNCT
ejge-4308	420	13	accumulated	accumulate	VERB
ejge-4308	420	14	over	over	ADP
ejge-4308	420	15	15	15	NUM
ejge-4308	420	16	years	year	NOUN
ejge-4308	420	17	vanlaer	vanlaer	NOUN
ejge-4308	420	18	,	,	PUNCT
ejge-4308	420	19	marneffe	marneffe	PROPN
ejge-4308	420	20	,	,	PUNCT
ejge-4308	420	21	vereeck	vereeck	PROPN
ejge-4308	420	22	,	,	PUNCT
ejge-4308	420	23	van	van	PROPN
ejge-4308	420	24	overtveldt	overtveldt	PROPN
ejge-4308	420	25	●	●	X
ejge-4308	420	26	does	do	AUX
ejge-4308	420	27	debt	debt	NOUN
ejge-4308	420	28	predict	predict	VERB
ejge-4308	420	29	growth	growth	NOUN
ejge-4308	420	30	?	?	PUNCT
ejge-4308	421	1	96	96	NUM
ejge-4308	421	2	figure	figure	NOUN
ejge-4308	421	3	15	15	NUM
ejge-4308	421	4	growth	growth	NOUN
ejge-4308	421	5	performance	performance	NOUN
ejge-4308	421	6	over	over	ADP
ejge-4308	421	7	15	15	NUM
ejge-4308	421	8	years	year	NOUN
ejge-4308	421	9	with	with	ADP
ejge-4308	421	10	debt	debt	NOUN
ejge-4308	421	11	accumulation	accumulation	NOUN
ejge-4308	421	12	over	over	ADP
ejge-4308	421	13	1	1	NUM
ejge-4308	421	14	-	-	SYM
ejge-4308	421	15	15	15	NUM
ejge-4308	421	16	year	year	NOUN
ejge-4308	421	17	(	(	PUNCT
ejge-4308	421	18	h=15	h=15	X
ejge-4308	421	19	and	and	CCONJ
ejge-4308	421	20	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	421	21	)	)	PUNCT
ejge-4308	421	22	–	–	PUNCT
ejge-4308	421	23	public	public	ADJ
ejge-4308	421	24	&	&	CCONJ
ejge-4308	421	25	private	private	ADJ
ejge-4308	421	26	debt	debt	NOUN
ejge-4308	421	27	6	6	NUM
ejge-4308	421	28	.	.	PUNCT
ejge-4308	421	29	discussion	discussion	NOUN
ejge-4308	421	30	of	of	ADP
ejge-4308	421	31	results	result	NOUN
ejge-4308	421	32	although	although	SCONJ
ejge-4308	421	33	the	the	DET
ejge-4308	421	34	recent	recent	ADJ
ejge-4308	421	35	global	global	ADJ
ejge-4308	421	36	financial	financial	ADJ
ejge-4308	421	37	crisis	crisis	NOUN
ejge-4308	421	38	has	have	AUX
ejge-4308	421	39	produced	produce	VERB
ejge-4308	421	40	a	a	DET
ejge-4308	421	41	vast	vast	ADJ
ejge-4308	421	42	amount	amount	NOUN
ejge-4308	421	43	of	of	ADP
ejge-4308	421	44	research	research	NOUN
ejge-4308	421	45	on	on	ADP
ejge-4308	421	46	the	the	DET
ejge-4308	421	47	impact	impact	NOUN
ejge-4308	421	48	of	of	ADP
ejge-4308	421	49	public	public	ADJ
ejge-4308	421	50	debt	debt	NOUN
ejge-4308	421	51	on	on	ADP
ejge-4308	421	52	economic	economic	ADJ
ejge-4308	421	53	growth	growth	NOUN
ejge-4308	421	54	and	and	CCONJ
ejge-4308	421	55	increasingly	increasingly	ADV
ejge-4308	421	56	also	also	ADV
ejge-4308	421	57	on	on	ADP
ejge-4308	421	58	the	the	DET
ejge-4308	421	59	role	role	NOUN
ejge-4308	421	60	of	of	ADP
ejge-4308	421	61	private	private	ADJ
ejge-4308	421	62	credit	credit	NOUN
ejge-4308	421	63	,	,	PUNCT
ejge-4308	421	64	the	the	DET
ejge-4308	421	65	total	total	ADJ
ejge-4308	421	66	levels	level	NOUN
ejge-4308	421	67	of	of	ADP
ejge-4308	421	68	indebtedness	indebtedness	NOUN
ejge-4308	421	69	of	of	ADP
ejge-4308	421	70	an	an	DET
ejge-4308	421	71	economy	economy	NOUN
ejge-4308	421	72	have	have	AUX
ejge-4308	421	73	largely	largely	ADV
ejge-4308	421	74	been	be	AUX
ejge-4308	421	75	ignored	ignore	VERB
ejge-4308	421	76	.	.	PUNCT
ejge-4308	422	1	our	our	PRON
ejge-4308	422	2	paper	paper	NOUN
ejge-4308	422	3	for	for	ADP
ejge-4308	422	4	the	the	DET
ejge-4308	422	5	first	first	ADJ
ejge-4308	422	6	time	time	NOUN
ejge-4308	422	7	attempts	attempt	VERB
ejge-4308	422	8	to	to	PART
ejge-4308	422	9	fill	fill	VERB
ejge-4308	422	10	that	that	DET
ejge-4308	422	11	void	void	NOUN
ejge-4308	422	12	by	by	ADP
ejge-4308	422	13	analysing	analyse	VERB
ejge-4308	422	14	the	the	DET
ejge-4308	422	15	link	link	NOUN
ejge-4308	422	16	between	between	ADP
ejge-4308	422	17	total	total	ADJ
ejge-4308	422	18	debt	debt	NOUN
ejge-4308	422	19	-	-	PUNCT
ejge-4308	422	20	to	to	ADP
ejge-4308	422	21	-	-	PUNCT
ejge-4308	422	22	gdp	gdp	NOUN
ejge-4308	422	23	levels	level	NOUN
ejge-4308	422	24	and	and	CCONJ
ejge-4308	422	25	economic	economic	ADJ
ejge-4308	422	26	growth	growth	NOUN
ejge-4308	422	27	for	for	ADP
ejge-4308	422	28	a	a	DET
ejge-4308	422	29	panel	panel	NOUN
ejge-4308	422	30	of	of	ADP
ejge-4308	422	31	26	26	NUM
ejge-4308	422	32	oecd	oecd	PROPN
ejge-4308	422	33	countries	country	NOUN
ejge-4308	422	34	between	between	ADP
ejge-4308	422	35	1961	1961	NUM
ejge-4308	422	36	and	and	CCONJ
ejge-4308	422	37	2012	2012	NUM
ejge-4308	422	38	.	.	PUNCT
ejge-4308	423	1	we	we	PRON
ejge-4308	423	2	investigate	investigate	VERB
ejge-4308	423	3	whether	whether	SCONJ
ejge-4308	423	4	we	we	PRON
ejge-4308	423	5	can	can	AUX
ejge-4308	423	6	predict	predict	VERB
ejge-4308	423	7	the	the	DET
ejge-4308	423	8	future	future	ADJ
ejge-4308	423	9	level	level	NOUN
ejge-4308	423	10	of	of	ADP
ejge-4308	423	11	growth	growth	NOUN
ejge-4308	423	12	,	,	PUNCT
ejge-4308	423	13	simply	simply	ADV
ejge-4308	423	14	by	by	ADP
ejge-4308	423	15	looking	look	VERB
ejge-4308	423	16	at	at	ADP
ejge-4308	423	17	the	the	DET
ejge-4308	423	18	total	total	ADJ
ejge-4308	423	19	level	level	NOUN
ejge-4308	423	20	of	of	ADP
ejge-4308	423	21	debt	debt	NOUN
ejge-4308	423	22	,	,	PUNCT
ejge-4308	423	23	or	or	CCONJ
ejge-4308	423	24	increases	increase	NOUN
ejge-4308	423	25	in	in	ADP
ejge-4308	423	26	that	that	DET
ejge-4308	423	27	debt	debt	NOUN
ejge-4308	423	28	level	level	NOUN
ejge-4308	423	29	.	.	PUNCT
ejge-4308	424	1	we	we	PRON
ejge-4308	424	2	found	find	VERB
ejge-4308	424	3	little	little	ADJ
ejge-4308	424	4	evidence	evidence	NOUN
ejge-4308	424	5	to	to	PART
ejge-4308	424	6	support	support	VERB
ejge-4308	424	7	the	the	DET
ejge-4308	424	8	hypothesis	hypothesis	NOUN
ejge-4308	424	9	that	that	SCONJ
ejge-4308	424	10	there	there	PRON
ejge-4308	424	11	is	be	VERB
ejge-4308	424	12	a	a	DET
ejge-4308	424	13	critical	critical	ADJ
ejge-4308	424	14	threshold	threshold	NOUN
ejge-4308	424	15	of	of	ADP
ejge-4308	424	16	the	the	DET
ejge-4308	424	17	total	total	ADJ
ejge-4308	424	18	debt	debt	NOUN
ejge-4308	424	19	-	-	PUNCT
ejge-4308	424	20	to	to	ADP
ejge-4308	424	21	-	-	PUNCT
ejge-4308	424	22	gdp	gdp	NOUN
ejge-4308	424	23	ratio	ratio	NOUN
ejge-4308	424	24	above	above	ADP
ejge-4308	424	25	which	which	PRON
ejge-4308	424	26	economic	economic	ADJ
ejge-4308	424	27	growth	growth	NOUN
ejge-4308	424	28	plummets	plummet	NOUN
ejge-4308	424	29	.	.	PUNCT
ejge-4308	425	1	rather	rather	ADV
ejge-4308	425	2	,	,	PUNCT
ejge-4308	425	3	growth	growth	NOUN
ejge-4308	425	4	performance	performance	NOUN
ejge-4308	425	5	worsens	worsen	VERB
ejge-4308	425	6	gradually	gradually	ADV
ejge-4308	425	7	as	as	SCONJ
ejge-4308	425	8	debt	debt	NOUN
ejge-4308	425	9	levels	level	NOUN
ejge-4308	425	10	rise	rise	VERB
ejge-4308	425	11	.	.	PUNCT
ejge-4308	426	1	in	in	ADP
ejge-4308	426	2	addition	addition	NOUN
ejge-4308	426	3	,	,	PUNCT
ejge-4308	426	4	this	this	DET
ejge-4308	426	5	relationship	relationship	NOUN
ejge-4308	426	6	is	be	AUX
ejge-4308	426	7	more	more	ADV
ejge-4308	426	8	pronounced	pronounced	ADJ
ejge-4308	426	9	for	for	ADP
ejge-4308	426	10	short	short	ADJ
ejge-4308	426	11	-	-	PUNCT
ejge-4308	426	12	term	term	NOUN
ejge-4308	426	13	growth	growth	NOUN
ejge-4308	426	14	than	than	ADP
ejge-4308	426	15	for	for	ADP
ejge-4308	426	16	mediumto	mediumto	NOUN
ejge-4308	426	17	longterm	longterm	ADJ
ejge-4308	426	18	growth	growth	NOUN
ejge-4308	426	19	.	.	PUNCT
ejge-4308	427	1	it	it	PRON
ejge-4308	427	2	follows	follow	VERB
ejge-4308	427	3	that	that	SCONJ
ejge-4308	427	4	the	the	DET
ejge-4308	427	5	causal	causal	ADJ
ejge-4308	427	6	direction	direction	NOUN
ejge-4308	427	7	most	most	ADV
ejge-4308	427	8	likely	likely	ADJ
ejge-4308	427	9	runs	run	VERB
ejge-4308	427	10	from	from	ADP
ejge-4308	427	11	low	low	ADJ
ejge-4308	427	12	growth	growth	NOUN
ejge-4308	427	13	to	to	ADP
ejge-4308	427	14	higher	high	ADJ
ejge-4308	427	15	debt	debt	NOUN
ejge-4308	427	16	levels	level	NOUN
ejge-4308	427	17	,	,	PUNCT
ejge-4308	427	18	not	not	PART
ejge-4308	427	19	the	the	DET
ejge-4308	427	20	other	other	ADJ
ejge-4308	427	21	way	way	NOUN
ejge-4308	427	22	around	around	ADV
ejge-4308	427	23	.	.	PUNCT
ejge-4308	428	1	another	another	DET
ejge-4308	428	2	explanation	explanation	NOUN
ejge-4308	428	3	is	be	AUX
ejge-4308	428	4	that	that	SCONJ
ejge-4308	428	5	,	,	PUNCT
ejge-4308	428	6	on	on	ADP
ejge-4308	428	7	average	average	ADJ
ejge-4308	428	8	,	,	PUNCT
ejge-4308	428	9	the	the	DET
ejge-4308	428	10	return	return	NOUN
ejge-4308	428	11	on	on	ADP
ejge-4308	428	12	the	the	DET
ejge-4308	428	13	investments	investment	NOUN
ejge-4308	428	14	financed	finance	VERB
ejge-4308	428	15	by	by	ADP
ejge-4308	428	16	this	this	DET
ejge-4308	428	17	debt	debt	NOUN
ejge-4308	428	18	compensates	compensate	VERB
ejge-4308	428	19	their	their	PRON
ejge-4308	428	20	cost	cost	NOUN
ejge-4308	428	21	.	.	PUNCT
ejge-4308	429	1	for	for	ADP
ejge-4308	429	2	example	example	NOUN
ejge-4308	429	3	,	,	PUNCT
ejge-4308	429	4	companies	company	NOUN
ejge-4308	429	5	take	take	VERB
ejge-4308	429	6	on	on	ADP
ejge-4308	429	7	more	more	ADJ
ejge-4308	429	8	debt	debt	NOUN
ejge-4308	429	9	to	to	PART
ejge-4308	429	10	improve	improve	VERB
ejge-4308	429	11	their	their	PRON
ejge-4308	429	12	machinery	machinery	NOUN
ejge-4308	429	13	,	,	PUNCT
ejge-4308	429	14	which	which	PRON
ejge-4308	429	15	raises	raise	VERB
ejge-4308	429	16	their	their	PRON
ejge-4308	429	17	debt	debt	NOUN
ejge-4308	429	18	level	level	NOUN
ejge-4308	429	19	in	in	ADP
ejge-4308	429	20	the	the	DET
ejge-4308	429	21	short	short	ADJ
ejge-4308	429	22	run	run	NOUN
ejge-4308	429	23	.	.	PUNCT
ejge-4308	430	1	however	however	ADV
ejge-4308	430	2	,	,	PUNCT
ejge-4308	430	3	in	in	ADP
ejge-4308	430	4	the	the	DET
ejge-4308	430	5	longer	long	ADJ
ejge-4308	430	6	run	run	NOUN
ejge-4308	430	7	,	,	PUNCT
ejge-4308	430	8	this	this	PRON
ejge-4308	430	9	results	result	VERB
ejge-4308	430	10	in	in	ADP
ejge-4308	430	11	higher	high	ADJ
ejge-4308	430	12	productivity	productivity	NOUN
ejge-4308	430	13	and	and	CCONJ
ejge-4308	430	14	consequently	consequently	ADV
ejge-4308	430	15	higher	high	ADJ
ejge-4308	430	16	profits	profit	NOUN
ejge-4308	430	17	,	,	PUNCT
ejge-4308	430	18	with	with	ADP
ejge-4308	430	19	the	the	DET
ejge-4308	430	20	increase	increase	NOUN
ejge-4308	430	21	in	in	ADP
ejge-4308	430	22	profits	profit	NOUN
ejge-4308	430	23	offsetting	offset	VERB
ejge-4308	430	24	the	the	DET
ejge-4308	430	25	interest	interest	NOUN
ejge-4308	430	26	payments	payment	NOUN
ejge-4308	430	27	on	on	ADP
ejge-4308	430	28	the	the	DET
ejge-4308	430	29	debt	debt	NOUN
ejge-4308	430	30	.	.	PUNCT
ejge-4308	431	1	a	a	DET
ejge-4308	431	2	similar	similar	ADJ
ejge-4308	431	3	argument	argument	NOUN
ejge-4308	431	4	can	can	AUX
ejge-4308	431	5	be	be	AUX
ejge-4308	431	6	made	make	VERB
ejge-4308	431	7	for	for	ADP
ejge-4308	431	8	public	public	ADJ
ejge-4308	431	9	investments	investment	NOUN
ejge-4308	431	10	that	that	PRON
ejge-4308	431	11	increase	increase	VERB
ejge-4308	431	12	public	public	ADJ
ejge-4308	431	13	debt	debt	NOUN
ejge-4308	431	14	-	-	PUNCT
ejge-4308	431	15	to	to	ADP
ejge-4308	431	16	-	-	PUNCT
ejge-4308	431	17	gdp	gdp	NOUN
ejge-4308	431	18	in	in	ADP
ejge-4308	431	19	the	the	DET
ejge-4308	431	20	short	short	ADJ
ejge-4308	431	21	run	run	NOUN
ejge-4308	431	22	,	,	PUNCT
ejge-4308	431	23	but	but	CCONJ
ejge-4308	431	24	improves	improve	VERB
ejge-4308	431	25	the	the	DET
ejge-4308	431	26	long	long	ADJ
ejge-4308	431	27	-	-	PUNCT
ejge-4308	431	28	term	term	NOUN
ejge-4308	431	29	economic	economic	ADJ
ejge-4308	431	30	potential	potential	NOUN
ejge-4308	431	31	of	of	ADP
ejge-4308	431	32	a	a	DET
ejge-4308	431	33	country	country	NOUN
ejge-4308	431	34	.	.	PUNCT
ejge-4308	432	1	one	one	PRON
ejge-4308	432	2	can	can	AUX
ejge-4308	432	3	also	also	ADV
ejge-4308	432	4	argue	argue	VERB
ejge-4308	432	5	that	that	SCONJ
ejge-4308	432	6	it	it	PRON
ejge-4308	432	7	is	be	AUX
ejge-4308	432	8	not	not	PART
ejge-4308	432	9	so	so	ADV
ejge-4308	432	10	much	much	ADJ
ejge-4308	432	11	the	the	DET
ejge-4308	432	12	level	level	NOUN
ejge-4308	432	13	of	of	ADP
ejge-4308	432	14	debt	debt	NOUN
ejge-4308	432	15	,	,	PUNCT
ejge-4308	432	16	or	or	CCONJ
ejge-4308	432	17	increases	increase	NOUN
ejge-4308	432	18	in	in	ADP
ejge-4308	432	19	that	that	DET
ejge-4308	432	20	level	level	NOUN
ejge-4308	432	21	,	,	PUNCT
ejge-4308	432	22	which	which	PRON
ejge-4308	432	23	matters	matter	VERB
ejge-4308	432	24	.	.	PUNCT
ejge-4308	433	1	rather	rather	ADV
ejge-4308	433	2	,	,	PUNCT
ejge-4308	433	3	the	the	DET
ejge-4308	433	4	cost	cost	NOUN
ejge-4308	433	5	of	of	ADP
ejge-4308	433	6	servicing	service	VERB
ejge-4308	433	7	debt	debt	NOUN
ejge-4308	433	8	,	,	PUNCT
ejge-4308	433	9	i.e.	i.e.	X
ejge-4308	433	10	bond	bond	NOUN
ejge-4308	433	11	yields	yield	NOUN
ejge-4308	433	12	on	on	ADP
ejge-4308	433	13	both	both	CCONJ
ejge-4308	433	14	corporate	corporate	ADJ
ejge-4308	433	15	and	and	CCONJ
ejge-4308	433	16	government	government	NOUN
ejge-4308	433	17	debt21	debt21	NOUN
ejge-4308	433	18	,	,	PUNCT
ejge-4308	433	19	plays	play	VERB
ejge-4308	433	20	a	a	DET
ejge-4308	433	21	far	far	ADV
ejge-4308	433	22	more	more	ADV
ejge-4308	433	23	important	important	ADJ
ejge-4308	433	24	role	role	NOUN
ejge-4308	433	25	.	.	PUNCT
ejge-4308	434	1	at	at	ADP
ejge-4308	434	2	lower	low	ADJ
ejge-4308	434	3	interest	interest	NOUN
ejge-4308	434	4	21	21	NUM
ejge-4308	434	5	we	we	PRON
ejge-4308	434	6	assume	assume	VERB
ejge-4308	434	7	that	that	SCONJ
ejge-4308	434	8	low	low	ADJ
ejge-4308	434	9	levels	level	NOUN
ejge-4308	434	10	of	of	ADP
ejge-4308	434	11	corporate	corporate	ADJ
ejge-4308	434	12	and	and	CCONJ
ejge-4308	434	13	government	government	NOUN
ejge-4308	434	14	bond	bond	NOUN
ejge-4308	434	15	yields	yield	NOUN
ejge-4308	434	16	are	be	AUX
ejge-4308	434	17	also	also	ADV
ejge-4308	434	18	translated	translate	VERB
ejge-4308	434	19	into	into	ADP
ejge-4308	434	20	lower	low	ADJ
ejge-4308	434	21	levels	level	NOUN
ejge-4308	434	22	of	of	ADP
ejge-4308	434	23	interest	interest	NOUN
ejge-4308	434	24	on	on	ADP
ejge-4308	434	25	consumer	consumer	NOUN
ejge-4308	434	26	loans	loan	NOUN
ejge-4308	434	27	.	.	PUNCT
ejge-4308	435	1	-5	-5	PUNCT
ejge-4308	435	2	0	0	NUM
ejge-4308	436	1	5	5	NUM
ejge-4308	436	2	1	1	NUM
ejge-4308	436	3	0	0	NUM
ejge-4308	436	4	r	r	NOUN
ejge-4308	436	5	e	e	NOUN
ejge-4308	436	6	al	al	PROPN
ejge-4308	436	7	g	g	PROPN
ejge-4308	436	8	d	d	PROPN
ejge-4308	436	9	p	p	X
ejge-4308	436	10	p	p	X
ejge-4308	436	11	e	e	NOUN
ejge-4308	436	12	r	r	NOUN
ejge-4308	436	13	ca	can	AUX
ejge-4308	436	14	pi	pi	VERB
ejge-4308	436	15	ta	ta	PROPN
ejge-4308	436	16	g	g	PROPN
ejge-4308	436	17	ro	ro	PROPN
ejge-4308	436	18	w	w	X
ejge-4308	436	19	th	th	X
ejge-4308	436	20	r	r	NOUN
ejge-4308	436	21	a	a	DET
ejge-4308	436	22	te	te	PROPN
ejge-4308	436	23	(	(	PUNCT
ejge-4308	436	24	%	%	NOUN
ejge-4308	436	25	)	)	PUNCT
ejge-4308	436	26	-10	-10	PUNCT
ejge-4308	437	1	-5	-5	PUNCT
ejge-4308	437	2	0	0	NUM
ejge-4308	437	3	5	5	NUM
ejge-4308	437	4	10	10	NUM
ejge-4308	437	5	15	15	NUM
ejge-4308	437	6	change	change	NOUN
ejge-4308	437	7	in	in	ADP
ejge-4308	437	8	public	public	ADJ
ejge-4308	437	9	debt	debt	NOUN
ejge-4308	437	10	to	to	ADP
ejge-4308	437	11	gdp	gdp	NOUN
ejge-4308	437	12	(	(	PUNCT
ejge-4308	437	13	%	%	INTJ
ejge-4308	437	14	)	)	PUNCT
ejge-4308	437	15	accumulated	accumulate	VERB
ejge-4308	437	16	over	over	ADP
ejge-4308	437	17	1	1	NUM
ejge-4308	437	18	year	year	NOUN
ejge-4308	437	19	-5	-5	NOUN
ejge-4308	437	20	0	0	NUM
ejge-4308	437	21	5	5	NUM
ejge-4308	437	22	1	1	NUM
ejge-4308	437	23	0	0	NUM
ejge-4308	437	24	r	r	NOUN
ejge-4308	437	25	e	e	NOUN
ejge-4308	437	26	al	al	PROPN
ejge-4308	437	27	g	g	PROPN
ejge-4308	438	1	d	d	PROPN
ejge-4308	438	2	p	p	X
ejge-4308	438	3	p	p	X
ejge-4308	438	4	e	e	NOUN
ejge-4308	438	5	r	r	NOUN
ejge-4308	438	6	ca	can	AUX
ejge-4308	438	7	pi	pi	VERB
ejge-4308	438	8	ta	ta	PROPN
ejge-4308	438	9	g	g	PROPN
ejge-4308	438	10	ro	ro	PROPN
ejge-4308	438	11	w	w	X
ejge-4308	438	12	th	th	X
ejge-4308	438	13	r	r	NOUN
ejge-4308	438	14	a	a	DET
ejge-4308	438	15	te	te	PROPN
ejge-4308	438	16	(	(	PUNCT
ejge-4308	438	17	%	%	NOUN
ejge-4308	438	18	)	)	PUNCT
ejge-4308	438	19	-30	-30	PUNCT
ejge-4308	439	1	-15	-15	PUNCT
ejge-4308	439	2	0	0	NUM
ejge-4308	439	3	15	15	NUM
ejge-4308	439	4	30	30	NUM
ejge-4308	439	5	45	45	NUM
ejge-4308	439	6	change	change	NOUN
ejge-4308	439	7	in	in	ADP
ejge-4308	439	8	public	public	ADJ
ejge-4308	439	9	debt	debt	NOUN
ejge-4308	439	10	to	to	ADP
ejge-4308	439	11	gdp	gdp	NOUN
ejge-4308	439	12	(	(	PUNCT
ejge-4308	439	13	%	%	INTJ
ejge-4308	439	14	)	)	PUNCT
ejge-4308	439	15	accumulated	accumulate	VERB
ejge-4308	439	16	over	over	ADP
ejge-4308	439	17	5	5	NUM
ejge-4308	439	18	years	year	NOUN
ejge-4308	439	19	-5	-5	VERB
ejge-4308	439	20	0	0	NUM
ejge-4308	439	21	5	5	NUM
ejge-4308	439	22	1	1	NUM
ejge-4308	439	23	0	0	NUM
ejge-4308	439	24	r	r	NOUN
ejge-4308	439	25	e	e	NOUN
ejge-4308	439	26	al	al	PROPN
ejge-4308	439	27	g	g	PROPN
ejge-4308	440	1	d	d	PROPN
ejge-4308	440	2	p	p	X
ejge-4308	440	3	p	p	X
ejge-4308	440	4	e	e	NOUN
ejge-4308	440	5	r	r	NOUN
ejge-4308	440	6	ca	can	AUX
ejge-4308	440	7	pi	pi	VERB
ejge-4308	440	8	ta	ta	PROPN
ejge-4308	440	9	g	g	PROPN
ejge-4308	440	10	ro	ro	PROPN
ejge-4308	440	11	w	w	X
ejge-4308	440	12	th	th	X
ejge-4308	440	13	r	r	NOUN
ejge-4308	440	14	a	a	DET
ejge-4308	440	15	te	te	PROPN
ejge-4308	440	16	(	(	PUNCT
ejge-4308	440	17	%	%	NOUN
ejge-4308	440	18	)	)	PUNCT
ejge-4308	440	19	-25	-25	PUNCT
ejge-4308	440	20	0	0	NUM
ejge-4308	440	21	25	25	NUM
ejge-4308	440	22	50	50	NUM
ejge-4308	440	23	75	75	NUM
ejge-4308	440	24	change	change	NOUN
ejge-4308	440	25	in	in	ADP
ejge-4308	440	26	public	public	ADJ
ejge-4308	440	27	debt	debt	NOUN
ejge-4308	440	28	to	to	ADP
ejge-4308	440	29	gdp	gdp	NOUN
ejge-4308	440	30	(	(	PUNCT
ejge-4308	440	31	%	%	INTJ
ejge-4308	440	32	)	)	PUNCT
ejge-4308	440	33	accumulated	accumulate	VERB
ejge-4308	440	34	over	over	ADP
ejge-4308	440	35	10	10	NUM
ejge-4308	440	36	years	year	NOUN
ejge-4308	440	37	-5	-5	VERB
ejge-4308	440	38	0	0	NUM
ejge-4308	440	39	5	5	NUM
ejge-4308	440	40	1	1	NUM
ejge-4308	440	41	0	0	NUM
ejge-4308	440	42	r	r	NOUN
ejge-4308	440	43	e	e	NOUN
ejge-4308	440	44	al	al	PROPN
ejge-4308	440	45	g	g	PROPN
ejge-4308	440	46	d	d	PROPN
ejge-4308	440	47	p	p	X
ejge-4308	440	48	p	p	X
ejge-4308	440	49	e	e	NOUN
ejge-4308	440	50	r	r	NOUN
ejge-4308	440	51	ca	can	AUX
ejge-4308	440	52	pi	pi	VERB
ejge-4308	440	53	ta	ta	PROPN
ejge-4308	440	54	g	g	PROPN
ejge-4308	440	55	ro	ro	PROPN
ejge-4308	440	56	w	w	X
ejge-4308	440	57	th	th	X
ejge-4308	440	58	r	r	NOUN
ejge-4308	440	59	a	a	DET
ejge-4308	440	60	te	te	PROPN
ejge-4308	440	61	(	(	PUNCT
ejge-4308	440	62	%	%	NOUN
ejge-4308	440	63	)	)	PUNCT
ejge-4308	440	64	-30	-30	SYM
ejge-4308	440	65	0	0	NUM
ejge-4308	441	1	30	30	NUM
ejge-4308	441	2	60	60	NUM
ejge-4308	441	3	90	90	NUM
ejge-4308	441	4	change	change	NOUN
ejge-4308	441	5	in	in	ADP
ejge-4308	441	6	public	public	ADJ
ejge-4308	441	7	debt	debt	NOUN
ejge-4308	441	8	to	to	ADP
ejge-4308	441	9	gdp	gdp	NOUN
ejge-4308	441	10	(	(	PUNCT
ejge-4308	441	11	%	%	INTJ
ejge-4308	441	12	)	)	PUNCT
ejge-4308	441	13	accumulated	accumulate	VERB
ejge-4308	441	14	over	over	ADP
ejge-4308	441	15	15	15	NUM
ejge-4308	441	16	years	year	NOUN
ejge-4308	441	17	-5	-5	VERB
ejge-4308	441	18	0	0	NUM
ejge-4308	441	19	5	5	NUM
ejge-4308	441	20	1	1	NUM
ejge-4308	441	21	0	0	NUM
ejge-4308	441	22	r	r	NOUN
ejge-4308	441	23	e	e	NOUN
ejge-4308	441	24	al	al	PROPN
ejge-4308	441	25	g	g	PROPN
ejge-4308	442	1	d	d	PROPN
ejge-4308	442	2	p	p	X
ejge-4308	442	3	p	p	X
ejge-4308	442	4	e	e	NOUN
ejge-4308	442	5	r	r	NOUN
ejge-4308	442	6	ca	can	AUX
ejge-4308	442	7	pi	pi	VERB
ejge-4308	442	8	ta	ta	PROPN
ejge-4308	442	9	g	g	PROPN
ejge-4308	442	10	ro	ro	PROPN
ejge-4308	442	11	w	w	X
ejge-4308	442	12	th	th	X
ejge-4308	442	13	r	r	NOUN
ejge-4308	442	14	a	a	DET
ejge-4308	442	15	te	te	PROPN
ejge-4308	442	16	(	(	PUNCT
ejge-4308	442	17	%	%	NOUN
ejge-4308	442	18	)	)	PUNCT
ejge-4308	442	19	-10	-10	PUNCT
ejge-4308	443	1	-5	-5	PUNCT
ejge-4308	443	2	0	0	NUM
ejge-4308	443	3	5	5	NUM
ejge-4308	443	4	10	10	NUM
ejge-4308	443	5	15	15	NUM
ejge-4308	443	6	change	change	NOUN
ejge-4308	443	7	in	in	ADP
ejge-4308	443	8	private	private	ADJ
ejge-4308	443	9	debt	debt	NOUN
ejge-4308	443	10	to	to	ADP
ejge-4308	443	11	gdp	gdp	NOUN
ejge-4308	443	12	(	(	PUNCT
ejge-4308	443	13	%	%	INTJ
ejge-4308	443	14	)	)	PUNCT
ejge-4308	443	15	accumulated	accumulate	VERB
ejge-4308	443	16	over	over	ADP
ejge-4308	443	17	1	1	NUM
ejge-4308	443	18	year	year	NOUN
ejge-4308	443	19	-5	-5	NOUN
ejge-4308	443	20	0	0	NUM
ejge-4308	443	21	5	5	NUM
ejge-4308	443	22	1	1	NUM
ejge-4308	443	23	0	0	NUM
ejge-4308	443	24	r	r	NOUN
ejge-4308	443	25	e	e	NOUN
ejge-4308	443	26	al	al	PROPN
ejge-4308	443	27	g	g	PROPN
ejge-4308	444	1	d	d	PROPN
ejge-4308	444	2	p	p	X
ejge-4308	444	3	p	p	X
ejge-4308	444	4	e	e	NOUN
ejge-4308	444	5	r	r	NOUN
ejge-4308	444	6	ca	can	AUX
ejge-4308	444	7	pi	pi	VERB
ejge-4308	444	8	ta	ta	PROPN
ejge-4308	444	9	g	g	PROPN
ejge-4308	444	10	ro	ro	PROPN
ejge-4308	444	11	w	w	X
ejge-4308	444	12	th	th	X
ejge-4308	444	13	r	r	NOUN
ejge-4308	444	14	a	a	DET
ejge-4308	444	15	te	te	PROPN
ejge-4308	444	16	(	(	PUNCT
ejge-4308	444	17	%	%	NOUN
ejge-4308	444	18	)	)	PUNCT
ejge-4308	444	19	-30	-30	PUNCT
ejge-4308	445	1	-15	-15	PUNCT
ejge-4308	445	2	0	0	NUM
ejge-4308	445	3	15	15	NUM
ejge-4308	445	4	30	30	NUM
ejge-4308	445	5	45	45	NUM
ejge-4308	445	6	change	change	NOUN
ejge-4308	445	7	in	in	ADP
ejge-4308	445	8	private	private	ADJ
ejge-4308	445	9	debt	debt	NOUN
ejge-4308	445	10	to	to	ADP
ejge-4308	445	11	gdp	gdp	NOUN
ejge-4308	445	12	(	(	PUNCT
ejge-4308	445	13	%	%	INTJ
ejge-4308	445	14	)	)	PUNCT
ejge-4308	445	15	accumulated	accumulate	VERB
ejge-4308	445	16	over	over	ADP
ejge-4308	445	17	5	5	NUM
ejge-4308	445	18	years	year	NOUN
ejge-4308	445	19	-5	-5	VERB
ejge-4308	445	20	0	0	NUM
ejge-4308	445	21	5	5	NUM
ejge-4308	445	22	1	1	NUM
ejge-4308	445	23	0	0	NUM
ejge-4308	445	24	r	r	NOUN
ejge-4308	445	25	e	e	NOUN
ejge-4308	445	26	al	al	PROPN
ejge-4308	445	27	g	g	PROPN
ejge-4308	446	1	d	d	PROPN
ejge-4308	446	2	p	p	X
ejge-4308	446	3	p	p	X
ejge-4308	446	4	e	e	NOUN
ejge-4308	446	5	r	r	NOUN
ejge-4308	446	6	ca	can	AUX
ejge-4308	446	7	pi	pi	VERB
ejge-4308	446	8	ta	ta	PROPN
ejge-4308	446	9	g	g	PROPN
ejge-4308	446	10	ro	ro	PROPN
ejge-4308	446	11	w	w	X
ejge-4308	446	12	th	th	X
ejge-4308	446	13	r	r	NOUN
ejge-4308	446	14	a	a	DET
ejge-4308	446	15	te	te	PROPN
ejge-4308	446	16	(	(	PUNCT
ejge-4308	446	17	%	%	NOUN
ejge-4308	446	18	)	)	PUNCT
ejge-4308	446	19	-25	-25	PUNCT
ejge-4308	446	20	0	0	NUM
ejge-4308	446	21	25	25	NUM
ejge-4308	446	22	50	50	NUM
ejge-4308	446	23	75	75	NUM
ejge-4308	446	24	change	change	NOUN
ejge-4308	446	25	in	in	ADP
ejge-4308	446	26	private	private	ADJ
ejge-4308	446	27	debt	debt	NOUN
ejge-4308	446	28	to	to	ADP
ejge-4308	446	29	gdp	gdp	NOUN
ejge-4308	446	30	(	(	PUNCT
ejge-4308	446	31	%	%	INTJ
ejge-4308	446	32	)	)	PUNCT
ejge-4308	446	33	accumulated	accumulate	VERB
ejge-4308	446	34	over	over	ADP
ejge-4308	446	35	10	10	NUM
ejge-4308	446	36	years	year	NOUN
ejge-4308	446	37	-5	-5	VERB
ejge-4308	446	38	0	0	NUM
ejge-4308	446	39	5	5	NUM
ejge-4308	446	40	1	1	NUM
ejge-4308	446	41	0	0	NUM
ejge-4308	446	42	r	r	NOUN
ejge-4308	446	43	e	e	NOUN
ejge-4308	446	44	al	al	PROPN
ejge-4308	446	45	g	g	PROPN
ejge-4308	446	46	d	d	PROPN
ejge-4308	446	47	p	p	X
ejge-4308	446	48	p	p	X
ejge-4308	446	49	e	e	NOUN
ejge-4308	446	50	r	r	NOUN
ejge-4308	446	51	ca	can	AUX
ejge-4308	446	52	pi	pi	VERB
ejge-4308	446	53	ta	ta	PROPN
ejge-4308	446	54	g	g	PROPN
ejge-4308	446	55	ro	ro	PROPN
ejge-4308	446	56	w	w	X
ejge-4308	446	57	th	th	X
ejge-4308	446	58	r	r	NOUN
ejge-4308	446	59	a	a	DET
ejge-4308	446	60	te	te	PROPN
ejge-4308	446	61	(	(	PUNCT
ejge-4308	446	62	%	%	NOUN
ejge-4308	446	63	)	)	PUNCT
ejge-4308	446	64	-30	-30	SYM
ejge-4308	446	65	0	0	NUM
ejge-4308	447	1	30	30	NUM
ejge-4308	447	2	60	60	NUM
ejge-4308	447	3	90	90	NUM
ejge-4308	447	4	change	change	NOUN
ejge-4308	447	5	in	in	ADP
ejge-4308	447	6	private	private	ADJ
ejge-4308	447	7	debt	debt	NOUN
ejge-4308	447	8	to	to	ADP
ejge-4308	447	9	gdp	gdp	NOUN
ejge-4308	447	10	(	(	PUNCT
ejge-4308	447	11	%	%	INTJ
ejge-4308	447	12	)	)	PUNCT
ejge-4308	447	13	accumulated	accumulate	VERB
ejge-4308	447	14	over	over	ADP
ejge-4308	447	15	15	15	NUM
ejge-4308	447	16	years	year	NOUN
ejge-4308	447	17	european	european	PROPN
ejge-4308	447	18	journal	journal	PROPN
ejge-4308	447	19	of	of	ADP
ejge-4308	447	20	government	government	NOUN
ejge-4308	447	21	and	and	CCONJ
ejge-4308	447	22	economics	economic	NOUN
ejge-4308	447	23	4(2	4(2	NUM
ejge-4308	447	24	)	)	PUNCT
ejge-4308	447	25	97	97	NUM
ejge-4308	447	26	rates	rate	NOUN
ejge-4308	447	27	,	,	PUNCT
ejge-4308	447	28	it	it	PRON
ejge-4308	447	29	will	will	AUX
ejge-4308	447	30	be	be	AUX
ejge-4308	447	31	easier	easy	ADJ
ejge-4308	447	32	to	to	PART
ejge-4308	447	33	service	service	VERB
ejge-4308	447	34	debt	debt	NOUN
ejge-4308	447	35	.	.	PUNCT
ejge-4308	448	1	simultaneously	simultaneously	ADV
ejge-4308	448	2	,	,	PUNCT
ejge-4308	448	3	certain	certain	ADJ
ejge-4308	448	4	investment	investment	NOUN
ejge-4308	448	5	projects	project	NOUN
ejge-4308	448	6	become	become	VERB
ejge-4308	448	7	profitable	profitable	ADJ
ejge-4308	448	8	due	due	ADP
ejge-4308	448	9	to	to	ADP
ejge-4308	448	10	the	the	DET
ejge-4308	448	11	lower	low	ADJ
ejge-4308	448	12	cost	cost	NOUN
ejge-4308	448	13	of	of	ADP
ejge-4308	448	14	financing	finance	VERB
ejge-4308	448	15	it	it	PRON
ejge-4308	448	16	,	,	PUNCT
ejge-4308	448	17	which	which	PRON
ejge-4308	448	18	results	result	VERB
ejge-4308	448	19	in	in	ADP
ejge-4308	448	20	higher	high	ADJ
ejge-4308	448	21	growth	growth	NOUN
ejge-4308	448	22	.	.	PUNCT
ejge-4308	449	1	of	of	ADP
ejge-4308	449	2	course	course	NOUN
ejge-4308	449	3	,	,	PUNCT
ejge-4308	449	4	there	there	PRON
ejge-4308	449	5	is	be	VERB
ejge-4308	449	6	a	a	DET
ejge-4308	449	7	feedback	feedback	NOUN
ejge-4308	449	8	loop	loop	NOUN
ejge-4308	449	9	between	between	ADP
ejge-4308	449	10	the	the	DET
ejge-4308	449	11	level	level	NOUN
ejge-4308	449	12	of	of	ADP
ejge-4308	449	13	debt	debt	NOUN
ejge-4308	449	14	and	and	CCONJ
ejge-4308	449	15	the	the	DET
ejge-4308	449	16	level	level	NOUN
ejge-4308	449	17	of	of	ADP
ejge-4308	449	18	interest	interest	NOUN
ejge-4308	449	19	paid	pay	VERB
ejge-4308	449	20	on	on	ADP
ejge-4308	449	21	it	it	PRON
ejge-4308	449	22	,	,	PUNCT
ejge-4308	449	23	but	but	CCONJ
ejge-4308	449	24	,	,	PUNCT
ejge-4308	449	25	ceteris	ceteris	NOUN
ejge-4308	449	26	paribus	paribus	NOUN
ejge-4308	449	27	,	,	PUNCT
ejge-4308	449	28	a	a	DET
ejge-4308	449	29	lower	low	ADJ
ejge-4308	449	30	yields	yield	NOUN
ejge-4308	449	31	on	on	ADP
ejge-4308	449	32	bonds	bond	NOUN
ejge-4308	449	33	improves	improve	VERB
ejge-4308	449	34	investments	investment	NOUN
ejge-4308	449	35	prospects	prospect	NOUN
ejge-4308	449	36	and	and	CCONJ
ejge-4308	449	37	hence	hence	ADV
ejge-4308	449	38	economic	economic	ADJ
ejge-4308	449	39	growth	growth	NOUN
ejge-4308	449	40	.	.	PUNCT
ejge-4308	450	1	we	we	PRON
ejge-4308	450	2	have	have	AUX
ejge-4308	450	3	also	also	ADV
ejge-4308	450	4	looked	look	VERB
ejge-4308	450	5	at	at	ADP
ejge-4308	450	6	the	the	DET
ejge-4308	450	7	impact	impact	NOUN
ejge-4308	450	8	of	of	ADP
ejge-4308	450	9	the	the	DET
ejge-4308	450	10	pace	pace	NOUN
ejge-4308	450	11	of	of	ADP
ejge-4308	450	12	debt	debt	NOUN
ejge-4308	450	13	accumulation	accumulation	NOUN
ejge-4308	450	14	on	on	ADP
ejge-4308	450	15	subsequent	subsequent	ADJ
ejge-4308	450	16	economic	economic	ADJ
ejge-4308	450	17	growth	growth	NOUN
ejge-4308	450	18	.	.	PUNCT
ejge-4308	451	1	we	we	PRON
ejge-4308	451	2	find	find	VERB
ejge-4308	451	3	that	that	SCONJ
ejge-4308	451	4	rapid	rapid	ADJ
ejge-4308	451	5	debt	debt	NOUN
ejge-4308	451	6	accumulation	accumulation	NOUN
ejge-4308	451	7	is	be	AUX
ejge-4308	451	8	negatively	negatively	ADV
ejge-4308	451	9	related	relate	VERB
ejge-4308	451	10	to	to	ADP
ejge-4308	451	11	economic	economic	ADJ
ejge-4308	451	12	growth	growth	NOUN
ejge-4308	451	13	over	over	ADP
ejge-4308	451	14	the	the	DET
ejge-4308	451	15	short	short	ADJ
ejge-4308	451	16	term	term	NOUN
ejge-4308	451	17	,	,	PUNCT
ejge-4308	451	18	but	but	CCONJ
ejge-4308	451	19	that	that	SCONJ
ejge-4308	451	20	this	this	DET
ejge-4308	451	21	effect	effect	NOUN
ejge-4308	451	22	is	be	AUX
ejge-4308	451	23	less	less	ADV
ejge-4308	451	24	pronounced	pronounce	VERB
ejge-4308	451	25	over	over	ADP
ejge-4308	451	26	the	the	DET
ejge-4308	451	27	medium	medium	ADJ
ejge-4308	451	28	term	term	NOUN
ejge-4308	451	29	and	and	CCONJ
ejge-4308	451	30	is	be	AUX
ejge-4308	451	31	non	non	ADJ
ejge-4308	451	32	-	-	ADJ
ejge-4308	451	33	existent	existent	ADJ
ejge-4308	451	34	over	over	ADP
ejge-4308	451	35	the	the	DET
ejge-4308	451	36	long	long	ADJ
ejge-4308	451	37	term	term	NOUN
ejge-4308	451	38	.	.	PUNCT
ejge-4308	452	1	this	this	PRON
ejge-4308	452	2	could	could	AUX
ejge-4308	452	3	be	be	AUX
ejge-4308	452	4	explained	explain	VERB
ejge-4308	452	5	by	by	ADP
ejge-4308	452	6	the	the	DET
ejge-4308	452	7	fact	fact	NOUN
ejge-4308	452	8	that	that	SCONJ
ejge-4308	452	9	countries	country	NOUN
ejge-4308	452	10	experiencing	experience	VERB
ejge-4308	452	11	a	a	DET
ejge-4308	452	12	fast	fast	ADJ
ejge-4308	452	13	rising	rise	VERB
ejge-4308	452	14	debt	debt	NOUN
ejge-4308	452	15	level	level	NOUN
ejge-4308	452	16	are	be	AUX
ejge-4308	452	17	typically	typically	ADV
ejge-4308	452	18	hit	hit	VERB
ejge-4308	452	19	by	by	ADP
ejge-4308	452	20	an	an	DET
ejge-4308	452	21	exogenous	exogenous	ADJ
ejge-4308	452	22	shock	shock	NOUN
ejge-4308	452	23	,	,	PUNCT
ejge-4308	452	24	which	which	PRON
ejge-4308	452	25	causes	cause	VERB
ejge-4308	452	26	the	the	DET
ejge-4308	452	27	public	public	ADJ
ejge-4308	452	28	and	and	CCONJ
ejge-4308	452	29	private	private	ADJ
ejge-4308	452	30	sector	sector	NOUN
ejge-4308	452	31	to	to	PART
ejge-4308	452	32	take	take	VERB
ejge-4308	452	33	on	on	ADP
ejge-4308	452	34	more	more	ADJ
ejge-4308	452	35	debt	debt	NOUN
ejge-4308	452	36	in	in	ADP
ejge-4308	452	37	the	the	DET
ejge-4308	452	38	short	short	ADJ
ejge-4308	452	39	term	term	NOUN
ejge-4308	452	40	,	,	PUNCT
ejge-4308	452	41	without	without	ADP
ejge-4308	452	42	significantly	significantly	ADV
ejge-4308	452	43	altering	alter	VERB
ejge-4308	452	44	the	the	DET
ejge-4308	452	45	long	long	ADJ
ejge-4308	452	46	-	-	PUNCT
ejge-4308	452	47	term	term	NOUN
ejge-4308	452	48	fundamentals	fundamental	NOUN
ejge-4308	452	49	of	of	ADP
ejge-4308	452	50	the	the	DET
ejge-4308	452	51	country	country	NOUN
ejge-4308	452	52	.	.	PUNCT
ejge-4308	453	1	in	in	ADP
ejge-4308	453	2	our	our	PRON
ejge-4308	453	3	analysis	analysis	NOUN
ejge-4308	453	4	,	,	PUNCT
ejge-4308	453	5	we	we	PRON
ejge-4308	453	6	have	have	AUX
ejge-4308	453	7	applied	apply	VERB
ejge-4308	453	8	a	a	DET
ejge-4308	453	9	non	non	ADJ
ejge-4308	453	10	-	-	ADJ
ejge-4308	453	11	parametric	parametric	ADJ
ejge-4308	453	12	method	method	NOUN
ejge-4308	453	13	to	to	PART
ejge-4308	453	14	demonstrate	demonstrate	VERB
ejge-4308	453	15	the	the	DET
ejge-4308	453	16	correlation	correlation	NOUN
ejge-4308	453	17	between	between	ADP
ejge-4308	453	18	debt	debt	NOUN
ejge-4308	453	19	and	and	CCONJ
ejge-4308	453	20	growth	growth	NOUN
ejge-4308	453	21	.	.	PUNCT
ejge-4308	454	1	the	the	DET
ejge-4308	454	2	appeal	appeal	NOUN
ejge-4308	454	3	of	of	ADP
ejge-4308	454	4	this	this	DET
ejge-4308	454	5	method	method	NOUN
ejge-4308	454	6	is	be	AUX
ejge-4308	454	7	that	that	SCONJ
ejge-4308	454	8	the	the	DET
ejge-4308	454	9	results	result	NOUN
ejge-4308	454	10	can	can	AUX
ejge-4308	454	11	be	be	AUX
ejge-4308	454	12	interpreted	interpret	VERB
ejge-4308	454	13	rather	rather	ADV
ejge-4308	454	14	intuitively	intuitively	ADV
ejge-4308	454	15	.	.	PUNCT
ejge-4308	455	1	however	however	ADV
ejge-4308	455	2	,	,	PUNCT
ejge-4308	455	3	further	further	ADJ
ejge-4308	455	4	research	research	NOUN
ejge-4308	455	5	is	be	AUX
ejge-4308	455	6	warranted	warrant	VERB
ejge-4308	455	7	to	to	PART
ejge-4308	455	8	identify	identify	VERB
ejge-4308	455	9	the	the	DET
ejge-4308	455	10	complex	complex	ADJ
ejge-4308	455	11	structural	structural	ADJ
ejge-4308	455	12	relationship	relationship	NOUN
ejge-4308	455	13	between	between	ADP
ejge-4308	455	14	total	total	ADJ
ejge-4308	455	15	debt	debt	NOUN
ejge-4308	455	16	levels	level	NOUN
ejge-4308	455	17	and	and	CCONJ
ejge-4308	455	18	gdp	gdp	NOUN
ejge-4308	455	19	growth	growth	NOUN
ejge-4308	455	20	.	.	PUNCT
ejge-4308	456	1	another	another	DET
ejge-4308	456	2	area	area	NOUN
ejge-4308	456	3	for	for	ADP
ejge-4308	456	4	future	future	ADJ
ejge-4308	456	5	research	research	NOUN
ejge-4308	456	6	is	be	AUX
ejge-4308	456	7	to	to	PART
ejge-4308	456	8	decompose	decompose	VERB
ejge-4308	456	9	the	the	DET
ejge-4308	456	10	aggregate	aggregate	ADJ
ejge-4308	456	11	level	level	NOUN
ejge-4308	456	12	of	of	ADP
ejge-4308	456	13	debt	debt	NOUN
ejge-4308	456	14	in	in	ADP
ejge-4308	456	15	an	an	DET
ejge-4308	456	16	economy	economy	NOUN
ejge-4308	456	17	in	in	ADP
ejge-4308	456	18	its	its	PRON
ejge-4308	456	19	composing	compose	VERB
ejge-4308	456	20	parts	part	NOUN
ejge-4308	456	21	and	and	CCONJ
ejge-4308	456	22	debt	debt	NOUN
ejge-4308	456	23	holders	holder	NOUN
ejge-4308	456	24	to	to	PART
ejge-4308	456	25	find	find	VERB
ejge-4308	456	26	out	out	ADP
ejge-4308	456	27	what	what	DET
ejge-4308	456	28	type	type	NOUN
ejge-4308	456	29	of	of	ADP
ejge-4308	456	30	debt	debt	NOUN
ejge-4308	456	31	has	have	VERB
ejge-4308	456	32	significant	significant	ADJ
ejge-4308	456	33	impact	impact	NOUN
ejge-4308	456	34	on	on	ADP
ejge-4308	456	35	economic	economic	ADJ
ejge-4308	456	36	growth	growth	NOUN
ejge-4308	456	37	.	.	PUNCT
ejge-4308	457	1	for	for	ADP
ejge-4308	457	2	example	example	NOUN
ejge-4308	457	3	,	,	PUNCT
ejge-4308	457	4	public	public	ADJ
ejge-4308	457	5	debt	debt	NOUN
ejge-4308	457	6	can	can	AUX
ejge-4308	457	7	be	be	AUX
ejge-4308	457	8	disaggregated	disaggregate	VERB
ejge-4308	457	9	into	into	ADP
ejge-4308	457	10	internal	internal	ADJ
ejge-4308	457	11	and	and	CCONJ
ejge-4308	457	12	external	external	ADJ
ejge-4308	457	13	debt	debt	NOUN
ejge-4308	457	14	,	,	PUNCT
ejge-4308	457	15	private	private	ADJ
ejge-4308	457	16	debt	debt	NOUN
ejge-4308	457	17	into	into	ADP
ejge-4308	457	18	mortgage	mortgage	NOUN
ejge-4308	457	19	debt	debt	NOUN
ejge-4308	457	20	,	,	PUNCT
ejge-4308	457	21	credit	credit	NOUN
ejge-4308	457	22	card	card	NOUN
ejge-4308	457	23	debt	debt	NOUN
ejge-4308	457	24	and	and	CCONJ
ejge-4308	457	25	others	other	NOUN
ejge-4308	457	26	.	.	PUNCT
ejge-4308	458	1	this	this	DET
ejge-4308	458	2	way	way	NOUN
ejge-4308	458	3	,	,	PUNCT
ejge-4308	458	4	the	the	DET
ejge-4308	458	5	impact	impact	NOUN
ejge-4308	458	6	of	of	ADP
ejge-4308	458	7	borrowing	borrowing	NOUN
ejge-4308	458	8	in	in	ADP
ejge-4308	458	9	a	a	DET
ejge-4308	458	10	foreign	foreign	ADJ
ejge-4308	458	11	currency	currency	NOUN
ejge-4308	458	12	,	,	PUNCT
ejge-4308	458	13	both	both	PRON
ejge-4308	458	14	for	for	ADP
ejge-4308	458	15	the	the	DET
ejge-4308	458	16	public	public	ADJ
ejge-4308	458	17	and	and	CCONJ
ejge-4308	458	18	private	private	ADJ
ejge-4308	458	19	sector	sector	NOUN
ejge-4308	458	20	,	,	PUNCT
ejge-4308	458	21	can	can	AUX
ejge-4308	458	22	be	be	AUX
ejge-4308	458	23	studied	study	VERB
ejge-4308	458	24	.	.	PUNCT
ejge-4308	459	1	7	7	X
ejge-4308	459	2	.	.	X
ejge-4308	459	3	conclusions	conclusion	NOUN
ejge-4308	459	4	in	in	ADP
ejge-4308	459	5	summary	summary	NOUN
ejge-4308	459	6	,	,	PUNCT
ejge-4308	459	7	this	this	DET
ejge-4308	459	8	paper	paper	NOUN
ejge-4308	459	9	has	have	VERB
ejge-4308	459	10	two	two	NUM
ejge-4308	459	11	main	main	ADJ
ejge-4308	459	12	contributions	contribution	NOUN
ejge-4308	459	13	.	.	PUNCT
ejge-4308	460	1	the	the	DET
ejge-4308	460	2	first	first	ADJ
ejge-4308	460	3	is	be	AUX
ejge-4308	460	4	that	that	SCONJ
ejge-4308	460	5	the	the	DET
ejge-4308	460	6	current	current	ADJ
ejge-4308	460	7	emphasis	emphasis	NOUN
ejge-4308	460	8	on	on	ADP
ejge-4308	460	9	public	public	ADJ
ejge-4308	460	10	debt	debt	NOUN
ejge-4308	460	11	is	be	AUX
ejge-4308	460	12	too	too	ADV
ejge-4308	460	13	narrow	narrow	ADJ
ejge-4308	460	14	and	and	CCONJ
ejge-4308	460	15	that	that	SCONJ
ejge-4308	460	16	private	private	ADJ
ejge-4308	460	17	debt	debt	NOUN
ejge-4308	460	18	should	should	AUX
ejge-4308	460	19	be	be	AUX
ejge-4308	460	20	included	include	VERB
ejge-4308	460	21	in	in	ADP
ejge-4308	460	22	analysing	analyse	VERB
ejge-4308	460	23	the	the	DET
ejge-4308	460	24	level	level	NOUN
ejge-4308	460	25	of	of	ADP
ejge-4308	460	26	indebtedness	indebtedness	NOUN
ejge-4308	460	27	of	of	ADP
ejge-4308	460	28	an	an	DET
ejge-4308	460	29	economy	economy	NOUN
ejge-4308	460	30	.	.	PUNCT
ejge-4308	461	1	as	as	SCONJ
ejge-4308	461	2	public	public	ADJ
ejge-4308	461	3	and	and	CCONJ
ejge-4308	461	4	private	private	ADJ
ejge-4308	461	5	debt	debt	NOUN
ejge-4308	461	6	in	in	ADP
ejge-4308	461	7	many	many	ADJ
ejge-4308	461	8	cases	case	NOUN
ejge-4308	461	9	are	be	AUX
ejge-4308	461	10	interchangeable	interchangeable	ADJ
ejge-4308	461	11	,	,	PUNCT
ejge-4308	461	12	it	it	PRON
ejge-4308	461	13	is	be	AUX
ejge-4308	461	14	the	the	DET
ejge-4308	461	15	effect	effect	NOUN
ejge-4308	461	16	of	of	ADP
ejge-4308	461	17	aggregated	aggregated	ADJ
ejge-4308	461	18	debt	debt	NOUN
ejge-4308	461	19	on	on	ADP
ejge-4308	461	20	growth	growth	NOUN
ejge-4308	461	21	that	that	PRON
ejge-4308	461	22	should	should	AUX
ejge-4308	461	23	be	be	AUX
ejge-4308	461	24	explored	explore	VERB
ejge-4308	461	25	.	.	PUNCT
ejge-4308	462	1	second	second	ADJ
ejge-4308	462	2	,	,	PUNCT
ejge-4308	462	3	it	it	PRON
ejge-4308	462	4	shows	show	VERB
ejge-4308	462	5	that	that	SCONJ
ejge-4308	462	6	there	there	PRON
ejge-4308	462	7	is	be	VERB
ejge-4308	462	8	no	no	DET
ejge-4308	462	9	critical	critical	ADJ
ejge-4308	462	10	total	total	ADJ
ejge-4308	462	11	debt	debt	NOUN
ejge-4308	462	12	-	-	PUNCT
ejge-4308	462	13	to	to	ADP
ejge-4308	462	14	-	-	PUNCT
ejge-4308	462	15	gdp	gdp	NOUN
ejge-4308	462	16	ratio	ratio	NOUN
ejge-4308	462	17	after	after	ADP
ejge-4308	462	18	which	which	PRON
ejge-4308	462	19	medium	medium	ADJ
ejge-4308	462	20	-	-	PUNCT
ejge-4308	462	21	term	term	NOUN
ejge-4308	462	22	economic	economic	ADJ
ejge-4308	462	23	performance	performance	NOUN
ejge-4308	462	24	significantly	significantly	ADV
ejge-4308	462	25	worsens	worsen	VERB
ejge-4308	462	26	.	.	PUNCT
ejge-4308	463	1	hence	hence	ADV
ejge-4308	463	2	,	,	PUNCT
ejge-4308	463	3	the	the	DET
ejge-4308	463	4	excessive	excessive	ADJ
ejge-4308	463	5	focus	focus	NOUN
ejge-4308	463	6	on	on	ADP
ejge-4308	463	7	a	a	DET
ejge-4308	463	8	target	target	NOUN
ejge-4308	463	9	value	value	NOUN
ejge-4308	463	10	such	such	ADJ
ejge-4308	463	11	of	of	ADP
ejge-4308	463	12	the	the	DET
ejge-4308	463	13	debt	debt	NOUN
ejge-4308	463	14	-	-	PUNCT
ejge-4308	463	15	to	to	ADP
ejge-4308	463	16	-	-	PUNCT
ejge-4308	463	17	gdp	gdp	NOUN
ejge-4308	463	18	ratio	ratio	NOUN
ejge-4308	463	19	is	be	AUX
ejge-4308	463	20	misguided	misguided	ADJ
ejge-4308	463	21	.	.	PUNCT
ejge-4308	464	1	there	there	PRON
ejge-4308	464	2	are	be	VERB
ejge-4308	464	3	other	other	ADJ
ejge-4308	464	4	,	,	PUNCT
ejge-4308	464	5	more	more	ADV
ejge-4308	464	6	important	important	ADJ
ejge-4308	464	7	factors	factor	NOUN
ejge-4308	464	8	which	which	PRON
ejge-4308	464	9	determine	determine	VERB
ejge-4308	464	10	the	the	DET
ejge-4308	464	11	impact	impact	NOUN
ejge-4308	464	12	of	of	ADP
ejge-4308	464	13	debt	debt	NOUN
ejge-4308	464	14	and	and	CCONJ
ejge-4308	464	15	growth	growth	NOUN
ejge-4308	464	16	,	,	PUNCT
ejge-4308	464	17	such	such	ADJ
ejge-4308	464	18	as	as	ADP
ejge-4308	464	19	bond	bond	NOUN
ejge-4308	464	20	yields	yield	NOUN
ejge-4308	464	21	.	.	PUNCT
ejge-4308	465	1	an	an	DET
ejge-4308	465	2	abstract	abstract	ADJ
ejge-4308	465	3	level	level	NOUN
ejge-4308	465	4	of	of	ADP
ejge-4308	465	5	debt	debt	NOUN
ejge-4308	465	6	does	do	AUX
ejge-4308	465	7	not	not	PART
ejge-4308	465	8	have	have	VERB
ejge-4308	465	9	predictive	predictive	ADJ
ejge-4308	465	10	power	power	NOUN
ejge-4308	465	11	for	for	ADP
ejge-4308	465	12	the	the	DET
ejge-4308	465	13	outlook	outlook	NOUN
ejge-4308	465	14	of	of	ADP
ejge-4308	465	15	growth	growth	NOUN
ejge-4308	465	16	.	.	PUNCT
ejge-4308	466	1	although	although	SCONJ
ejge-4308	466	2	we	we	PRON
ejge-4308	466	3	find	find	VERB
ejge-4308	466	4	some	some	DET
ejge-4308	466	5	evidence	evidence	NOUN
ejge-4308	466	6	that	that	SCONJ
ejge-4308	466	7	,	,	PUNCT
ejge-4308	466	8	in	in	ADP
ejge-4308	466	9	the	the	DET
ejge-4308	466	10	short	short	ADJ
ejge-4308	466	11	term	term	NOUN
ejge-4308	466	12	,	,	PUNCT
ejge-4308	466	13	higher	high	ADJ
ejge-4308	466	14	debt	debt	NOUN
ejge-4308	466	15	levels	level	NOUN
ejge-4308	466	16	are	be	AUX
ejge-4308	466	17	associated	associate	VERB
ejge-4308	466	18	with	with	ADP
ejge-4308	466	19	lower	low	ADJ
ejge-4308	466	20	growth	growth	NOUN
ejge-4308	466	21	,	,	PUNCT
ejge-4308	466	22	the	the	DET
ejge-4308	466	23	relationship	relationship	NOUN
ejge-4308	466	24	weakens	weaken	VERB
ejge-4308	466	25	significantly	significantly	ADV
ejge-4308	466	26	when	when	SCONJ
ejge-4308	466	27	we	we	PRON
ejge-4308	466	28	expand	expand	VERB
ejge-4308	466	29	the	the	DET
ejge-4308	466	30	time	time	NOUN
ejge-4308	466	31	horizon	horizon	NOUN
ejge-4308	466	32	.	.	PUNCT
ejge-4308	467	1	this	this	PRON
ejge-4308	467	2	supports	support	VERB
ejge-4308	467	3	the	the	DET
ejge-4308	467	4	hypothesis	hypothesis	NOUN
ejge-4308	467	5	that	that	SCONJ
ejge-4308	467	6	it	it	PRON
ejge-4308	467	7	is	be	AUX
ejge-4308	467	8	lower	low	ADJ
ejge-4308	467	9	growth	growth	NOUN
ejge-4308	467	10	which	which	PRON
ejge-4308	467	11	leads	lead	VERB
ejge-4308	467	12	to	to	ADP
ejge-4308	467	13	more	more	ADJ
ejge-4308	467	14	debt	debt	NOUN
ejge-4308	467	15	and	and	CCONJ
ejge-4308	467	16	not	not	PART
ejge-4308	467	17	vice	vice	ADV
ejge-4308	467	18	versa	versa	ADV
ejge-4308	467	19	.	.	PUNCT
ejge-4308	468	1	similarly	similarly	ADV
ejge-4308	468	2	,	,	PUNCT
ejge-4308	468	3	we	we	PRON
ejge-4308	468	4	find	find	VERB
ejge-4308	468	5	that	that	SCONJ
ejge-4308	468	6	the	the	DET
ejge-4308	468	7	pace	pace	NOUN
ejge-4308	468	8	of	of	ADP
ejge-4308	468	9	debt	debt	NOUN
ejge-4308	468	10	accumulation	accumulation	NOUN
ejge-4308	468	11	negatively	negatively	ADV
ejge-4308	468	12	correlates	correlate	VERB
ejge-4308	468	13	to	to	ADP
ejge-4308	468	14	short	short	ADJ
ejge-4308	468	15	-	-	PUNCT
ejge-4308	468	16	term	term	NOUN
ejge-4308	468	17	economic	economic	ADJ
ejge-4308	468	18	growth	growth	NOUN
ejge-4308	468	19	and	and	CCONJ
ejge-4308	468	20	that	that	SCONJ
ejge-4308	468	21	this	this	DET
ejge-4308	468	22	relationship	relationship	NOUN
ejge-4308	468	23	weakens	weaken	VERB
ejge-4308	468	24	for	for	ADP
ejge-4308	468	25	medium	medium	ADJ
ejge-4308	468	26	-	-	PUNCT
ejge-4308	468	27	term	term	NOUN
ejge-4308	468	28	growth	growth	NOUN
ejge-4308	468	29	.	.	PUNCT
ejge-4308	469	1	for	for	ADP
ejge-4308	469	2	long	long	ADJ
ejge-4308	469	3	-	-	PUNCT
ejge-4308	469	4	term	term	NOUN
ejge-4308	469	5	growth	growth	NOUN
ejge-4308	469	6	,	,	PUNCT
ejge-4308	469	7	the	the	DET
ejge-4308	469	8	speed	speed	NOUN
ejge-4308	469	9	at	at	ADP
ejge-4308	469	10	which	which	PRON
ejge-4308	469	11	debt	debt	NOUN
ejge-4308	469	12	is	be	AUX
ejge-4308	469	13	building	build	VERB
ejge-4308	469	14	up	up	ADP
ejge-4308	469	15	does	do	AUX
ejge-4308	469	16	not	not	PART
ejge-4308	469	17	substantially	substantially	ADV
ejge-4308	469	18	alter	alter	VERB
ejge-4308	469	19	longer	long	ADJ
ejge-4308	469	20	-	-	PUNCT
ejge-4308	469	21	term	term	NOUN
ejge-4308	469	22	growth	growth	NOUN
ejge-4308	469	23	prospects	prospect	NOUN
ejge-4308	469	24	.	.	PUNCT
ejge-4308	470	1	of	of	ADP
ejge-4308	470	2	course	course	NOUN
ejge-4308	470	3	,	,	PUNCT
ejge-4308	470	4	our	our	PRON
ejge-4308	470	5	results	result	NOUN
ejge-4308	470	6	do	do	AUX
ejge-4308	470	7	not	not	PART
ejge-4308	470	8	imply	imply	VERB
ejge-4308	470	9	that	that	SCONJ
ejge-4308	470	10	a	a	DET
ejge-4308	470	11	country	country	NOUN
ejge-4308	470	12	or	or	CCONJ
ejge-4308	470	13	the	the	DET
ejge-4308	470	14	private	private	ADJ
ejge-4308	470	15	sector	sector	NOUN
ejge-4308	470	16	can	can	AUX
ejge-4308	470	17	pile	pile	VERB
ejge-4308	470	18	on	on	ADP
ejge-4308	470	19	large	large	ADJ
ejge-4308	470	20	amounts	amount	NOUN
ejge-4308	470	21	of	of	ADP
ejge-4308	470	22	debt	debt	NOUN
ejge-4308	470	23	without	without	ADP
ejge-4308	470	24	careful	careful	ADJ
ejge-4308	470	25	analysis	analysis	NOUN
ejge-4308	470	26	of	of	ADP
ejge-4308	470	27	the	the	DET
ejge-4308	470	28	projects	project	NOUN
ejge-4308	470	29	financed	finance	VERB
ejge-4308	470	30	by	by	ADP
ejge-4308	470	31	this	this	DET
ejge-4308	470	32	debt	debt	NOUN
ejge-4308	470	33	accumulation	accumulation	NOUN
ejge-4308	470	34	.	.	PUNCT
ejge-4308	471	1	our	our	PRON
ejge-4308	471	2	research	research	NOUN
ejge-4308	471	3	simply	simply	ADV
ejge-4308	471	4	suggests	suggest	VERB
ejge-4308	471	5	that	that	SCONJ
ejge-4308	471	6	historically	historically	ADV
ejge-4308	471	7	,	,	PUNCT
ejge-4308	471	8	on	on	ADP
ejge-4308	471	9	average	average	ADJ
ejge-4308	471	10	,	,	PUNCT
ejge-4308	471	11	government	government	NOUN
ejge-4308	471	12	debt	debt	NOUN
ejge-4308	471	13	and	and	CCONJ
ejge-4308	471	14	private	private	ADJ
ejge-4308	471	15	credit	credit	NOUN
ejge-4308	471	16	are	be	AUX
ejge-4308	471	17	mainly	mainly	ADV
ejge-4308	471	18	used	use	VERB
ejge-4308	471	19	in	in	ADP
ejge-4308	471	20	such	such	DET
ejge-4308	471	21	a	a	DET
ejge-4308	471	22	way	way	NOUN
ejge-4308	471	23	that	that	PRON
ejge-4308	471	24	is	be	AUX
ejge-4308	471	25	conducive	conducive	ADJ
ejge-4308	471	26	to	to	ADP
ejge-4308	471	27	economic	economic	ADJ
ejge-4308	471	28	growth	growth	NOUN
ejge-4308	471	29	.	.	PUNCT
ejge-4308	472	1	vanlaer	vanlaer	NOUN
ejge-4308	472	2	,	,	PUNCT
ejge-4308	472	3	marneffe	marneffe	PROPN
ejge-4308	472	4	,	,	PUNCT
ejge-4308	472	5	vereeck	vereeck	PROPN
ejge-4308	472	6	,	,	PUNCT
ejge-4308	472	7	van	van	PROPN
ejge-4308	472	8	overtveldt	overtveldt	PROPN
ejge-4308	472	9	●	●	X
ejge-4308	472	10	does	do	AUX
ejge-4308	472	11	debt	debt	NOUN
ejge-4308	472	12	predict	predict	VERB
ejge-4308	472	13	growth	growth	NOUN
ejge-4308	472	14	?	?	PUNCT
ejge-4308	473	1	98	98	NUM
ejge-4308	473	2	references	reference	NOUN
ejge-4308	473	3	backhaus	backhaus	NOUN
ejge-4308	473	4	,	,	PUNCT
ejge-4308	473	5	jürgen	jürgen	PROPN
ejge-4308	473	6	and	and	CCONJ
ejge-4308	473	7	richard	richard	PROPN
ejge-4308	473	8	e.	e.	PROPN
ejge-4308	473	9	wagner	wagner	PROPN
ejge-4308	473	10	(	(	PUNCT
ejge-4308	473	11	2006	2006	NUM
ejge-4308	473	12	)	)	PUNCT
ejge-4308	473	13	handbook	handbook	NOUN
ejge-4308	473	14	of	of	ADP
ejge-4308	473	15	public	public	ADJ
ejge-4308	473	16	finance	finance	NOUN
ejge-4308	473	17	.	.	PUNCT
ejge-4308	474	1	new	new	PROPN
ejge-4308	474	2	york	york	PROPN
ejge-4308	474	3	:	:	PUNCT
ejge-4308	474	4	springer	springer	NOUN
ejge-4308	474	5	science	science	PROPN
ejge-4308	474	6	&	&	CCONJ
ejge-4308	474	7	business	business	NOUN
ejge-4308	474	8	media	medium	NOUN
ejge-4308	474	9	.	.	PUNCT
ejge-4308	475	1	barro	barro	PROPN
ejge-4308	475	2	,	,	PUNCT
ejge-4308	475	3	robert	robert	PROPN
ejge-4308	475	4	j.	j.	PROPN
ejge-4308	475	5	(	(	PUNCT
ejge-4308	475	6	1996	1996	NUM
ejge-4308	475	7	)	)	PUNCT
ejge-4308	475	8	'	'	PUNCT
ejge-4308	475	9	reflections	reflection	NOUN
ejge-4308	475	10	on	on	ADP
ejge-4308	475	11	ricardian	ricardian	ADJ
ejge-4308	475	12	equivalence	equivalence	NOUN
ejge-4308	475	13	'	'	PUNCT
ejge-4308	475	14	,	,	PUNCT
ejge-4308	475	15	national	national	ADJ
ejge-4308	475	16	bureau	bureau	PROPN
ejge-4308	475	17	of	of	ADP
ejge-4308	475	18	economic	economic	ADJ
ejge-4308	475	19	research	research	NOUN
ejge-4308	475	20	working	working	NOUN
ejge-4308	475	21	papers	paper	NOUN
ejge-4308	475	22	no	no	INTJ
ejge-4308	475	23	.	.	PUNCT
ejge-4308	476	1	w5502	w5502	PROPN
ejge-4308	476	2	.	.	PUNCT
ejge-4308	477	1	baum	baum	PROPN
ejge-4308	477	2	,	,	PUNCT
ejge-4308	477	3	anja	anja	PROPN
ejge-4308	477	4	,	,	PUNCT
ejge-4308	477	5	christina	christina	PROPN
ejge-4308	477	6	checherita	checherita	PROPN
ejge-4308	477	7	-	-	PUNCT
ejge-4308	477	8	westphal	westphal	PROPN
ejge-4308	477	9	and	and	CCONJ
ejge-4308	477	10	philipp	philipp	PROPN
ejge-4308	477	11	rother	rother	PROPN
ejge-4308	477	12	(	(	PUNCT
ejge-4308	477	13	2013	2013	NUM
ejge-4308	477	14	)	)	PUNCT
ejge-4308	477	15	'	'	PART
ejge-4308	477	16	debt	debt	NOUN
ejge-4308	477	17	and	and	CCONJ
ejge-4308	477	18	growth	growth	NOUN
ejge-4308	477	19	:	:	PUNCT
ejge-4308	477	20	new	new	ADJ
ejge-4308	477	21	evidence	evidence	NOUN
ejge-4308	477	22	for	for	ADP
ejge-4308	477	23	the	the	DET
ejge-4308	477	24	euro	euro	PROPN
ejge-4308	477	25	area	area	NOUN
ejge-4308	477	26	'	'	PART
ejge-4308	477	27	,	,	PUNCT
ejge-4308	477	28	journal	journal	NOUN
ejge-4308	477	29	of	of	ADP
ejge-4308	477	30	international	international	ADJ
ejge-4308	477	31	money	money	NOUN
ejge-4308	477	32	and	and	CCONJ
ejge-4308	477	33	finance	finance	NOUN
ejge-4308	477	34	32	32	NUM
ejge-4308	477	35	:	:	PUNCT
ejge-4308	477	36	809	809	NUM
ejge-4308	477	37	-	-	SYM
ejge-4308	477	38	821	821	NUM
ejge-4308	477	39	.	.	PUNCT
ejge-4308	477	40	bhandari	bhandari	PROPN
ejge-4308	477	41	,	,	PUNCT
ejge-4308	477	42	jagdeep	jagdeep	PROPN
ejge-4308	477	43	s.	s.	PROPN
ejge-4308	477	44	,	,	PUNCT
ejge-4308	477	45	nadeem	nadeem	PROPN
ejge-4308	477	46	ul	ul	PROPN
ejge-4308	477	47	haque	haque	PROPN
ejge-4308	477	48	and	and	CCONJ
ejge-4308	477	49	stephen	stephen	PROPN
ejge-4308	477	50	j.	j.	PROPN
ejge-4308	477	51	turnovsky	turnovsky	PROPN
ejge-4308	477	52	(	(	PUNCT
ejge-4308	477	53	1990	1990	NUM
ejge-4308	477	54	)	)	PUNCT
ejge-4308	477	55	'	'	PUNCT
ejge-4308	477	56	growth	growth	NOUN
ejge-4308	477	57	,	,	PUNCT
ejge-4308	477	58	external	external	ADJ
ejge-4308	477	59	debt	debt	NOUN
ejge-4308	477	60	,	,	PUNCT
ejge-4308	477	61	and	and	CCONJ
ejge-4308	477	62	sovereign	sovereign	ADJ
ejge-4308	477	63	risk	risk	NOUN
ejge-4308	477	64	in	in	ADP
ejge-4308	477	65	a	a	DET
ejge-4308	477	66	small	small	ADJ
ejge-4308	477	67	open	open	ADJ
ejge-4308	477	68	economy	economy	NOUN
ejge-4308	477	69	'	'	PUNCT
ejge-4308	477	70	,	,	PUNCT
ejge-4308	477	71	staff	staff	NOUN
ejge-4308	477	72	papersinternational	papersinternational	ADJ
ejge-4308	477	73	monetary	monetary	ADJ
ejge-4308	477	74	fund	fund	NOUN
ejge-4308	477	75	staff	staff	NOUN
ejge-4308	477	76	papers	paper	NOUN
ejge-4308	477	77	:	:	PUNCT
ejge-4308	477	78	388	388	NUM
ejge-4308	477	79	-	-	SYM
ejge-4308	477	80	417	417	NUM
ejge-4308	477	81	.	.	PUNCT
ejge-4308	478	1	bhatt	bhatt	PROPN
ejge-4308	478	2	,	,	PUNCT
ejge-4308	478	3	makesh	makesh	PROPN
ejge-4308	478	4	(	(	PUNCT
ejge-4308	478	5	1959	1959	NUM
ejge-4308	478	6	)	)	PUNCT
ejge-4308	478	7	'	'	PUNCT
ejge-4308	478	8	orthodoxy	orthodoxy	ADJ
ejge-4308	478	9	:	:	PUNCT
ejge-4308	478	10	old	old	ADJ
ejge-4308	478	11	vs	vs	ADP
ejge-4308	478	12	new	new	ADJ
ejge-4308	478	13	'	'	PUNCT
ejge-4308	478	14	,	,	PUNCT
ejge-4308	478	15	the	the	DET
ejge-4308	478	16	economic	economic	ADJ
ejge-4308	478	17	weekly	weekly	ADJ
ejge-4308	478	18	11(22	11(22	NOUN
ejge-4308	478	19	):	):	PUNCT
ejge-4308	478	20	717718	717718	NUM
ejge-4308	478	21	.	.	PUNCT
ejge-4308	479	1	buchanan	buchanan	PROPN
ejge-4308	479	2	,	,	PUNCT
ejge-4308	479	3	james	james	PROPN
ejge-4308	479	4	m.	m.	PROPN
ejge-4308	479	5	(	(	PUNCT
ejge-4308	479	6	1958	1958	NUM
ejge-4308	479	7	)	)	PUNCT
ejge-4308	479	8	public	public	ADJ
ejge-4308	479	9	principles	principle	NOUN
ejge-4308	479	10	of	of	ADP
ejge-4308	479	11	public	public	ADJ
ejge-4308	479	12	debt	debt	NOUN
ejge-4308	479	13	a	a	DET
ejge-4308	479	14	defense	defense	NOUN
ejge-4308	479	15	and	and	CCONJ
ejge-4308	479	16	restatement	restatement	NOUN
ejge-4308	479	17	.	.	PUNCT
ejge-4308	480	1	cecchetti	cecchetti	PROPN
ejge-4308	480	2	,	,	PUNCT
ejge-4308	480	3	stephen	stephen	PROPN
ejge-4308	480	4	g.	g.	PROPN
ejge-4308	480	5	,	,	PUNCT
ejge-4308	480	6	madhusudan	madhusudan	PROPN
ejge-4308	480	7	s.	s.	PROPN
ejge-4308	480	8	mohanty	mohanty	PROPN
ejge-4308	480	9	and	and	CCONJ
ejge-4308	480	10	fabrizio	fabrizio	PROPN
ejge-4308	480	11	zampolli	zampolli	PROPN
ejge-4308	480	12	(	(	PUNCT
ejge-4308	480	13	2011	2011	NUM
ejge-4308	480	14	)	)	PUNCT
ejge-4308	480	15	'	'	PUNCT
ejge-4308	480	16	the	the	DET
ejge-4308	480	17	real	real	ADJ
ejge-4308	480	18	effects	effect	NOUN
ejge-4308	480	19	of	of	ADP
ejge-4308	480	20	debt	debt	NOUN
ejge-4308	480	21	'	'	PART
ejge-4308	480	22	,	,	PUNCT
ejge-4308	480	23	bank	bank	NOUN
ejge-4308	480	24	for	for	ADP
ejge-4308	480	25	international	international	ADJ
ejge-4308	480	26	settlements	settlement	NOUN
ejge-4308	480	27	,	,	PUNCT
ejge-4308	480	28	monetary	monetary	ADJ
ejge-4308	480	29	and	and	CCONJ
ejge-4308	480	30	economic	economic	ADJ
ejge-4308	480	31	department	department	NOUN
ejge-4308	480	32	working	working	NOUN
ejge-4308	480	33	papers	paper	NOUN
ejge-4308	480	34	no	no	INTJ
ejge-4308	480	35	.	.	PUNCT
ejge-4308	481	1	352	352	NUM
ejge-4308	481	2	.	.	PUNCT
ejge-4308	481	3	chatterjee	chatterjee	PROPN
ejge-4308	481	4	,	,	PUNCT
ejge-4308	481	5	satyaijit	satyaijit	NOUN
ejge-4308	481	6	(	(	PUNCT
ejge-4308	481	7	2013	2013	NUM
ejge-4308	481	8	)	)	PUNCT
ejge-4308	481	9	'	'	PUNCT
ejge-4308	481	10	debt	debt	NOUN
ejge-4308	481	11	overhang	overhang	NOUN
ejge-4308	481	12	:	:	PUNCT
ejge-4308	481	13	why	why	SCONJ
ejge-4308	481	14	recovery	recovery	NOUN
ejge-4308	481	15	from	from	ADP
ejge-4308	481	16	a	a	DET
ejge-4308	481	17	financial	financial	ADJ
ejge-4308	481	18	crisis	crisis	NOUN
ejge-4308	481	19	can	can	AUX
ejge-4308	481	20	be	be	AUX
ejge-4308	481	21	slow	slow	ADJ
ejge-4308	481	22	'	'	PUNCT
ejge-4308	481	23	,	,	PUNCT
ejge-4308	481	24	business	business	NOUN
ejge-4308	481	25	review	review	NOUN
ejge-4308	481	26	q2	q2	NOUN
ejge-4308	481	27	:	:	PUNCT
ejge-4308	481	28	1	1	NUM
ejge-4308	481	29	-	-	SYM
ejge-4308	481	30	9	9	NUM
ejge-4308	481	31	.	.	PUNCT
ejge-4308	482	1	dembiermont	dembiermont	NOUN
ejge-4308	482	2	,	,	PUNCT
ejge-4308	482	3	christian	christian	PROPN
ejge-4308	482	4	,	,	PUNCT
ejge-4308	482	5	mathias	mathias	PROPN
ejge-4308	482	6	drehmann	drehmann	PROPN
ejge-4308	482	7	and	and	CCONJ
ejge-4308	482	8	siriporn	siriporn	ADJ
ejge-4308	482	9	muksakunratana	muksakunratana	NOUN
ejge-4308	482	10	(	(	PUNCT
ejge-4308	482	11	2013	2013	NUM
ejge-4308	482	12	)	)	PUNCT
ejge-4308	483	1	'	'	PUNCT
ejge-4308	483	2	how	how	SCONJ
ejge-4308	483	3	much	much	ADJ
ejge-4308	483	4	does	do	AUX
ejge-4308	483	5	the	the	DET
ejge-4308	483	6	private	private	ADJ
ejge-4308	483	7	sector	sector	NOUN
ejge-4308	483	8	really	really	ADV
ejge-4308	483	9	borrow	borrow	VERB
ejge-4308	483	10	?	?	PUNCT
ejge-4308	484	1	a	a	DET
ejge-4308	484	2	new	new	ADJ
ejge-4308	484	3	database	database	NOUN
ejge-4308	484	4	for	for	ADP
ejge-4308	484	5	total	total	ADJ
ejge-4308	484	6	credit	credit	NOUN
ejge-4308	484	7	to	to	ADP
ejge-4308	484	8	the	the	DET
ejge-4308	484	9	private	private	ADJ
ejge-4308	484	10	non	non	ADJ
ejge-4308	484	11	-	-	ADJ
ejge-4308	484	12	financial	financial	ADJ
ejge-4308	484	13	sector	sector	NOUN
ejge-4308	484	14	'	'	PUNCT
ejge-4308	484	15	,	,	PUNCT
ejge-4308	484	16	bis	bi	VERB
ejge-4308	484	17	quarterly	quarterly	ADJ
ejge-4308	484	18	review	review	NOUN
ejge-4308	484	19	march	march	PROPN
ejge-4308	484	20	.	.	PUNCT
ejge-4308	485	1	gärtner	gärtner	PROPN
ejge-4308	485	2	,	,	PUNCT
ejge-4308	485	3	kaharina	kaharina	PROPN
ejge-4308	485	4	(	(	PUNCT
ejge-4308	485	5	2013	2013	NUM
ejge-4308	485	6	)	)	PUNCT
ejge-4308	485	7	'	'	PUNCT
ejge-4308	485	8	household	household	NOUN
ejge-4308	485	9	debt	debt	NOUN
ejge-4308	485	10	and	and	CCONJ
ejge-4308	485	11	economic	economic	ADJ
ejge-4308	485	12	recovery	recovery	NOUN
ejge-4308	485	13	evidence	evidence	NOUN
ejge-4308	485	14	from	from	ADP
ejge-4308	485	15	the	the	DET
ejge-4308	485	16	us	us	PROPN
ejge-4308	485	17	great	great	ADJ
ejge-4308	485	18	depression	depression	NOUN
ejge-4308	485	19	'	'	PUNCT
ejge-4308	485	20	,	,	PUNCT
ejge-4308	485	21	european	european	ADJ
ejge-4308	485	22	historical	historical	ADJ
ejge-4308	485	23	economics	economics	PROPN
ejge-4308	485	24	society	society	PROPN
ejge-4308	485	25	working	work	VERB
ejge-4308	485	26	papers	paper	NOUN
ejge-4308	485	27	no	no	INTJ
ejge-4308	485	28	.	.	PROPN
ejge-4308	485	29	36	36	NUM
ejge-4308	485	30	.	.	PUNCT
ejge-4308	486	1	herndon	herndon	PROPN
ejge-4308	486	2	,	,	PUNCT
ejge-4308	486	3	thomas	thomas	PROPN
ejge-4308	486	4	,	,	PUNCT
ejge-4308	486	5	michael	michael	PROPN
ejge-4308	486	6	ash	ash	PROPN
ejge-4308	486	7	and	and	CCONJ
ejge-4308	486	8	robert	robert	PROPN
ejge-4308	486	9	pollin	pollin	PROPN
ejge-4308	486	10	(	(	PUNCT
ejge-4308	486	11	2014	2014	NUM
ejge-4308	486	12	)	)	PUNCT
ejge-4308	486	13	'	'	PUNCT
ejge-4308	486	14	does	do	AUX
ejge-4308	486	15	high	high	ADJ
ejge-4308	486	16	public	public	ADJ
ejge-4308	486	17	debt	debt	NOUN
ejge-4308	486	18	consistently	consistently	ADV
ejge-4308	486	19	stifle	stifle	VERB
ejge-4308	486	20	economic	economic	ADJ
ejge-4308	486	21	growth	growth	NOUN
ejge-4308	486	22	?	?	PUNCT
ejge-4308	487	1	a	a	DET
ejge-4308	487	2	critique	critique	NOUN
ejge-4308	487	3	of	of	ADP
ejge-4308	487	4	reinhart	reinhart	NOUN
ejge-4308	487	5	and	and	CCONJ
ejge-4308	487	6	rogoff	rogoff	NOUN
ejge-4308	487	7	'	'	PART
ejge-4308	487	8	,	,	PUNCT
ejge-4308	487	9	cambridge	cambridge	PROPN
ejge-4308	487	10	journal	journal	PROPN
ejge-4308	487	11	of	of	ADP
ejge-4308	487	12	economics	economic	NOUN
ejge-4308	487	13	38(2	38(2	NUM
ejge-4308	487	14	):	):	PUNCT
ejge-4308	487	15	257	257	NUM
ejge-4308	487	16	-	-	SYM
ejge-4308	487	17	279	279	NUM
ejge-4308	487	18	.	.	PUNCT
ejge-4308	488	1	horton	horton	PROPN
ejge-4308	488	2	,	,	PUNCT
ejge-4308	488	3	mark	mark	PROPN
ejge-4308	488	4	.	.	PUNCT
ejge-4308	489	1	a.	a.	PROPN
ejge-4308	489	2	,	,	PUNCT
ejge-4308	489	3	ali	ali	PROPN
ejge-4308	489	4	s.m	s.m	PROPN
ejge-4308	489	5	.	.	PROPN
ejge-4308	489	6	abbas	abbas	PROPN
ejge-4308	489	7	,	,	PUNCT
ejge-4308	489	8	nazim	nazim	PROPN
ejge-4308	489	9	belhocine	belhocine	PROPN
ejge-4308	489	10	and	and	CCONJ
ejge-4308	489	11	asmaa	asmaa	PROPN
ejge-4308	489	12	a.	a.	PROPN
ejge-4308	489	13	el	el	PROPN
ejge-4308	489	14	-	-	PUNCT
ejge-4308	489	15	ganainy	ganainy	ADJ
ejge-4308	489	16	(	(	PUNCT
ejge-4308	489	17	2010	2010	NUM
ejge-4308	489	18	)	)	PUNCT
ejge-4308	489	19	'	'	PUNCT
ejge-4308	489	20	a	a	DET
ejge-4308	489	21	historical	historical	ADJ
ejge-4308	489	22	public	public	ADJ
ejge-4308	489	23	debt	debt	NOUN
ejge-4308	489	24	database	database	NOUN
ejge-4308	489	25	'	'	PART
ejge-4308	489	26	,	,	PUNCT
ejge-4308	489	27	imf	imf	PROPN
ejge-4308	489	28	working	working	PROPN
ejge-4308	489	29	paper	paper	NOUN
ejge-4308	489	30	no	no	INTJ
ejge-4308	489	31	.	.	PUNCT
ejge-4308	490	1	10/245	10/245	NUM
ejge-4308	490	2	.	.	PUNCT
ejge-4308	491	1	international	international	ADJ
ejge-4308	491	2	monetary	monetary	ADJ
ejge-4308	491	3	fund	fund	NOUN
ejge-4308	491	4	(	(	PUNCT
ejge-4308	491	5	2010	2010	NUM
ejge-4308	491	6	)	)	PUNCT
ejge-4308	491	7	world	world	NOUN
ejge-4308	491	8	economic	economic	ADJ
ejge-4308	491	9	outlook	outlook	NOUN
ejge-4308	491	10	:	:	PUNCT
ejge-4308	491	11	rebalancing	rebalancing	NOUN
ejge-4308	491	12	growth	growth	NOUN
ejge-4308	491	13	.	.	PUNCT
ejge-4308	492	1	washington	washington	PROPN
ejge-4308	492	2	(	(	PUNCT
ejge-4308	492	3	april	april	PROPN
ejge-4308	492	4	)	)	PUNCT
ejge-4308	492	5	.	.	PUNCT
ejge-4308	493	1	jordà	jordà	PROPN
ejge-4308	493	2	,	,	PUNCT
ejge-4308	493	3	oscar	oscar	PROPN
ejge-4308	493	4	,	,	PUNCT
ejge-4308	493	5	moritz	moritz	PROPN
ejge-4308	493	6	hp	hp	PROPN
ejge-4308	493	7	schularick	schularick	PROPN
ejge-4308	493	8	and	and	CCONJ
ejge-4308	493	9	alan	alan	PROPN
ejge-4308	493	10	m.	m.	PROPN
ejge-4308	493	11	&	&	CCONJ
ejge-4308	493	12	taylor	taylor	PROPN
ejge-4308	493	13	(	(	PUNCT
ejge-4308	493	14	2013	2013	NUM
ejge-4308	493	15	)	)	PUNCT
ejge-4308	493	16	'	'	VERB
ejge-4308	493	17	sovereigns	sovereign	NOUN
ejge-4308	493	18	versus	versus	ADP
ejge-4308	493	19	banks	bank	NOUN
ejge-4308	493	20	:	:	PUNCT
ejge-4308	493	21	credit	credit	NOUN
ejge-4308	493	22	,	,	PUNCT
ejge-4308	493	23	crises	crisis	NOUN
ejge-4308	493	24	and	and	CCONJ
ejge-4308	493	25	consequences	consequence	NOUN
ejge-4308	493	26	'	'	PART
ejge-4308	493	27	,	,	PUNCT
ejge-4308	493	28	national	national	ADJ
ejge-4308	493	29	bureau	bureau	PROPN
ejge-4308	493	30	of	of	ADP
ejge-4308	493	31	economic	economic	ADJ
ejge-4308	493	32	research	research	NOUN
ejge-4308	493	33	working	working	NOUN
ejge-4308	493	34	papers	paper	NOUN
ejge-4308	493	35	no	no	INTJ
ejge-4308	493	36	.	.	PUNCT
ejge-4308	494	1	w19506	w19506	AUX
ejge-4308	494	2	.	.	PUNCT
ejge-4308	495	1	lof	lof	PROPN
ejge-4308	495	2	,	,	PUNCT
ejge-4308	495	3	matthijs	matthijs	PROPN
ejge-4308	495	4	and	and	CCONJ
ejge-4308	495	5	tuomas	tuomas	PROPN
ejge-4308	495	6	malinen	malinen	PROPN
ejge-4308	495	7	(	(	PUNCT
ejge-4308	495	8	2014	2014	NUM
ejge-4308	495	9	)	)	PUNCT
ejge-4308	495	10	'	'	PUNCT
ejge-4308	495	11	does	do	AUX
ejge-4308	495	12	sovereign	sovereign	VERB
ejge-4308	495	13	debt	debt	NOUN
ejge-4308	495	14	weaken	weaken	VERB
ejge-4308	495	15	economic	economic	ADJ
ejge-4308	495	16	growth	growth	NOUN
ejge-4308	495	17	?	?	PUNCT
ejge-4308	496	1	a	a	DET
ejge-4308	496	2	panel	panel	NOUN
ejge-4308	496	3	var	var	NOUN
ejge-4308	496	4	analysis	analysis	NOUN
ejge-4308	496	5	'	'	PUNCT
ejge-4308	496	6	,	,	PUNCT
ejge-4308	496	7	economics	economics	NOUN
ejge-4308	496	8	letters	letter	NOUN
ejge-4308	496	9	122(3	122(3	NUM
ejge-4308	496	10	):	):	PUNCT
ejge-4308	496	11	403	403	NUM
ejge-4308	496	12	-	-	SYM
ejge-4308	496	13	407	407	NUM
ejge-4308	496	14	.	.	PUNCT
ejge-4308	497	1	mian	mian	PROPN
ejge-4308	497	2	,	,	PUNCT
ejge-4308	497	3	atif	atif	PROPN
ejge-4308	497	4	and	and	CCONJ
ejge-4308	497	5	amir	amir	PROPN
ejge-4308	497	6	sufi	sufi	PROPN
ejge-4308	497	7	(	(	PUNCT
ejge-4308	497	8	2014	2014	NUM
ejge-4308	497	9	)	)	PUNCT
ejge-4308	497	10	house	house	NOUN
ejge-4308	497	11	of	of	ADP
ejge-4308	497	12	debt	debt	NOUN
ejge-4308	497	13	how	how	SCONJ
ejge-4308	497	14	they	they	PRON
ejge-4308	497	15	(	(	PUNCT
ejge-4308	497	16	and	and	CCONJ
ejge-4308	497	17	you	you	PRON
ejge-4308	497	18	)	)	PUNCT
ejge-4308	497	19	caused	cause	VERB
ejge-4308	497	20	the	the	DET
ejge-4308	497	21	great	great	ADJ
ejge-4308	497	22	recession	recession	NOUN
ejge-4308	497	23	,	,	PUNCT
ejge-4308	497	24	and	and	CCONJ
ejge-4308	497	25	how	how	SCONJ
ejge-4308	497	26	we	we	PRON
ejge-4308	497	27	can	can	AUX
ejge-4308	497	28	prevent	prevent	VERB
ejge-4308	497	29	it	it	PRON
ejge-4308	497	30	from	from	ADP
ejge-4308	497	31	happening	happen	VERB
ejge-4308	497	32	again	again	ADV
ejge-4308	497	33	.	.	PUNCT
ejge-4308	498	1	chicago	chicago	PROPN
ejge-4308	498	2	:	:	PUNCT
ejge-4308	498	3	university	university	NOUN
ejge-4308	498	4	of	of	ADP
ejge-4308	498	5	chicago	chicago	PROPN
ejge-4308	498	6	press	press	PROPN
ejge-4308	498	7	.	.	PUNCT
ejge-4308	499	1	minea	minea	PROPN
ejge-4308	499	2	,	,	PUNCT
ejge-4308	499	3	alexandru	alexandru	PROPN
ejge-4308	499	4	and	and	CCONJ
ejge-4308	499	5	antoine	antoine	PROPN
ejge-4308	499	6	parent	parent	NOUN
ejge-4308	499	7	(	(	PUNCT
ejge-4308	499	8	2012	2012	NUM
ejge-4308	499	9	)	)	PUNCT
ejge-4308	499	10	'	'	PUNCT
ejge-4308	499	11	is	be	AUX
ejge-4308	499	12	high	high	ADJ
ejge-4308	499	13	public	public	ADJ
ejge-4308	499	14	debt	debt	NOUN
ejge-4308	499	15	always	always	ADV
ejge-4308	499	16	harmful	harmful	ADJ
ejge-4308	499	17	to	to	ADP
ejge-4308	499	18	economic	economic	ADJ
ejge-4308	499	19	growth	growth	NOUN
ejge-4308	499	20	?	?	PUNCT
ejge-4308	500	1	reinhart	reinhart	NOUN
ejge-4308	500	2	and	and	CCONJ
ejge-4308	500	3	rogoff	rogoff	NOUN
ejge-4308	500	4	and	and	CCONJ
ejge-4308	500	5	some	some	DET
ejge-4308	500	6	complex	complex	ADJ
ejge-4308	500	7	nonlinearities	nonlinearitie	NOUN
ejge-4308	500	8	'	'	PART
ejge-4308	500	9	,	,	PUNCT
ejge-4308	500	10	cerdi	cerdi	VERB
ejge-4308	500	11	working	working	NOUN
ejge-4308	500	12	papers	paper	NOUN
ejge-4308	500	13	,	,	PUNCT
ejge-4308	500	14	no	no	INTJ
ejge-4308	500	15	.	.	NOUN
ejge-4308	500	16	2012	2012	NUM
ejge-4308	500	17	-	-	SYM
ejge-4308	500	18	18	18	NUM
ejge-4308	500	19	.	.	PUNCT
ejge-4308	501	1	panizza	panizza	PROPN
ejge-4308	501	2	,	,	PUNCT
ejge-4308	501	3	ugo	ugo	PROPN
ejge-4308	501	4	and	and	CCONJ
ejge-4308	501	5	andrea	andrea	PROPN
ejge-4308	501	6	f.	f.	PROPN
ejge-4308	501	7	presbitero	presbitero	PROPN
ejge-4308	501	8	(	(	PUNCT
ejge-4308	501	9	2014	2014	NUM
ejge-4308	501	10	)	)	PUNCT
ejge-4308	501	11	'	'	PUNCT
ejge-4308	501	12	public	public	ADJ
ejge-4308	501	13	debt	debt	NOUN
ejge-4308	501	14	and	and	CCONJ
ejge-4308	501	15	economic	economic	ADJ
ejge-4308	501	16	growth	growth	NOUN
ejge-4308	501	17	:	:	PUNCT
ejge-4308	501	18	is	be	AUX
ejge-4308	501	19	there	there	PRON
ejge-4308	501	20	a	a	DET
ejge-4308	501	21	causal	causal	ADJ
ejge-4308	501	22	effect	effect	NOUN
ejge-4308	501	23	?	?	PUNCT
ejge-4308	501	24	'	'	PUNCT
ejge-4308	501	25	,	,	PUNCT
ejge-4308	501	26	journal	journal	NOUN
ejge-4308	501	27	of	of	ADP
ejge-4308	501	28	macroeconomics	macroeconomic	NOUN
ejge-4308	501	29	41	41	NUM
ejge-4308	501	30	:	:	PUNCT
ejge-4308	501	31	21	21	NUM
ejge-4308	501	32	-	-	SYM
ejge-4308	501	33	41	41	NUM
ejge-4308	501	34	.	.	PUNCT
ejge-4308	502	1	pescatori	pescatori	PROPN
ejge-4308	502	2	,	,	PUNCT
ejge-4308	502	3	andrea	andrea	PROPN
ejge-4308	502	4	,	,	PUNCT
ejge-4308	502	5	damiano	damiano	PROPN
ejge-4308	502	6	sandri	sandri	PROPN
ejge-4308	502	7	and	and	CCONJ
ejge-4308	502	8	john	john	PROPN
ejge-4308	502	9	simon	simon	PROPN
ejge-4308	502	10	(	(	PUNCT
ejge-4308	502	11	2014	2014	NUM
ejge-4308	502	12	)	)	PUNCT
ejge-4308	502	13	'	'	PUNCT
ejge-4308	502	14	debt	debt	NOUN
ejge-4308	502	15	and	and	CCONJ
ejge-4308	502	16	growth	growth	NOUN
ejge-4308	502	17	:	:	PUNCT
ejge-4308	502	18	is	be	AUX
ejge-4308	502	19	there	there	PRON
ejge-4308	502	20	a	a	DET
ejge-4308	502	21	magic	magic	ADJ
ejge-4308	502	22	threshold	threshold	NOUN
ejge-4308	502	23	?	?	PUNCT
ejge-4308	502	24	'	'	PUNCT
ejge-4308	502	25	,	,	PUNCT
ejge-4308	502	26	imf	imf	PROPN
ejge-4308	502	27	working	working	PROPN
ejge-4308	502	28	papers	paper	NOUN
ejge-4308	502	29	no	no	INTJ
ejge-4308	502	30	.	.	PUNCT
ejge-4308	503	1	14/34	14/34	NUM
ejge-4308	503	2	.	.	PUNCT
ejge-4308	504	1	european	european	ADJ
ejge-4308	504	2	journal	journal	PROPN
ejge-4308	504	3	of	of	ADP
ejge-4308	504	4	government	government	NOUN
ejge-4308	504	5	and	and	CCONJ
ejge-4308	504	6	economics	economic	NOUN
ejge-4308	504	7	4(2	4(2	NUM
ejge-4308	504	8	)	)	PUNCT
ejge-4308	504	9	99	99	NUM
ejge-4308	504	10	randveer	randveer	NOUN
ejge-4308	504	11	,	,	PUNCT
ejge-4308	504	12	martti	martti	PROPN
ejge-4308	504	13	,	,	PUNCT
ejge-4308	504	14	liina	liina	NOUN
ejge-4308	504	15	kulu	kulu	PROPN
ejge-4308	504	16	and	and	CCONJ
ejge-4308	504	17	lenno	lenno	PROPN
ejge-4308	504	18	uusküla	uusküla	PROPN
ejge-4308	504	19	(	(	PUNCT
ejge-4308	504	20	2011	2011	NUM
ejge-4308	504	21	)	)	PUNCT
ejge-4308	504	22	'	'	PUNCT
ejge-4308	504	23	the	the	DET
ejge-4308	504	24	impact	impact	NOUN
ejge-4308	504	25	of	of	ADP
ejge-4308	504	26	private	private	ADJ
ejge-4308	504	27	debt	debt	NOUN
ejge-4308	504	28	on	on	ADP
ejge-4308	504	29	economic	economic	ADJ
ejge-4308	504	30	growth	growth	NOUN
ejge-4308	504	31	'	'	PUNCT
ejge-4308	504	32	,	,	PUNCT
ejge-4308	505	1	eesti	eesti	PROPN
ejge-4308	505	2	pank	pank	NOUN
ejge-4308	505	3	working	working	NOUN
ejge-4308	505	4	papers	paper	NOUN
ejge-4308	505	5	no	no	INTJ
ejge-4308	505	6	.	.	PUNCT
ejge-4308	506	1	10/2011	10/2011	NUM
ejge-4308	506	2	.	.	PUNCT
ejge-4308	507	1	reinhart	reinhart	PROPN
ejge-4308	507	2	,	,	PUNCT
ejge-4308	507	3	carmen	carman	NOUN
ejge-4308	507	4	.	.	PUNCT
ejge-4308	508	1	m	m	PROPN
ejge-4308	508	2	and	and	CCONJ
ejge-4308	508	3	kenneth	kenneth	PROPN
ejge-4308	508	4	rogoff	rogoff	PROPN
ejge-4308	508	5	(	(	PUNCT
ejge-4308	508	6	2009	2009	NUM
ejge-4308	508	7	)	)	PUNCT
ejge-4308	508	8	this	this	DET
ejge-4308	508	9	time	time	NOUN
ejge-4308	508	10	is	be	AUX
ejge-4308	508	11	different	different	ADJ
ejge-4308	508	12	:	:	PUNCT
ejge-4308	508	13	eight	eight	NUM
ejge-4308	508	14	centuries	century	NOUN
ejge-4308	508	15	of	of	ADP
ejge-4308	508	16	financial	financial	ADJ
ejge-4308	508	17	folly	folly	NOUN
ejge-4308	508	18	.	.	PUNCT
ejge-4308	509	1	princeton	princeton	PROPN
ejge-4308	509	2	:	:	PUNCT
ejge-4308	509	3	princeton	princeton	PROPN
ejge-4308	509	4	university	university	PROPN
ejge-4308	509	5	press	press	NOUN
ejge-4308	509	6	.	.	PUNCT
ejge-4308	510	1	reinhart	reinhart	PROPN
ejge-4308	510	2	,	,	PUNCT
ejge-4308	510	3	carmen	carman	NOUN
ejge-4308	510	4	.	.	PUNCT
ejge-4308	511	1	m	m	PROPN
ejge-4308	511	2	and	and	CCONJ
ejge-4308	511	3	kenneth	kenneth	PROPN
ejge-4308	511	4	rogoff	rogoff	PROPN
ejge-4308	511	5	(	(	PUNCT
ejge-4308	511	6	2010	2010	NUM
ejge-4308	511	7	)	)	PUNCT
ejge-4308	511	8	'	'	PUNCT
ejge-4308	511	9	growth	growth	NOUN
ejge-4308	511	10	in	in	ADP
ejge-4308	511	11	a	a	DET
ejge-4308	511	12	time	time	NOUN
ejge-4308	511	13	of	of	ADP
ejge-4308	511	14	debt	debt	NOUN
ejge-4308	511	15	'	'	PART
ejge-4308	511	16	,	,	PUNCT
ejge-4308	511	17	american	american	PROPN
ejge-4308	511	18	economic	economic	PROPN
ejge-4308	511	19	review	review	PROPN
ejge-4308	511	20	100(2	100(2	NUM
ejge-4308	511	21	):	):	PUNCT
ejge-4308	511	22	573	573	NUM
ejge-4308	511	23	-	-	SYM
ejge-4308	511	24	578	578	NUM
ejge-4308	511	25	.	.	PUNCT
ejge-4308	512	1	reinhart	reinhart	PROPN
ejge-4308	512	2	,	,	PUNCT
ejge-4308	512	3	carmen	carmen	PROPN
ejge-4308	512	4	.	.	PUNCT
ejge-4308	513	1	m.	m.	NOUN
ejge-4308	513	2	,	,	PUNCT
ejge-4308	513	3	vincent	vincent	PROPN
ejge-4308	513	4	r.	r.	PROPN
ejge-4308	513	5	reinhart	reinhart	PROPN
ejge-4308	513	6	and	and	CCONJ
ejge-4308	513	7	kenneth	kenneth	PROPN
ejge-4308	513	8	rogoff	rogoff	PROPN
ejge-4308	513	9	(	(	PUNCT
ejge-4308	513	10	2012	2012	NUM
ejge-4308	513	11	)	)	PUNCT
ejge-4308	513	12	'	'	PUNCT
ejge-4308	513	13	public	public	ADJ
ejge-4308	513	14	debt	debt	NOUN
ejge-4308	513	15	overhangs	overhang	NOUN
ejge-4308	513	16	:	:	PUNCT
ejge-4308	513	17	advanced	advance	VERB
ejge-4308	513	18	-	-	PUNCT
ejge-4308	513	19	economy	economy	NOUN
ejge-4308	513	20	episodes	episode	NOUN
ejge-4308	513	21	since	since	SCONJ
ejge-4308	513	22	1800	1800	NUM
ejge-4308	513	23	'	'	PART
ejge-4308	513	24	,	,	PUNCT
ejge-4308	513	25	the	the	DET
ejge-4308	513	26	journal	journal	NOUN
ejge-4308	513	27	of	of	ADP
ejge-4308	513	28	economic	economic	ADJ
ejge-4308	513	29	perspectives	perspective	NOUN
ejge-4308	513	30	26(3	26(3	NUM
ejge-4308	513	31	):	):	PUNCT
ejge-4308	513	32	69	69	NUM
ejge-4308	513	33	-	-	SYM
ejge-4308	513	34	86	86	NUM
ejge-4308	513	35	.	.	PUNCT
ejge-4308	514	1	schich	schich	NOUN
ejge-4308	514	2	,	,	PUNCT
ejge-4308	514	3	sebastian	sebastian	PROPN
ejge-4308	514	4	and	and	CCONJ
ejge-4308	514	5	sofia	sofia	PROPN
ejge-4308	514	6	lindh	lindh	NOUN
ejge-4308	514	7	(	(	PUNCT
ejge-4308	514	8	2012	2012	NUM
ejge-4308	514	9	)	)	PUNCT
ejge-4308	514	10	'	'	PUNCT
ejge-4308	514	11	implicit	implicit	ADJ
ejge-4308	514	12	guarantees	guarantee	NOUN
ejge-4308	514	13	for	for	ADP
ejge-4308	514	14	bank	bank	NOUN
ejge-4308	514	15	debt	debt	NOUN
ejge-4308	514	16	.	.	PUNCT
ejge-4308	514	17	'	'	PUNCT
ejge-4308	515	1	oecd	oecd	PROPN
ejge-4308	515	2	journal	journal	PROPN
ejge-4308	515	3	:	:	PUNCT
ejge-4308	515	4	financial	financial	ADJ
ejge-4308	515	5	market	market	NOUN
ejge-4308	515	6	trends	trend	NOUN
ejge-4308	515	7	2012(1	2012(1	NOUN
ejge-4308	515	8	):	):	PUNCT
ejge-4308	515	9	45	45	NUM
ejge-4308	515	10	-	-	SYM
ejge-4308	515	11	63	63	NUM
ejge-4308	515	12	.	.	PUNCT
ejge-4308	516	1	schmidt	schmidt	PROPN
ejge-4308	516	2	,	,	PUNCT
ejge-4308	516	3	emerson	emerson	PROPN
ejge-4308	516	4	p.	p.	PROPN
ejge-4308	516	5	(	(	PUNCT
ejge-4308	516	6	1943	1943	NUM
ejge-4308	516	7	)	)	PUNCT
ejge-4308	516	8	'	'	PUNCT
ejge-4308	516	9	private	private	ADJ
ejge-4308	516	10	versus	versus	ADP
ejge-4308	516	11	public	public	ADJ
ejge-4308	516	12	debt	debt	NOUN
ejge-4308	516	13	'	'	PART
ejge-4308	516	14	,	,	PUNCT
ejge-4308	516	15	american	american	PROPN
ejge-4308	516	16	economic	economic	PROPN
ejge-4308	516	17	review	review	PROPN
ejge-4308	516	18	33(1	33(1	NUM
ejge-4308	516	19	):	):	PUNCT
ejge-4308	516	20	119	119	NUM
ejge-4308	516	21	-	-	SYM
ejge-4308	516	22	121	121	NUM
ejge-4308	516	23	.	.	PUNCT
ejge-4308	517	1	summers	summer	NOUN
ejge-4308	517	2	,	,	PUNCT
ejge-4308	517	3	larry	larry	PROPN
ejge-4308	517	4	h.	h.	PROPN
ejge-4308	517	5	(	(	PUNCT
ejge-4308	517	6	2014	2014	NUM
ejge-4308	517	7	)	)	PUNCT
ejge-4308	517	8	'	'	PUNCT
ejge-4308	517	9	us	us	PROPN
ejge-4308	517	10	economic	economic	ADJ
ejge-4308	517	11	prospects	prospect	NOUN
ejge-4308	517	12	:	:	PUNCT
ejge-4308	517	13	secular	secular	ADJ
ejge-4308	517	14	stagnation	stagnation	NOUN
ejge-4308	517	15	,	,	PUNCT
ejge-4308	517	16	hysteresis	hysteresis	NOUN
ejge-4308	517	17	,	,	PUNCT
ejge-4308	517	18	and	and	CCONJ
ejge-4308	517	19	the	the	DET
ejge-4308	517	20	zero	zero	NUM
ejge-4308	517	21	lower	lower	ADV
ejge-4308	517	22	bound	bind	VERB
ejge-4308	517	23	'	'	PUNCT
ejge-4308	517	24	,	,	PUNCT
ejge-4308	517	25	business	business	NOUN
ejge-4308	517	26	economics	economic	NOUN
ejge-4308	517	27	49(2	49(2	NUM
ejge-4308	517	28	):	):	PUNCT
ejge-4308	517	29	65	65	NUM
ejge-4308	517	30	-	-	SYM
ejge-4308	517	31	73	73	NUM
ejge-4308	517	32	.	.	PUNCT
ejge-4308	518	1	taylor	taylor	PROPN
ejge-4308	518	2	,	,	PUNCT
ejge-4308	518	3	alan	alan	PROPN
ejge-4308	518	4	m.	m.	PROPN
ejge-4308	518	5	and	and	CCONJ
ejge-4308	518	6	caro	caro	PROPN
ejge-4308	518	7	corrado	corrado	PROPN
ejge-4308	518	8	(	(	PUNCT
ejge-4308	518	9	2012	2012	NUM
ejge-4308	518	10	)	)	PUNCT
ejge-4308	518	11	'	'	PUNCT
ejge-4308	518	12	the	the	DET
ejge-4308	518	13	great	great	ADJ
ejge-4308	518	14	leveraging	leveraging	NOUN
ejge-4308	518	15	'	'	PUNCT
ejge-4308	518	16	,	,	PUNCT
ejge-4308	518	17	national	national	ADJ
ejge-4308	518	18	bureau	bureau	NOUN
ejge-4308	518	19	for	for	ADP
ejge-4308	518	20	economic	economic	ADJ
ejge-4308	518	21	research	research	NOUN
ejge-4308	518	22	working	working	NOUN
ejge-4308	518	23	papers	paper	NOUN
ejge-4308	518	24	no	no	INTJ
ejge-4308	518	25	.	.	PUNCT
ejge-4308	519	1	w18290	w18290	PROPN
ejge-4308	519	2	.	.	PUNCT
ejge-4308	520	1	woo	woo	PROPN
ejge-4308	520	2	,	,	PUNCT
ejge-4308	520	3	jaejoon	jaejoon	PROPN
ejge-4308	520	4	and	and	CCONJ
ejge-4308	520	5	manmohan	manmohan	PROPN
ejge-4308	520	6	s.	s.	PROPN
ejge-4308	520	7	kumar	kumar	PROPN
ejge-4308	520	8	(	(	PUNCT
ejge-4308	520	9	2010	2010	NUM
ejge-4308	520	10	)	)	PUNCT
ejge-4308	520	11	'	'	PUNCT
ejge-4308	520	12	public	public	ADJ
ejge-4308	520	13	debt	debt	NOUN
ejge-4308	520	14	and	and	CCONJ
ejge-4308	520	15	growth	growth	NOUN
ejge-4308	520	16	'	'	PUNCT
ejge-4308	520	17	,	,	PUNCT
ejge-4308	520	18	economica	economica	PROPN
ejge-4308	520	19	82(328	82(328	NOUN
ejge-4308	520	20	):	):	PUNCT
ejge-4308	521	1	705–739	705–739	NUM
ejge-4308	521	2	.	.	PUNCT
ejge-4308	521	3	vanlaer	vanlaer	PROPN
ejge-4308	521	4	,	,	PUNCT
ejge-4308	521	5	marneffe	marneffe	PROPN
ejge-4308	521	6	,	,	PUNCT
ejge-4308	521	7	vereeck	vereeck	PROPN
ejge-4308	521	8	,	,	PUNCT
ejge-4308	521	9	van	van	PROPN
ejge-4308	521	10	overtveldt	overtveldt	PROPN
ejge-4308	521	11	●	●	X
ejge-4308	521	12	does	do	AUX
ejge-4308	521	13	debt	debt	NOUN
ejge-4308	521	14	predict	predict	VERB
ejge-4308	521	15	growth	growth	NOUN
ejge-4308	521	16	?	?	PUNCT
ejge-4308	522	1	100	100	NUM
ejge-4308	522	2	appendix	appendix	ADJ
ejge-4308	522	3	descriptive	descriptive	ADJ
ejge-4308	522	4	statistics	statistic	NOUN
ejge-4308	522	5	country	country	NOUN
ejge-4308	522	6	public	public	ADJ
ejge-4308	522	7	debt	debt	NOUN
ejge-4308	522	8	to	to	ADP
ejge-4308	522	9	gdp	gdp	NOUN
ejge-4308	522	10	private	private	ADJ
ejge-4308	522	11	debt	debt	NOUN
ejge-4308	522	12	to	to	ADP
ejge-4308	522	13	gdp	gdp	NOUN
ejge-4308	522	14	total	total	ADJ
ejge-4308	522	15	debt	debt	NOUN
ejge-4308	522	16	to	to	ADP
ejge-4308	522	17	gdp	gdp	VERB
ejge-4308	522	18	yearly	yearly	ADJ
ejge-4308	522	19	increase	increase	NOUN
ejge-4308	522	20	in	in	ADP
ejge-4308	522	21	total	total	ADJ
ejge-4308	522	22	debt	debt	NOUN
ejge-4308	522	23	real	real	ADJ
ejge-4308	522	24	gdp	gdp	NOUN
ejge-4308	522	25	per	per	ADP
ejge-4308	522	26	capita	capita	X
ejge-4308	522	27	growth	growth	NOUN
ejge-4308	522	28	australia	australia	NOUN
ejge-4308	522	29	23,81	23,81	NUM
ejge-4308	522	30	%	%	NOUN
ejge-4308	522	31	103,66	103,66	NUM
ejge-4308	522	32	%	%	NOUN
ejge-4308	522	33	128,36	128,36	NUM
ejge-4308	522	34	%	%	NOUN
ejge-4308	522	35	2,11	2,11	NUM
ejge-4308	522	36	%	%	NOUN
ejge-4308	522	37	2,05	2,05	NUM
ejge-4308	522	38	%	%	NOUN
ejge-4308	522	39	austria	austria	NOUN
ejge-4308	522	40	44,86	44,86	NUM
ejge-4308	522	41	%	%	NOUN
ejge-4308	522	42	96,39	96,39	NUM
ejge-4308	522	43	%	%	NOUN
ejge-4308	522	44	142,33	142,33	NUM
ejge-4308	522	45	%	%	NOUN
ejge-4308	522	46	3,76	3,76	NUM
ejge-4308	522	47	%	%	NOUN
ejge-4308	522	48	2,57	2,57	NUM
ejge-4308	522	49	%	%	NOUN
ejge-4308	522	50	belgium	belgium	NOUN
ejge-4308	522	51	88,24	88,24	NUM
ejge-4308	522	52	%	%	NOUN
ejge-4308	522	53	132,83	132,83	NUM
ejge-4308	522	54	%	%	NOUN
ejge-4308	522	55	229,69	229,69	NUM
ejge-4308	522	56	%	%	NOUN
ejge-4308	522	57	4,71	4,71	NUM
ejge-4308	522	58	%	%	NOUN
ejge-4308	522	59	2,34	2,34	NUM
ejge-4308	522	60	%	%	NOUN
ejge-4308	522	61	canada	canada	PROPN
ejge-4308	522	62	69,22	69,22	ADJ
ejge-4308	522	63	%	%	NOUN
ejge-4308	522	64	129,70	129,70	NUM
ejge-4308	522	65	%	%	NOUN
ejge-4308	522	66	198,92	198,92	NUM
ejge-4308	522	67	%	%	NOUN
ejge-4308	522	68	2,49	2,49	NUM
ejge-4308	522	69	%	%	NOUN
ejge-4308	522	70	2,01	2,01	NUM
ejge-4308	522	71	%	%	NOUN
ejge-4308	522	72	czech	czech	PROPN
ejge-4308	522	73	republic	republic	NOUN
ejge-4308	522	74	25,58	25,58	NOUN
ejge-4308	522	75	%	%	NOUN
ejge-4308	522	76	69,27	69,27	NUM
ejge-4308	522	77	%	%	NOUN
ejge-4308	522	78	94,85	94,85	NUM
ejge-4308	522	79	%	%	NOUN
ejge-4308	522	80	1,40	1,40	NUM
ejge-4308	522	81	%	%	NOUN
ejge-4308	522	82	1,82	1,82	NUM
ejge-4308	522	83	%	%	NOUN
ejge-4308	522	84	denmark	denmark	NOUN
ejge-4308	522	85	36,36	36,36	NUM
ejge-4308	522	86	%	%	NOUN
ejge-4308	522	87	156,07	156,07	NUM
ejge-4308	522	88	%	%	NOUN
ejge-4308	522	89	192,49	192,49	NUM
ejge-4308	522	90	%	%	NOUN
ejge-4308	522	91	4,23	4,23	NUM
ejge-4308	522	92	%	%	NOUN
ejge-4308	522	93	2,01	2,01	NUM
ejge-4308	522	94	%	%	NOUN
ejge-4308	522	95	finland	finland	NOUN
ejge-4308	522	96	25,79	25,79	NUM
ejge-4308	522	97	%	%	NOUN
ejge-4308	522	98	119,74	119,74	NUM
ejge-4308	522	99	%	%	NOUN
ejge-4308	522	100	149,83	149,83	NUM
ejge-4308	522	101	%	%	NOUN
ejge-4308	522	102	3,34	3,34	NUM
ejge-4308	522	103	%	%	NOUN
ejge-4308	522	104	2,68	2,68	NUM
ejge-4308	522	105	%	%	NOUN
ejge-4308	522	106	france	france	PROPN
ejge-4308	522	107	39,86	39,86	NUM
ejge-4308	522	108	%	%	NOUN
ejge-4308	522	109	106,58	106,58	NUM
ejge-4308	522	110	%	%	NOUN
ejge-4308	522	111	151,33	151,33	NUM
ejge-4308	522	112	%	%	NOUN
ejge-4308	522	113	3,88	3,88	NUM
ejge-4308	522	114	%	%	NOUN
ejge-4308	522	115	2,23	2,23	NUM
ejge-4308	522	116	%	%	NOUN
ejge-4308	522	117	germany	germany	PROPN
ejge-4308	522	118	42,71	42,71	PROPN
ejge-4308	522	119	%	%	NOUN
ejge-4308	522	120	109,07	109,07	NUM
ejge-4308	522	121	%	%	NOUN
ejge-4308	522	122	151,96	151,96	NUM
ejge-4308	522	123	%	%	NOUN
ejge-4308	522	124	2,12	2,12	NUM
ejge-4308	522	125	%	%	NOUN
ejge-4308	522	126	2,17	2,17	NUM
ejge-4308	522	127	%	%	NOUN
ejge-4308	522	128	greece	greece	PROPN
ejge-4308	522	129	65,48	65,48	PROPN
ejge-4308	522	130	%	%	NOUN
ejge-4308	522	131	54,84	54,84	NUM
ejge-4308	522	132	%	%	NOUN
ejge-4308	522	133	120,78	120,78	NUM
ejge-4308	522	134	%	%	NOUN
ejge-4308	522	135	5,26	5,26	NUM
ejge-4308	522	136	%	%	NOUN
ejge-4308	522	137	2,70	2,70	NUM
ejge-4308	522	138	%	%	NOUN
ejge-4308	522	139	hungary	hungary	PROPN
ejge-4308	522	140	80,91	80,91	NUM
ejge-4308	522	141	%	%	NOUN
ejge-4308	522	142	86,14	86,14	NUM
ejge-4308	522	143	%	%	NOUN
ejge-4308	522	144	165,86	165,86	NUM
ejge-4308	522	145	%	%	NOUN
ejge-4308	522	146	5,42	5,42	NUM
ejge-4308	522	147	%	%	NOUN
ejge-4308	522	148	1,95	1,95	NUM
ejge-4308	522	149	%	%	NOUN
ejge-4308	522	150	ireland	ireland	NOUN
ejge-4308	522	151	58,50	58,50	NUM
ejge-4308	522	152	%	%	NOUN
ejge-4308	522	153	139,23	139,23	NUM
ejge-4308	522	154	%	%	NOUN
ejge-4308	522	155	201,05	201,05	NUM
ejge-4308	522	156	%	%	NOUN
ejge-4308	522	157	7,75	7,75	NUM
ejge-4308	522	158	%	%	NOUN
ejge-4308	522	159	3,42	3,42	NUM
ejge-4308	522	160	%	%	NOUN
ejge-4308	522	161	italy	italy	PROPN
ejge-4308	522	162	79,09	79,09	NOUN
ejge-4308	522	163	%	%	NOUN
ejge-4308	522	164	80,27	80,27	NUM
ejge-4308	522	165	%	%	NOUN
ejge-4308	522	166	159,36	159,36	NUM
ejge-4308	522	167	%	%	NOUN
ejge-4308	522	168	3,23	3,23	NUM
ejge-4308	522	169	%	%	NOUN
ejge-4308	522	170	2,27	2,27	NUM
ejge-4308	522	171	%	%	NOUN
ejge-4308	522	172	japan	japan	PROPN
ejge-4308	522	173	83,33	83,33	PROPN
ejge-4308	522	174	%	%	NOUN
ejge-4308	522	175	168,83	168,83	NUM
ejge-4308	522	176	%	%	NOUN
ejge-4308	522	177	256,93	256,93	NUM
ejge-4308	522	178	%	%	NOUN
ejge-4308	522	179	5,99	5,99	NUM
ejge-4308	522	180	%	%	NOUN
ejge-4308	522	181	3,46	3,46	NUM
ejge-4308	522	182	%	%	NOUN
ejge-4308	522	183	luxembourg	luxembourg	PROPN
ejge-4308	522	184	8,25	8,25	NUM
ejge-4308	522	185	%	%	NOUN
ejge-4308	522	186	351,04	351,04	NUM
ejge-4308	522	187	%	%	NOUN
ejge-4308	522	188	363,05	363,05	NUM
ejge-4308	522	189	%	%	NOUN
ejge-4308	522	190	15,47	15,47	NUM
ejge-4308	522	191	%	%	NOUN
ejge-4308	522	192	2,74	2,74	NUM
ejge-4308	522	193	%	%	NOUN
ejge-4308	522	194	mexico	mexico	NOUN
ejge-4308	523	1	38,43	38,43	NOUN
ejge-4308	523	2	%	%	NOUN
ejge-4308	523	3	23,52	23,52	NUM
ejge-4308	523	4	%	%	NOUN
ejge-4308	523	5	70,57	70,57	NUM
ejge-4308	523	6	%	%	NOUN
ejge-4308	523	7	0,18	0,18	SYM
ejge-4308	524	1	%	%	NOUN
ejge-4308	525	1	1,92	1,92	NUM
ejge-4308	525	2	%	%	NOUN
ejge-4308	525	3	netherlands	netherland	NOUN
ejge-4308	525	4	58,17	58,17	NOUN
ejge-4308	525	5	%	%	NOUN
ejge-4308	525	6	122,26	122,26	NUM
ejge-4308	525	7	%	%	NOUN
ejge-4308	525	8	180,44	180,44	NUM
ejge-4308	525	9	%	%	NOUN
ejge-4308	526	1	3,78	3,78	NUM
ejge-4308	526	2	%	%	NOUN
ejge-4308	526	3	2,11	2,11	NUM
ejge-4308	526	4	%	%	NOUN
ejge-4308	526	5	norway	norway	NOUN
ejge-4308	526	6	36,62	36,62	NUM
ejge-4308	526	7	%	%	NOUN
ejge-4308	526	8	143,06	143,06	NUM
ejge-4308	526	9	%	%	NOUN
ejge-4308	526	10	181,38	181,38	NUM
ejge-4308	526	11	%	%	NOUN
ejge-4308	526	12	2,01	2,01	NUM
ejge-4308	526	13	%	%	NOUN
ejge-4308	526	14	2,61	2,61	NUM
ejge-4308	526	15	%	%	NOUN
ejge-4308	526	16	poland	poland	PROPN
ejge-4308	526	17	51,53	51,53	NUM
ejge-4308	526	18	%	%	NOUN
ejge-4308	526	19	46,08	46,08	NUM
ejge-4308	526	20	%	%	NOUN
ejge-4308	526	21	94,65	94,65	NUM
ejge-4308	526	22	%	%	NOUN
ejge-4308	526	23	1,85	1,85	NUM
ejge-4308	526	24	%	%	NOUN
ejge-4308	526	25	3,77	3,77	NUM
ejge-4308	526	26	%	%	NOUN
ejge-4308	526	27	portugal	portugal	PROPN
ejge-4308	526	28	45,00	45,00	NUM
ejge-4308	526	29	%	%	NOUN
ejge-4308	526	30	137,92	137,92	NUM
ejge-4308	526	31	%	%	NOUN
ejge-4308	526	32	182,92	182,92	NUM
ejge-4308	526	33	%	%	NOUN
ejge-4308	526	34	5,87	5,87	NUM
ejge-4308	526	35	%	%	NOUN
ejge-4308	526	36	3,08	3,08	NUM
ejge-4308	526	37	%	%	NOUN
ejge-4308	526	38	spain	spain	PROPN
ejge-4308	526	39	36,18	36,18	NUM
ejge-4308	526	40	%	%	NOUN
ejge-4308	526	41	124,02	124,02	NUM
ejge-4308	526	42	%	%	NOUN
ejge-4308	526	43	164,03	164,03	NUM
ejge-4308	526	44	%	%	NOUN
ejge-4308	526	45	4,82	4,82	NOUN
ejge-4308	526	46	%	%	NOUN
ejge-4308	526	47	2,74	2,74	NUM
ejge-4308	526	48	%	%	NOUN
ejge-4308	526	49	sweden	sweden	NOUN
ejge-4308	526	50	48,24	48,24	NUM
ejge-4308	526	51	%	%	NOUN
ejge-4308	527	1	148,32	148,32	NUM
ejge-4308	527	2	%	%	NOUN
ejge-4308	527	3	197,14	197,14	NUM
ejge-4308	527	4	%	%	NOUN
ejge-4308	527	5	3,53	3,53	NUM
ejge-4308	527	6	%	%	NOUN
ejge-4308	527	7	2,13	2,13	NUM
ejge-4308	527	8	%	%	NOUN
ejge-4308	527	9	switzerland	switzerland	PROPN
ejge-4308	527	10	45,51	45,51	PROPN
ejge-4308	527	11	%	%	NOUN
ejge-4308	527	12	156,64	156,64	NUM
ejge-4308	527	13	%	%	NOUN
ejge-4308	527	14	207,46	207,46	NUM
ejge-4308	527	15	%	%	NOUN
ejge-4308	527	16	2,13	2,13	NUM
ejge-4308	527	17	%	%	NOUN
ejge-4308	528	1	1,41	1,41	NUM
ejge-4308	528	2	%	%	NOUN
ejge-4308	528	3	turkey	turkey	NOUN
ejge-4308	528	4	36,78	36,78	NUM
ejge-4308	529	1	%	%	NOUN
ejge-4308	529	2	26,85	26,85	NUM
ejge-4308	529	3	%	%	NOUN
ejge-4308	529	4	70,08	70,08	NUM
ejge-4308	529	5	%	%	NOUN
ejge-4308	529	6	1,53	1,53	NUM
ejge-4308	529	7	%	%	NOUN
ejge-4308	529	8	4,27	4,27	NUM
ejge-4308	529	9	%	%	NOUN
ejge-4308	529	10	united	united	PROPN
ejge-4308	529	11	kingdom	kingdom	PROPN
ejge-4308	529	12	60,39	60,39	PROPN
ejge-4308	529	13	%	%	NOUN
ejge-4308	529	14	111,60	111,60	NUM
ejge-4308	529	15	%	%	NOUN
ejge-4308	529	16	169,91	169,91	NUM
ejge-4308	529	17	%	%	NOUN
ejge-4308	529	18	2,39	2,39	NOUN
ejge-4308	529	19	%	%	NOUN
ejge-4308	529	20	2,01	2,01	NUM
ejge-4308	529	21	%	%	NOUN
ejge-4308	529	22	united	united	PROPN
ejge-4308	529	23	states	states	PROPN
ejge-4308	529	24	55,25	55,25	NUM
ejge-4308	529	25	%	%	NOUN
ejge-4308	529	26	116,43	116,43	NUM
ejge-4308	529	27	%	%	NOUN
ejge-4308	529	28	172,02	172,02	NUM
ejge-4308	529	29	%	%	NOUN
ejge-4308	529	30	2,41	2,41	NUM
ejge-4308	529	31	%	%	NOUN
ejge-4308	529	32	2,06	2,06	NUM
ejge-4308	529	33	%	%	NOUN
ejge-4308	529	34	average	average	ADJ
ejge-4308	529	35	48,61	48,61	NOUN
ejge-4308	529	36	%	%	NOUN
ejge-4308	529	37	116,51	116,51	NUM
ejge-4308	529	38	%	%	NOUN
ejge-4308	529	39	168,17	168,17	NUM
ejge-4308	529	40	%	%	NOUN
ejge-4308	529	41	3,65	3,65	NUM
ejge-4308	529	42	%	%	NOUN
ejge-4308	529	43	2,48	2,48	NUM
ejge-4308	529	44	%	%	NOUN
ejge-4308	529	45	european	european	PROPN
ejge-4308	529	46	journal	journal	PROPN
ejge-4308	529	47	of	of	ADP
ejge-4308	529	48	government	government	NOUN
ejge-4308	529	49	and	and	CCONJ
ejge-4308	529	50	economics	economic	NOUN
ejge-4308	529	51	4(2	4(2	NUM
ejge-4308	529	52	)	)	PUNCT
ejge-4308	529	53	101	101	NUM
ejge-4308	529	54	database	database	NOUN
ejge-4308	529	55	coverage	coverage	NOUN
ejge-4308	529	56	country	country	NOUN
ejge-4308	529	57	public	public	ADJ
ejge-4308	529	58	debt	debt	NOUN
ejge-4308	529	59	to	to	ADP
ejge-4308	529	60	gdp	gdp	NOUN
ejge-4308	529	61	private	private	ADJ
ejge-4308	529	62	debt	debt	NOUN
ejge-4308	529	63	to	to	ADP
ejge-4308	529	64	gdp	gdp	NOUN
ejge-4308	529	65	total	total	ADJ
ejge-4308	529	66	debt	debt	NOUN
ejge-4308	529	67	to	to	ADP
ejge-4308	529	68	gdp	gdp	NOUN
ejge-4308	529	69	real	real	ADJ
ejge-4308	529	70	gdp	gdp	NOUN
ejge-4308	529	71	per	per	ADP
ejge-4308	529	72	capita	capita	X
ejge-4308	529	73	growth	growth	NOUN
ejge-4308	529	74	australia	australia	PROPN
ejge-4308	529	75	1961	1961	NUM
ejge-4308	529	76	-	-	SYM
ejge-4308	529	77	20121	20121	NUM
ejge-4308	529	78	1961	1961	NUM
ejge-4308	529	79	-	-	SYM
ejge-4308	529	80	2012	2012	NUM
ejge-4308	529	81	1961	1961	NUM
ejge-4308	529	82	-	-	SYM
ejge-4308	529	83	20121	20121	NUM
ejge-4308	529	84	1961	1961	NUM
ejge-4308	529	85	-	-	SYM
ejge-4308	529	86	2012	2012	NUM
ejge-4308	529	87	austria	austria	NOUN
ejge-4308	529	88	1961	1961	NUM
ejge-4308	529	89	-	-	SYM
ejge-4308	529	90	20121	20121	NUM
ejge-4308	529	91	1961	1961	NUM
ejge-4308	529	92	-	-	SYM
ejge-4308	529	93	2012	2012	NUM
ejge-4308	529	94	1961	1961	NUM
ejge-4308	529	95	-	-	SYM
ejge-4308	529	96	20121	20121	NUM
ejge-4308	529	97	1961	1961	NUM
ejge-4308	529	98	-	-	SYM
ejge-4308	529	99	2012	2012	NUM
ejge-4308	529	100	belgium	belgium	NOUN
ejge-4308	529	101	1961	1961	NUM
ejge-4308	529	102	-	-	SYM
ejge-4308	529	103	20122	20122	NUM
ejge-4308	529	104	1970	1970	NUM
ejge-4308	529	105	-	-	SYM
ejge-4308	529	106	2012	2012	NUM
ejge-4308	529	107	1970	1970	NUM
ejge-4308	529	108	-	-	SYM
ejge-4308	529	109	20122	20122	NUM
ejge-4308	529	110	1961	1961	NUM
ejge-4308	529	111	-	-	SYM
ejge-4308	529	112	2012	2012	NUM
ejge-4308	529	113	canada	canada	PROPN
ejge-4308	529	114	1961	1961	NUM
ejge-4308	529	115	-	-	SYM
ejge-4308	529	116	2012	2012	NUM
ejge-4308	529	117	1961	1961	NUM
ejge-4308	529	118	-	-	SYM
ejge-4308	529	119	2012	2012	NUM
ejge-4308	529	120	1961	1961	NUM
ejge-4308	529	121	-	-	SYM
ejge-4308	529	122	2012	2012	NUM
ejge-4308	529	123	1961	1961	NUM
ejge-4308	529	124	-	-	SYM
ejge-4308	529	125	2012	2012	NUM
ejge-4308	529	126	czech	czech	PROPN
ejge-4308	529	127	republic	republic	NOUN
ejge-4308	529	128	1993	1993	NUM
ejge-4308	529	129	-	-	SYM
ejge-4308	529	130	2012	2012	NUM
ejge-4308	529	131	1993	1993	NUM
ejge-4308	529	132	-	-	SYM
ejge-4308	529	133	2012	2012	NUM
ejge-4308	529	134	1993	1993	NUM
ejge-4308	529	135	-	-	SYM
ejge-4308	529	136	2012	2012	NUM
ejge-4308	529	137	1991	1991	NUM
ejge-4308	529	138	-	-	SYM
ejge-4308	529	139	2012	2012	NUM
ejge-4308	529	140	denmark	denmark	NOUN
ejge-4308	529	141	1961	1961	NUM
ejge-4308	529	142	-	-	SYM
ejge-4308	529	143	20123	20123	NUM
ejge-4308	529	144	1961	1961	NUM
ejge-4308	529	145	-	-	SYM
ejge-4308	529	146	2012	2012	NUM
ejge-4308	529	147	1961	1961	NUM
ejge-4308	529	148	-	-	SYM
ejge-4308	529	149	20123	20123	NUM
ejge-4308	529	150	1961	1961	NUM
ejge-4308	529	151	-	-	SYM
ejge-4308	529	152	2012	2012	NUM
ejge-4308	529	153	finland	finland	NOUN
ejge-4308	529	154	1961	1961	NUM
ejge-4308	529	155	-	-	SYM
ejge-4308	529	156	20124	20124	NUM
ejge-4308	529	157	1970	1970	NUM
ejge-4308	529	158	-	-	SYM
ejge-4308	529	159	2012	2012	NUM
ejge-4308	529	160	1970	1970	NUM
ejge-4308	529	161	-	-	SYM
ejge-4308	529	162	20124	20124	NUM
ejge-4308	529	163	1961	1961	NUM
ejge-4308	529	164	-	-	SYM
ejge-4308	529	165	2012	2012	NUM
ejge-4308	529	166	france	france	PROPN
ejge-4308	529	167	1961	1961	NUM
ejge-4308	529	168	-	-	SYM
ejge-4308	529	169	20125	20125	NUM
ejge-4308	529	170	1970	1970	NUM
ejge-4308	529	171	-	-	SYM
ejge-4308	529	172	2012	2012	NUM
ejge-4308	529	173	1970	1970	NUM
ejge-4308	529	174	-	-	SYM
ejge-4308	529	175	20125	20125	NUM
ejge-4308	529	176	1961	1961	NUM
ejge-4308	529	177	-	-	SYM
ejge-4308	529	178	2012	2012	NUM
ejge-4308	529	179	germany	germany	PROPN
ejge-4308	529	180	1961	1961	NUM
ejge-4308	529	181	-	-	SYM
ejge-4308	529	182	20126	20126	NUM
ejge-4308	529	183	1961	1961	NUM
ejge-4308	529	184	-	-	SYM
ejge-4308	529	185	2012	2012	NUM
ejge-4308	529	186	1961	1961	NUM
ejge-4308	529	187	-	-	SYM
ejge-4308	529	188	20126	20126	NUM
ejge-4308	529	189	1961	1961	NUM
ejge-4308	529	190	-	-	SYM
ejge-4308	529	191	2012	2012	NUM
ejge-4308	529	192	greece	greece	PROPN
ejge-4308	529	193	1961	1961	NUM
ejge-4308	529	194	-	-	SYM
ejge-4308	529	195	20127	20127	NUM
ejge-4308	529	196	1961	1961	NUM
ejge-4308	529	197	-	-	SYM
ejge-4308	529	198	2012	2012	NUM
ejge-4308	529	199	1961	1961	NUM
ejge-4308	529	200	-	-	SYM
ejge-4308	529	201	20127	20127	NUM
ejge-4308	529	202	1961	1961	NUM
ejge-4308	529	203	-	-	SYM
ejge-4308	529	204	2012	2012	NUM
ejge-4308	529	205	hungary	hungary	PROPN
ejge-4308	529	206	1982	1982	NUM
ejge-4308	529	207	-	-	SYM
ejge-4308	529	208	20128	20128	NUM
ejge-4308	529	209	1989	1989	NUM
ejge-4308	529	210	-	-	SYM
ejge-4308	529	211	2012	2012	NUM
ejge-4308	529	212	1989	1989	NUM
ejge-4308	529	213	-	-	SYM
ejge-4308	529	214	20128	20128	NUM
ejge-4308	529	215	1992	1992	NUM
ejge-4308	529	216	-	-	SYM
ejge-4308	529	217	2012	2012	NUM
ejge-4308	529	218	ireland	ireland	NOUN
ejge-4308	529	219	1961	1961	NUM
ejge-4308	529	220	-	-	SYM
ejge-4308	529	221	2012	2012	NUM
ejge-4308	529	222	1971	1971	NUM
ejge-4308	529	223	-	-	SYM
ejge-4308	529	224	2012	2012	NUM
ejge-4308	529	225	1971	1971	NUM
ejge-4308	529	226	-	-	SYM
ejge-4308	529	227	2012	2012	NUM
ejge-4308	529	228	1961	1961	NUM
ejge-4308	529	229	-	-	SYM
ejge-4308	529	230	2012	2012	NUM
ejge-4308	529	231	italy	italy	PROPN
ejge-4308	529	232	1961	1961	NUM
ejge-4308	529	233	-	-	SYM
ejge-4308	529	234	2012	2012	NUM
ejge-4308	529	235	1961	1961	NUM
ejge-4308	529	236	-	-	SYM
ejge-4308	529	237	2012	2012	NUM
ejge-4308	529	238	1961	1961	NUM
ejge-4308	529	239	-	-	SYM
ejge-4308	529	240	2012	2012	NUM
ejge-4308	529	241	1961	1961	NUM
ejge-4308	529	242	-	-	SYM
ejge-4308	529	243	2012	2012	NUM
ejge-4308	529	244	japan	japan	PROPN
ejge-4308	529	245	1961	1961	NUM
ejge-4308	529	246	-	-	SYM
ejge-4308	529	247	2012	2012	NUM
ejge-4308	529	248	1964	1964	NUM
ejge-4308	529	249	-	-	SYM
ejge-4308	529	250	2012	2012	NUM
ejge-4308	529	251	1964	1964	NUM
ejge-4308	529	252	-	-	SYM
ejge-4308	529	253	2012	2012	NUM
ejge-4308	529	254	1961	1961	NUM
ejge-4308	529	255	-	-	SYM
ejge-4308	529	256	2012	2012	NUM
ejge-4308	529	257	luxembourg	luxembourg	PROPN
ejge-4308	529	258	1974	1974	NUM
ejge-4308	529	259	-	-	SYM
ejge-4308	529	260	20129	20129	NUM
ejge-4308	529	261	2003	2003	NUM
ejge-4308	529	262	-	-	SYM
ejge-4308	529	263	2012	2012	NUM
ejge-4308	529	264	2003	2003	NUM
ejge-4308	529	265	-	-	SYM
ejge-4308	529	266	2012	2012	NUM
ejge-4308	529	267	1961	1961	NUM
ejge-4308	529	268	-	-	SYM
ejge-4308	529	269	2012	2012	NUM
ejge-4308	529	270	mexico	mexico	NOUN
ejge-4308	529	271	1961	1961	NUM
ejge-4308	529	272	-	-	PUNCT
ejge-4308	529	273	201210	201210	NUM
ejge-4308	529	274	1980	1980	NUM
ejge-4308	529	275	-	-	SYM
ejge-4308	529	276	2012	2012	NUM
ejge-4308	529	277	1980	1980	NUM
ejge-4308	529	278	-	-	SYM
ejge-4308	529	279	201211	201211	NUM
ejge-4308	529	280	1961	1961	NUM
ejge-4308	529	281	-	-	SYM
ejge-4308	529	282	2012	2012	NUM
ejge-4308	529	283	netherlands	netherlands	PROPN
ejge-4308	529	284	1961	1961	NUM
ejge-4308	529	285	-	-	SYM
ejge-4308	529	286	2012	2012	NUM
ejge-4308	529	287	1961	1961	NUM
ejge-4308	529	288	-	-	SYM
ejge-4308	529	289	2012	2012	NUM
ejge-4308	529	290	1961	1961	NUM
ejge-4308	529	291	-	-	SYM
ejge-4308	529	292	2012	2012	NUM
ejge-4308	529	293	1961	1961	NUM
ejge-4308	529	294	-	-	SYM
ejge-4308	529	295	2012	2012	NUM
ejge-4308	529	296	norway	norway	NOUN
ejge-4308	529	297	1961	1961	NUM
ejge-4308	529	298	-	-	SYM
ejge-4308	529	299	201212	201212	NUM
ejge-4308	529	300	1961	1961	NUM
ejge-4308	529	301	-	-	SYM
ejge-4308	529	302	2012	2012	NUM
ejge-4308	529	303	1961	1961	NUM
ejge-4308	529	304	-	-	SYM
ejge-4308	529	305	201212	201212	NUM
ejge-4308	529	306	1961	1961	NUM
ejge-4308	529	307	-	-	SYM
ejge-4308	529	308	2012	2012	NUM
ejge-4308	529	309	poland	poland	PROPN
ejge-4308	529	310	1986	1986	NUM
ejge-4308	529	311	-	-	SYM
ejge-4308	529	312	2012	2012	NUM
ejge-4308	529	313	1992	1992	NUM
ejge-4308	529	314	-	-	SYM
ejge-4308	529	315	2012	2012	NUM
ejge-4308	529	316	1992	1992	NUM
ejge-4308	529	317	-	-	SYM
ejge-4308	529	318	2012	2012	NUM
ejge-4308	529	319	1991	1991	NUM
ejge-4308	529	320	-	-	SYM
ejge-4308	529	321	2012	2012	NUM
ejge-4308	529	322	portugal	portugal	PROPN
ejge-4308	529	323	1961	1961	NUM
ejge-4308	529	324	-	-	SYM
ejge-4308	529	325	2012	2012	NUM
ejge-4308	529	326	1961	1961	NUM
ejge-4308	529	327	-	-	SYM
ejge-4308	529	328	2012	2012	NUM
ejge-4308	529	329	1961	1961	NUM
ejge-4308	529	330	-	-	SYM
ejge-4308	529	331	2012	2012	NUM
ejge-4308	529	332	1961	1961	NUM
ejge-4308	529	333	-	-	SYM
ejge-4308	529	334	2012	2012	NUM
ejge-4308	529	335	spain	spain	PROPN
ejge-4308	529	336	1961	1961	NUM
ejge-4308	529	337	-	-	SYM
ejge-4308	529	338	201213	201213	NUM
ejge-4308	529	339	1970	1970	NUM
ejge-4308	529	340	-	-	SYM
ejge-4308	529	341	2012	2012	NUM
ejge-4308	529	342	1970	1970	NUM
ejge-4308	529	343	-	-	SYM
ejge-4308	529	344	2012	2012	NUM
ejge-4308	529	345	1961	1961	NUM
ejge-4308	529	346	-	-	SYM
ejge-4308	529	347	2012	2012	NUM
ejge-4308	529	348	sweden	sweden	NOUN
ejge-4308	529	349	1961	1961	NUM
ejge-4308	529	350	-	-	SYM
ejge-4308	529	351	201214	201214	NUM
ejge-4308	529	352	1961	1961	NUM
ejge-4308	529	353	-	-	SYM
ejge-4308	529	354	2012	2012	NUM
ejge-4308	529	355	1961	1961	NUM
ejge-4308	529	356	-	-	SYM
ejge-4308	529	357	201214	201214	NUM
ejge-4308	529	358	1961	1961	NUM
ejge-4308	529	359	-	-	SYM
ejge-4308	529	360	2012	2012	NUM
ejge-4308	529	361	switzerland	switzerland	NOUN
ejge-4308	529	362	1961	1961	NUM
ejge-4308	529	363	-	-	SYM
ejge-4308	529	364	201215	201215	NUM
ejge-4308	529	365	1961	1961	NUM
ejge-4308	529	366	-	-	SYM
ejge-4308	529	367	2012	2012	NUM
ejge-4308	529	368	1961	1961	NUM
ejge-4308	529	369	-	-	SYM
ejge-4308	529	370	201215	201215	NUM
ejge-4308	529	371	1961	1961	NUM
ejge-4308	529	372	-	-	SYM
ejge-4308	529	373	2012	2012	NUM
ejge-4308	529	374	turkey	turkey	NOUN
ejge-4308	529	375	1961	1961	NUM
ejge-4308	529	376	-	-	SYM
ejge-4308	529	377	2012	2012	NUM
ejge-4308	529	378	1986	1986	NUM
ejge-4308	529	379	-	-	SYM
ejge-4308	529	380	2012	2012	NUM
ejge-4308	529	381	1986	1986	NUM
ejge-4308	529	382	-	-	SYM
ejge-4308	529	383	2012	2012	NUM
ejge-4308	529	384	1961	1961	NUM
ejge-4308	529	385	-	-	SYM
ejge-4308	529	386	2012	2012	NUM
ejge-4308	529	387	united	united	ADJ
ejge-4308	529	388	kingdom	kingdom	PROPN
ejge-4308	529	389	1963	1963	NUM
ejge-4308	529	390	-	-	SYM
ejge-4308	529	391	2012	2012	NUM
ejge-4308	529	392	1961	1961	NUM
ejge-4308	529	393	-	-	SYM
ejge-4308	529	394	2012	2012	NUM
ejge-4308	529	395	1963	1963	NUM
ejge-4308	529	396	-	-	SYM
ejge-4308	529	397	2012	2012	NUM
ejge-4308	529	398	1961	1961	NUM
ejge-4308	529	399	-	-	SYM
ejge-4308	529	400	2012	2012	NUM
ejge-4308	529	401	united	united	PROPN
ejge-4308	529	402	states	states	PROPN
ejge-4308	529	403	1961	1961	NUM
ejge-4308	529	404	-	-	SYM
ejge-4308	529	405	2012	2012	NUM
ejge-4308	529	406	1961	1961	NUM
ejge-4308	529	407	-	-	SYM
ejge-4308	529	408	2012	2012	NUM
ejge-4308	529	409	1961	1961	NUM
ejge-4308	529	410	-	-	SYM
ejge-4308	529	411	2012	2012	NUM
ejge-4308	529	412	1961	1961	NUM
ejge-4308	529	413	-	-	SYM
ejge-4308	529	414	2012	2012	NUM
ejge-4308	529	415	1missing	1missing	NUM
ejge-4308	529	416	data	datum	NOUN
ejge-4308	529	417	for	for	ADP
ejge-4308	529	418	1965	1965	NUM
ejge-4308	529	419	.	.	PUNCT
ejge-4308	530	1	2missing	2missing	NUM
ejge-4308	530	2	data	datum	NOUN
ejge-4308	530	3	for	for	ADP
ejge-4308	530	4	1965	1965	NUM
ejge-4308	530	5	,	,	PUNCT
ejge-4308	530	6	1980	1980	NUM
ejge-4308	530	7	,	,	PUNCT
ejge-4308	530	8	1981	1981	NUM
ejge-4308	530	9	and	and	CCONJ
ejge-4308	530	10	1989	1989	NUM
ejge-4308	530	11	.	.	PUNCT
ejge-4308	531	1	3missing	3missing	NUM
ejge-4308	531	2	data	datum	NOUN
ejge-4308	531	3	for	for	ADP
ejge-4308	531	4	1997	1997	NUM
ejge-4308	531	5	.	.	PUNCT
ejge-4308	532	1	4missing	4missing	NUM
ejge-4308	532	2	data	datum	NOUN
ejge-4308	532	3	for	for	ADP
ejge-4308	532	4	1964	1964	NUM
ejge-4308	532	5	-	-	SYM
ejge-4308	532	6	1966	1966	NUM
ejge-4308	532	7	,	,	PUNCT
ejge-4308	532	8	1979	1979	NUM
ejge-4308	532	9	and	and	CCONJ
ejge-4308	532	10	1980	1980	NUM
ejge-4308	532	11	.	.	PUNCT
ejge-4308	533	1	5missing	5missing	NUM
ejge-4308	533	2	data	datum	NOUN
ejge-4308	533	3	for	for	ADP
ejge-4308	533	4	1978	1978	NUM
ejge-4308	533	5	and	and	CCONJ
ejge-4308	533	6	1979	1979	NUM
ejge-4308	533	7	.	.	PUNCT
ejge-4308	534	1	6missing	6misse	VERB
ejge-4308	534	2	data	datum	NOUN
ejge-4308	534	3	for	for	ADP
ejge-4308	534	4	1976	1976	NUM
ejge-4308	534	5	.	.	PUNCT
ejge-4308	535	1	7missing	7misse	VERB
ejge-4308	535	2	data	datum	NOUN
ejge-4308	535	3	for	for	ADP
ejge-4308	535	4	1976	1976	NUM
ejge-4308	535	5	-	-	SYM
ejge-4308	535	6	1978	1978	NUM
ejge-4308	535	7	.	.	PUNCT
ejge-4308	536	1	8missing	8missing	NUM
ejge-4308	536	2	data	datum	NOUN
ejge-4308	536	3	for	for	ADP
ejge-4308	536	4	1993	1993	NUM
ejge-4308	536	5	and	and	CCONJ
ejge-4308	536	6	1994	1994	NUM
ejge-4308	536	7	.	.	PUNCT
ejge-4308	537	1	9missing	9missing	NUM
ejge-4308	537	2	data	datum	NOUN
ejge-4308	537	3	for	for	ADP
ejge-4308	537	4	1990	1990	NUM
ejge-4308	537	5	.	.	PUNCT
ejge-4308	538	1	10missing	10missing	NUM
ejge-4308	538	2	data	datum	NOUN
ejge-4308	538	3	for	for	ADP
ejge-4308	538	4	19621964	19621964	NUM
ejge-4308	538	5	,	,	PUNCT
ejge-4308	538	6	1969	1969	NUM
ejge-4308	538	7	and	and	CCONJ
ejge-4308	538	8	1981	1981	NUM
ejge-4308	538	9	.	.	PUNCT
ejge-4308	539	1	11missing	11missing	NUM
ejge-4308	539	2	data	datum	NOUN
ejge-4308	539	3	for	for	ADP
ejge-4308	539	4	1981	1981	NUM
ejge-4308	539	5	.	.	PUNCT
ejge-4308	540	1	12missing	12missing	NUM
ejge-4308	540	2	data	datum	NOUN
ejge-4308	540	3	for	for	ADP
ejge-4308	540	4	1966	1966	NUM
ejge-4308	540	5	,	,	PUNCT
ejge-4308	540	6	1981	1981	NUM
ejge-4308	540	7	and	and	CCONJ
ejge-4308	540	8	1982	1982	NUM
ejge-4308	540	9	.	.	PUNCT
ejge-4308	541	1	13missing	13misse	VERB
ejge-4308	541	2	data	datum	NOUN
ejge-4308	541	3	for	for	ADP
ejge-4308	541	4	1963	1963	NUM
ejge-4308	541	5	and	and	CCONJ
ejge-4308	541	6	1964	1964	NUM
ejge-4308	541	7	.	.	PUNCT
ejge-4308	542	1	14missing	14missing	NUM
ejge-4308	542	2	data	datum	NOUN
ejge-4308	542	3	for	for	ADP
ejge-4308	542	4	1965	1965	NUM
ejge-4308	542	5	,	,	PUNCT
ejge-4308	542	6	1966	1966	NUM
ejge-4308	542	7	and	and	CCONJ
ejge-4308	542	8	2003	2003	NUM
ejge-4308	542	9	15missing	15misse	VERB
ejge-4308	542	10	data	datum	NOUN
ejge-4308	542	11	for	for	ADP
ejge-4308	542	12	1964	1964	NUM
ejge-4308	542	13	-	-	SYM
ejge-4308	542	14	1969	1969	NUM
ejge-4308	542	15	vanlaer	vanlaer	NOUN
ejge-4308	542	16	,	,	PUNCT
ejge-4308	542	17	marneffe	marneffe	PROPN
ejge-4308	542	18	,	,	PUNCT
ejge-4308	542	19	vereeck	vereeck	PROPN
ejge-4308	542	20	,	,	PUNCT
ejge-4308	542	21	van	van	PROPN
ejge-4308	542	22	overtveldt	overtveldt	PROPN
ejge-4308	542	23	●	●	X
ejge-4308	542	24	does	do	AUX
ejge-4308	542	25	debt	debt	NOUN
ejge-4308	542	26	predict	predict	VERB
ejge-4308	542	27	growth	growth	NOUN
ejge-4308	542	28	?	?	PUNCT
ejge-4308	543	1	102	102	NUM
ejge-4308	543	2	growth	growth	NOUN
ejge-4308	543	3	performance	performance	NOUN
ejge-4308	543	4	over	over	ADP
ejge-4308	543	5	1	1	NUM
ejge-4308	543	6	year	year	NOUN
ejge-4308	543	7	with	with	ADP
ejge-4308	543	8	debt	debt	NOUN
ejge-4308	543	9	accumulation	accumulation	NOUN
ejge-4308	543	10	over	over	ADP
ejge-4308	543	11	1	1	NUM
ejge-4308	543	12	-	-	SYM
ejge-4308	543	13	15	15	NUM
ejge-4308	543	14	year	year	NOUN
ejge-4308	543	15	(	(	PUNCT
ejge-4308	543	16	h=1	h=1	NOUN
ejge-4308	543	17	and	and	CCONJ
ejge-4308	543	18	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	543	19	)	)	PUNCT
ejge-4308	543	20	–	–	PUNCT
ejge-4308	543	21	outliers	outlier	NOUN
ejge-4308	543	22	removed	remove	VERB
ejge-4308	543	23	growth	growth	NOUN
ejge-4308	543	24	performance	performance	NOUN
ejge-4308	543	25	over	over	ADP
ejge-4308	543	26	5	5	NUM
ejge-4308	543	27	year	year	NOUN
ejge-4308	543	28	with	with	ADP
ejge-4308	543	29	debt	debt	NOUN
ejge-4308	543	30	accumulation	accumulation	NOUN
ejge-4308	543	31	over	over	ADP
ejge-4308	543	32	1	1	NUM
ejge-4308	543	33	-	-	SYM
ejge-4308	543	34	15	15	NUM
ejge-4308	543	35	year	year	NOUN
ejge-4308	543	36	(	(	PUNCT
ejge-4308	543	37	h=5	h=5	PROPN
ejge-4308	543	38	and	and	CCONJ
ejge-4308	543	39	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	543	40	)	)	PUNCT
ejge-4308	543	41	–	–	PUNCT
ejge-4308	543	42	outliers	outlier	NOUN
ejge-4308	543	43	removed	remove	VERB
ejge-4308	543	44	growth	growth	NOUN
ejge-4308	543	45	performance	performance	NOUN
ejge-4308	543	46	over	over	ADP
ejge-4308	543	47	10	10	NUM
ejge-4308	543	48	year	year	NOUN
ejge-4308	543	49	with	with	ADP
ejge-4308	543	50	debt	debt	NOUN
ejge-4308	543	51	accumulation	accumulation	NOUN
ejge-4308	543	52	over	over	ADP
ejge-4308	543	53	1	1	NUM
ejge-4308	543	54	-	-	SYM
ejge-4308	543	55	15	15	NUM
ejge-4308	543	56	year	year	NOUN
ejge-4308	543	57	(	(	PUNCT
ejge-4308	543	58	h=10	h=10	NOUN
ejge-4308	543	59	and	and	CCONJ
ejge-4308	543	60	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	543	61	)	)	PUNCT
ejge-4308	543	62	growth	growth	NOUN
ejge-4308	543	63	performance	performance	NOUN
ejge-4308	543	64	over	over	ADP
ejge-4308	543	65	10	10	NUM
ejge-4308	543	66	year	year	NOUN
ejge-4308	543	67	with	with	ADP
ejge-4308	543	68	debt	debt	NOUN
ejge-4308	543	69	accumulation	accumulation	NOUN
ejge-4308	543	70	over	over	ADP
ejge-4308	543	71	1	1	NUM
ejge-4308	543	72	-	-	SYM
ejge-4308	543	73	15	15	NUM
ejge-4308	543	74	year	year	NOUN
ejge-4308	543	75	(	(	PUNCT
ejge-4308	543	76	h=10	h=10	NOUN
ejge-4308	543	77	and	and	CCONJ
ejge-4308	543	78	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	543	79	)	)	PUNCT
ejge-4308	543	80	–	–	PUNCT
ejge-4308	543	81	outliers	outlier	NOUN
ejge-4308	543	82	removed	remove	VERB
ejge-4308	543	83	-1	-1	PUNCT
ejge-4308	543	84	0	0	PUNCT
ejge-4308	544	1	-5	-5	PUNCT
ejge-4308	544	2	0	0	NUM
ejge-4308	545	1	5	5	NUM
ejge-4308	545	2	1	1	NUM
ejge-4308	545	3	0	0	NUM
ejge-4308	545	4	r	r	NOUN
ejge-4308	545	5	e	e	NOUN
ejge-4308	545	6	a	a	DET
ejge-4308	545	7	l	l	NOUN
ejge-4308	545	8	g	g	NOUN
ejge-4308	545	9	d	d	X
ejge-4308	545	10	p	p	X
ejge-4308	545	11	p	p	X
ejge-4308	545	12	e	e	NOUN
ejge-4308	545	13	r	r	NOUN
ejge-4308	545	14	ca	ca	NOUN
ejge-4308	545	15	p	p	NOUN
ejge-4308	545	16	ita	ita	PROPN
ejge-4308	545	17	g	g	PROPN
ejge-4308	545	18	ro	ro	PROPN
ejge-4308	545	19	w	w	X
ejge-4308	545	20	th	th	X
ejge-4308	545	21	r	r	NOUN
ejge-4308	545	22	a	a	DET
ejge-4308	545	23	te	te	PROPN
ejge-4308	545	24	(	(	PUNCT
ejge-4308	545	25	%	%	NOUN
ejge-4308	545	26	)	)	PUNCT
ejge-4308	545	27	-20	-20	PUNCT
ejge-4308	545	28	-10	-10	PUNCT
ejge-4308	546	1	0	0	NUM
ejge-4308	546	2	10	10	NUM
ejge-4308	546	3	20	20	NUM
ejge-4308	546	4	30	30	NUM
ejge-4308	546	5	change	change	NOUN
ejge-4308	546	6	in	in	ADP
ejge-4308	546	7	total	total	ADJ
ejge-4308	546	8	debt	debt	NOUN
ejge-4308	546	9	to	to	ADP
ejge-4308	546	10	gdp	gdp	NOUN
ejge-4308	546	11	(	(	PUNCT
ejge-4308	546	12	%	%	INTJ
ejge-4308	546	13	)	)	PUNCT
ejge-4308	546	14	accumulated	accumulate	VERB
ejge-4308	546	15	over	over	ADP
ejge-4308	546	16	1	1	NUM
ejge-4308	546	17	year	year	NOUN
ejge-4308	546	18	-1	-1	NOUN
ejge-4308	546	19	0	0	NUM
ejge-4308	547	1	-5	-5	PUNCT
ejge-4308	547	2	0	0	NUM
ejge-4308	547	3	5	5	NUM
ejge-4308	547	4	1	1	NUM
ejge-4308	547	5	0	0	NUM
ejge-4308	547	6	r	r	NOUN
ejge-4308	547	7	e	e	NOUN
ejge-4308	547	8	a	a	DET
ejge-4308	547	9	l	l	NOUN
ejge-4308	547	10	g	g	NOUN
ejge-4308	548	1	d	d	X
ejge-4308	548	2	p	p	X
ejge-4308	548	3	p	p	X
ejge-4308	548	4	e	e	NOUN
ejge-4308	548	5	r	r	NOUN
ejge-4308	548	6	ca	ca	NOUN
ejge-4308	548	7	p	p	NOUN
ejge-4308	548	8	ita	ita	PROPN
ejge-4308	548	9	g	g	PROPN
ejge-4308	548	10	ro	ro	PROPN
ejge-4308	548	11	w	w	X
ejge-4308	548	12	th	th	X
ejge-4308	548	13	r	r	NOUN
ejge-4308	548	14	a	a	DET
ejge-4308	548	15	te	te	PROPN
ejge-4308	548	16	(	(	PUNCT
ejge-4308	548	17	%	%	NOUN
ejge-4308	548	18	)	)	PUNCT
ejge-4308	548	19	-25	-25	PUNCT
ejge-4308	548	20	0	0	NUM
ejge-4308	548	21	25	25	NUM
ejge-4308	548	22	50	50	NUM
ejge-4308	548	23	75	75	NUM
ejge-4308	548	24	change	change	NOUN
ejge-4308	548	25	in	in	ADP
ejge-4308	548	26	total	total	ADJ
ejge-4308	548	27	debt	debt	NOUN
ejge-4308	548	28	to	to	ADP
ejge-4308	548	29	gdp	gdp	NOUN
ejge-4308	548	30	(	(	PUNCT
ejge-4308	548	31	%	%	INTJ
ejge-4308	548	32	)	)	PUNCT
ejge-4308	548	33	accumulated	accumulate	VERB
ejge-4308	548	34	over	over	ADP
ejge-4308	548	35	5	5	NUM
ejge-4308	548	36	years	year	NOUN
ejge-4308	548	37	-1	-1	NOUN
ejge-4308	548	38	0	0	PUNCT
ejge-4308	549	1	-5	-5	PUNCT
ejge-4308	549	2	0	0	NUM
ejge-4308	549	3	5	5	NUM
ejge-4308	549	4	1	1	NUM
ejge-4308	549	5	0	0	NUM
ejge-4308	549	6	r	r	NOUN
ejge-4308	549	7	e	e	NOUN
ejge-4308	549	8	a	a	DET
ejge-4308	549	9	l	l	NOUN
ejge-4308	549	10	g	g	NOUN
ejge-4308	550	1	d	d	X
ejge-4308	550	2	p	p	X
ejge-4308	550	3	p	p	X
ejge-4308	550	4	e	e	NOUN
ejge-4308	550	5	r	r	NOUN
ejge-4308	550	6	ca	ca	NOUN
ejge-4308	550	7	p	p	NOUN
ejge-4308	550	8	ita	ita	PROPN
ejge-4308	550	9	g	g	PROPN
ejge-4308	550	10	ro	ro	PROPN
ejge-4308	550	11	w	w	X
ejge-4308	550	12	th	th	X
ejge-4308	550	13	r	r	NOUN
ejge-4308	550	14	a	a	DET
ejge-4308	550	15	te	te	PROPN
ejge-4308	550	16	(	(	PUNCT
ejge-4308	550	17	%	%	NOUN
ejge-4308	550	18	)	)	PUNCT
ejge-4308	550	19	-50	-50	PUNCT
ejge-4308	550	20	-25	-25	PUNCT
ejge-4308	550	21	0	0	NUM
ejge-4308	550	22	25	25	NUM
ejge-4308	550	23	50	50	NUM
ejge-4308	550	24	75	75	NUM
ejge-4308	550	25	100	100	NUM
ejge-4308	550	26	change	change	NOUN
ejge-4308	550	27	in	in	ADP
ejge-4308	550	28	total	total	ADJ
ejge-4308	550	29	debt	debt	NOUN
ejge-4308	550	30	to	to	ADP
ejge-4308	550	31	gdp	gdp	NOUN
ejge-4308	550	32	(	(	PUNCT
ejge-4308	550	33	%	%	INTJ
ejge-4308	550	34	)	)	PUNCT
ejge-4308	550	35	accumulated	accumulate	VERB
ejge-4308	550	36	over	over	ADP
ejge-4308	550	37	10	10	NUM
ejge-4308	550	38	years	year	NOUN
ejge-4308	550	39	-1	-1	ADP
ejge-4308	550	40	0	0	PUNCT
ejge-4308	551	1	-5	-5	PUNCT
ejge-4308	551	2	0	0	NUM
ejge-4308	551	3	5	5	NUM
ejge-4308	551	4	1	1	NUM
ejge-4308	551	5	0	0	NUM
ejge-4308	551	6	r	r	NOUN
ejge-4308	551	7	e	e	NOUN
ejge-4308	551	8	a	a	DET
ejge-4308	551	9	l	l	NOUN
ejge-4308	551	10	g	g	NOUN
ejge-4308	552	1	d	d	X
ejge-4308	552	2	p	p	X
ejge-4308	552	3	p	p	X
ejge-4308	552	4	e	e	NOUN
ejge-4308	552	5	r	r	NOUN
ejge-4308	552	6	ca	ca	NOUN
ejge-4308	552	7	p	p	NOUN
ejge-4308	552	8	ita	ita	PROPN
ejge-4308	552	9	g	g	PROPN
ejge-4308	552	10	ro	ro	PROPN
ejge-4308	552	11	w	w	X
ejge-4308	552	12	th	th	X
ejge-4308	552	13	r	r	NOUN
ejge-4308	552	14	a	a	DET
ejge-4308	552	15	te	te	PROPN
ejge-4308	552	16	(	(	PUNCT
ejge-4308	552	17	%	%	NOUN
ejge-4308	552	18	)	)	PUNCT
ejge-4308	552	19	-50	-50	PUNCT
ejge-4308	552	20	0	0	NUM
ejge-4308	552	21	50	50	NUM
ejge-4308	552	22	100	100	NUM
ejge-4308	552	23	150	150	NUM
ejge-4308	552	24	change	change	NOUN
ejge-4308	552	25	in	in	ADP
ejge-4308	552	26	total	total	ADJ
ejge-4308	552	27	debt	debt	NOUN
ejge-4308	552	28	to	to	ADP
ejge-4308	552	29	gdp	gdp	NOUN
ejge-4308	552	30	(	(	PUNCT
ejge-4308	552	31	%	%	INTJ
ejge-4308	552	32	)	)	PUNCT
ejge-4308	552	33	accumulated	accumulate	VERB
ejge-4308	552	34	over	over	ADP
ejge-4308	552	35	15	15	NUM
ejge-4308	552	36	years	year	NOUN
ejge-4308	552	37	-5	-5	VERB
ejge-4308	552	38	0	0	NUM
ejge-4308	552	39	5	5	NUM
ejge-4308	552	40	1	1	NUM
ejge-4308	552	41	0	0	NUM
ejge-4308	552	42	r	r	NOUN
ejge-4308	552	43	e	e	NOUN
ejge-4308	552	44	al	al	PROPN
ejge-4308	552	45	g	g	PROPN
ejge-4308	552	46	d	d	PROPN
ejge-4308	552	47	p	p	X
ejge-4308	552	48	p	p	X
ejge-4308	552	49	e	e	NOUN
ejge-4308	552	50	r	r	NOUN
ejge-4308	552	51	ca	can	AUX
ejge-4308	552	52	pi	pi	VERB
ejge-4308	552	53	ta	ta	PROPN
ejge-4308	552	54	g	g	PROPN
ejge-4308	552	55	ro	ro	PROPN
ejge-4308	552	56	w	w	X
ejge-4308	552	57	th	th	X
ejge-4308	552	58	r	r	NOUN
ejge-4308	552	59	a	a	DET
ejge-4308	552	60	te	te	PROPN
ejge-4308	552	61	(	(	PUNCT
ejge-4308	552	62	%	%	NOUN
ejge-4308	552	63	)	)	PUNCT
ejge-4308	552	64	-15	-15	PUNCT
ejge-4308	553	1	-5	-5	PUNCT
ejge-4308	553	2	5	5	NUM
ejge-4308	553	3	15	15	NUM
ejge-4308	553	4	25	25	NUM
ejge-4308	553	5	change	change	NOUN
ejge-4308	553	6	in	in	ADP
ejge-4308	553	7	total	total	ADJ
ejge-4308	553	8	debt	debt	NOUN
ejge-4308	553	9	to	to	ADP
ejge-4308	553	10	gdp	gdp	NOUN
ejge-4308	553	11	(	(	PUNCT
ejge-4308	553	12	%	%	INTJ
ejge-4308	553	13	)	)	PUNCT
ejge-4308	553	14	accumulated	accumulate	VERB
ejge-4308	553	15	over	over	ADP
ejge-4308	553	16	1	1	NUM
ejge-4308	553	17	year	year	NOUN
ejge-4308	553	18	-5	-5	NOUN
ejge-4308	553	19	0	0	NUM
ejge-4308	553	20	5	5	NUM
ejge-4308	553	21	1	1	NUM
ejge-4308	553	22	0	0	NUM
ejge-4308	553	23	r	r	NOUN
ejge-4308	553	24	e	e	NOUN
ejge-4308	553	25	al	al	PROPN
ejge-4308	553	26	g	g	PROPN
ejge-4308	554	1	d	d	PROPN
ejge-4308	554	2	p	p	X
ejge-4308	554	3	p	p	X
ejge-4308	554	4	e	e	NOUN
ejge-4308	554	5	r	r	NOUN
ejge-4308	554	6	ca	can	AUX
ejge-4308	554	7	pi	pi	VERB
ejge-4308	554	8	ta	ta	PROPN
ejge-4308	554	9	g	g	PROPN
ejge-4308	554	10	ro	ro	PROPN
ejge-4308	554	11	w	w	X
ejge-4308	554	12	th	th	X
ejge-4308	554	13	r	r	NOUN
ejge-4308	554	14	a	a	DET
ejge-4308	554	15	te	te	PROPN
ejge-4308	554	16	(	(	PUNCT
ejge-4308	554	17	%	%	NOUN
ejge-4308	554	18	)	)	PUNCT
ejge-4308	554	19	-30	-30	PUNCT
ejge-4308	555	1	-15	-15	PUNCT
ejge-4308	555	2	0	0	NUM
ejge-4308	555	3	15	15	NUM
ejge-4308	555	4	30	30	NUM
ejge-4308	555	5	45	45	NUM
ejge-4308	555	6	change	change	NOUN
ejge-4308	555	7	in	in	ADP
ejge-4308	555	8	total	total	ADJ
ejge-4308	555	9	debt	debt	NOUN
ejge-4308	555	10	to	to	ADP
ejge-4308	555	11	gdp	gdp	NOUN
ejge-4308	555	12	(	(	PUNCT
ejge-4308	555	13	%	%	INTJ
ejge-4308	555	14	)	)	PUNCT
ejge-4308	555	15	accumulated	accumulate	VERB
ejge-4308	555	16	over	over	ADP
ejge-4308	555	17	5	5	NUM
ejge-4308	555	18	years	year	NOUN
ejge-4308	555	19	-5	-5	VERB
ejge-4308	555	20	0	0	NUM
ejge-4308	555	21	5	5	NUM
ejge-4308	555	22	1	1	NUM
ejge-4308	555	23	0	0	NUM
ejge-4308	555	24	r	r	NOUN
ejge-4308	555	25	e	e	NOUN
ejge-4308	555	26	al	al	PROPN
ejge-4308	555	27	g	g	PROPN
ejge-4308	556	1	d	d	PROPN
ejge-4308	556	2	p	p	X
ejge-4308	556	3	p	p	X
ejge-4308	556	4	e	e	NOUN
ejge-4308	556	5	r	r	NOUN
ejge-4308	556	6	ca	can	AUX
ejge-4308	556	7	pi	pi	VERB
ejge-4308	556	8	ta	ta	PROPN
ejge-4308	556	9	g	g	PROPN
ejge-4308	556	10	ro	ro	PROPN
ejge-4308	556	11	w	w	X
ejge-4308	556	12	th	th	X
ejge-4308	556	13	r	r	NOUN
ejge-4308	556	14	a	a	DET
ejge-4308	556	15	te	te	PROPN
ejge-4308	556	16	(	(	PUNCT
ejge-4308	556	17	%	%	NOUN
ejge-4308	556	18	)	)	PUNCT
ejge-4308	556	19	-50	-50	PUNCT
ejge-4308	556	20	-25	-25	PUNCT
ejge-4308	556	21	0	0	NUM
ejge-4308	556	22	25	25	NUM
ejge-4308	556	23	50	50	NUM
ejge-4308	556	24	75	75	NUM
ejge-4308	556	25	change	change	NOUN
ejge-4308	556	26	in	in	ADP
ejge-4308	556	27	total	total	ADJ
ejge-4308	556	28	debt	debt	NOUN
ejge-4308	556	29	to	to	ADP
ejge-4308	556	30	gdp	gdp	NOUN
ejge-4308	556	31	(	(	PUNCT
ejge-4308	556	32	%	%	INTJ
ejge-4308	556	33	)	)	PUNCT
ejge-4308	556	34	accumulated	accumulate	VERB
ejge-4308	556	35	over	over	ADP
ejge-4308	556	36	10	10	NUM
ejge-4308	556	37	years	year	NOUN
ejge-4308	556	38	-5	-5	VERB
ejge-4308	556	39	0	0	NUM
ejge-4308	556	40	5	5	NUM
ejge-4308	556	41	1	1	NUM
ejge-4308	556	42	0	0	NUM
ejge-4308	556	43	r	r	NOUN
ejge-4308	556	44	e	e	NOUN
ejge-4308	556	45	al	al	PROPN
ejge-4308	556	46	g	g	PROPN
ejge-4308	556	47	d	d	PROPN
ejge-4308	556	48	p	p	X
ejge-4308	556	49	p	p	X
ejge-4308	556	50	e	e	NOUN
ejge-4308	556	51	r	r	NOUN
ejge-4308	556	52	ca	can	AUX
ejge-4308	556	53	pi	pi	VERB
ejge-4308	556	54	ta	ta	PROPN
ejge-4308	556	55	g	g	PROPN
ejge-4308	556	56	ro	ro	PROPN
ejge-4308	556	57	w	w	X
ejge-4308	556	58	th	th	X
ejge-4308	556	59	r	r	NOUN
ejge-4308	556	60	a	a	DET
ejge-4308	556	61	te	te	PROPN
ejge-4308	556	62	(	(	PUNCT
ejge-4308	556	63	%	%	NOUN
ejge-4308	556	64	)	)	PUNCT
ejge-4308	556	65	-30	-30	SYM
ejge-4308	556	66	0	0	NUM
ejge-4308	557	1	30	30	NUM
ejge-4308	557	2	60	60	NUM
ejge-4308	557	3	90	90	NUM
ejge-4308	557	4	120	120	NUM
ejge-4308	557	5	change	change	NOUN
ejge-4308	557	6	in	in	ADP
ejge-4308	557	7	total	total	ADJ
ejge-4308	557	8	debt	debt	NOUN
ejge-4308	557	9	to	to	ADP
ejge-4308	557	10	gdp	gdp	NOUN
ejge-4308	557	11	(	(	PUNCT
ejge-4308	557	12	%	%	INTJ
ejge-4308	557	13	)	)	PUNCT
ejge-4308	557	14	accumulated	accumulate	VERB
ejge-4308	557	15	over	over	ADP
ejge-4308	557	16	15	15	NUM
ejge-4308	557	17	years	year	NOUN
ejge-4308	557	18	-5	-5	VERB
ejge-4308	557	19	0	0	NUM
ejge-4308	557	20	5	5	NUM
ejge-4308	557	21	1	1	NUM
ejge-4308	557	22	0	0	NUM
ejge-4308	557	23	r	r	NOUN
ejge-4308	557	24	e	e	NOUN
ejge-4308	557	25	al	al	PROPN
ejge-4308	557	26	g	g	PROPN
ejge-4308	558	1	d	d	PROPN
ejge-4308	558	2	p	p	X
ejge-4308	558	3	p	p	X
ejge-4308	558	4	e	e	NOUN
ejge-4308	558	5	r	r	NOUN
ejge-4308	558	6	ca	can	AUX
ejge-4308	558	7	pi	pi	VERB
ejge-4308	558	8	ta	ta	PROPN
ejge-4308	558	9	g	g	PROPN
ejge-4308	558	10	ro	ro	PROPN
ejge-4308	558	11	w	w	X
ejge-4308	558	12	th	th	X
ejge-4308	558	13	r	r	NOUN
ejge-4308	558	14	a	a	DET
ejge-4308	558	15	te	te	PROPN
ejge-4308	558	16	(	(	PUNCT
ejge-4308	558	17	%	%	NOUN
ejge-4308	558	18	)	)	PUNCT
ejge-4308	558	19	-20	-20	PUNCT
ejge-4308	558	20	-10	-10	PUNCT
ejge-4308	559	1	0	0	NUM
ejge-4308	559	2	10	10	NUM
ejge-4308	559	3	20	20	NUM
ejge-4308	559	4	change	change	NOUN
ejge-4308	559	5	in	in	ADP
ejge-4308	559	6	total	total	ADJ
ejge-4308	559	7	debt	debt	NOUN
ejge-4308	559	8	to	to	ADP
ejge-4308	559	9	gdp	gdp	NOUN
ejge-4308	559	10	(	(	PUNCT
ejge-4308	559	11	%	%	INTJ
ejge-4308	559	12	)	)	PUNCT
ejge-4308	559	13	accumulated	accumulate	VERB
ejge-4308	559	14	over	over	ADP
ejge-4308	559	15	1	1	NUM
ejge-4308	559	16	year	year	NOUN
ejge-4308	559	17	-5	-5	NOUN
ejge-4308	559	18	0	0	NUM
ejge-4308	559	19	5	5	NUM
ejge-4308	559	20	1	1	NUM
ejge-4308	559	21	0	0	NUM
ejge-4308	559	22	r	r	NOUN
ejge-4308	559	23	e	e	NOUN
ejge-4308	559	24	al	al	PROPN
ejge-4308	559	25	g	g	PROPN
ejge-4308	560	1	d	d	PROPN
ejge-4308	560	2	p	p	X
ejge-4308	560	3	p	p	X
ejge-4308	560	4	e	e	NOUN
ejge-4308	560	5	r	r	NOUN
ejge-4308	560	6	ca	can	AUX
ejge-4308	560	7	pi	pi	VERB
ejge-4308	560	8	ta	ta	PROPN
ejge-4308	560	9	g	g	PROPN
ejge-4308	560	10	ro	ro	PROPN
ejge-4308	560	11	w	w	X
ejge-4308	560	12	th	th	X
ejge-4308	560	13	r	r	NOUN
ejge-4308	560	14	a	a	DET
ejge-4308	560	15	te	te	PROPN
ejge-4308	560	16	(	(	PUNCT
ejge-4308	560	17	%	%	NOUN
ejge-4308	560	18	)	)	PUNCT
ejge-4308	560	19	-30	-30	PUNCT
ejge-4308	561	1	-15	-15	PUNCT
ejge-4308	561	2	0	0	NUM
ejge-4308	561	3	15	15	NUM
ejge-4308	561	4	30	30	NUM
ejge-4308	561	5	45	45	NUM
ejge-4308	561	6	change	change	NOUN
ejge-4308	561	7	in	in	ADP
ejge-4308	561	8	total	total	ADJ
ejge-4308	561	9	debt	debt	NOUN
ejge-4308	561	10	to	to	ADP
ejge-4308	561	11	gdp	gdp	NOUN
ejge-4308	561	12	(	(	PUNCT
ejge-4308	561	13	%	%	INTJ
ejge-4308	561	14	)	)	PUNCT
ejge-4308	561	15	accumulated	accumulate	VERB
ejge-4308	561	16	over	over	ADP
ejge-4308	561	17	5	5	NUM
ejge-4308	561	18	years	year	NOUN
ejge-4308	561	19	-5	-5	VERB
ejge-4308	561	20	0	0	NUM
ejge-4308	561	21	5	5	NUM
ejge-4308	561	22	1	1	NUM
ejge-4308	561	23	0	0	NUM
ejge-4308	561	24	r	r	NOUN
ejge-4308	561	25	e	e	NOUN
ejge-4308	561	26	al	al	PROPN
ejge-4308	561	27	g	g	PROPN
ejge-4308	562	1	d	d	PROPN
ejge-4308	562	2	p	p	X
ejge-4308	562	3	p	p	X
ejge-4308	562	4	e	e	NOUN
ejge-4308	562	5	r	r	NOUN
ejge-4308	562	6	ca	can	AUX
ejge-4308	562	7	pi	pi	VERB
ejge-4308	562	8	ta	ta	PROPN
ejge-4308	562	9	g	g	PROPN
ejge-4308	562	10	ro	ro	PROPN
ejge-4308	562	11	w	w	X
ejge-4308	562	12	th	th	X
ejge-4308	562	13	r	r	NOUN
ejge-4308	562	14	a	a	DET
ejge-4308	562	15	te	te	PROPN
ejge-4308	562	16	(	(	PUNCT
ejge-4308	562	17	%	%	NOUN
ejge-4308	562	18	)	)	PUNCT
ejge-4308	562	19	-25	-25	PUNCT
ejge-4308	562	20	0	0	NUM
ejge-4308	562	21	25	25	NUM
ejge-4308	562	22	50	50	NUM
ejge-4308	562	23	75	75	NUM
ejge-4308	562	24	change	change	NOUN
ejge-4308	562	25	in	in	ADP
ejge-4308	562	26	total	total	ADJ
ejge-4308	562	27	debt	debt	NOUN
ejge-4308	562	28	to	to	ADP
ejge-4308	562	29	gdp	gdp	NOUN
ejge-4308	562	30	(	(	PUNCT
ejge-4308	562	31	%	%	INTJ
ejge-4308	562	32	)	)	PUNCT
ejge-4308	562	33	accumulated	accumulate	VERB
ejge-4308	562	34	over	over	ADP
ejge-4308	562	35	10	10	NUM
ejge-4308	562	36	years	year	NOUN
ejge-4308	562	37	-5	-5	VERB
ejge-4308	562	38	0	0	NUM
ejge-4308	562	39	5	5	NUM
ejge-4308	562	40	1	1	NUM
ejge-4308	562	41	0	0	NUM
ejge-4308	562	42	r	r	NOUN
ejge-4308	562	43	e	e	NOUN
ejge-4308	562	44	al	al	PROPN
ejge-4308	562	45	g	g	PROPN
ejge-4308	562	46	d	d	PROPN
ejge-4308	562	47	p	p	X
ejge-4308	562	48	p	p	X
ejge-4308	562	49	e	e	NOUN
ejge-4308	562	50	r	r	NOUN
ejge-4308	562	51	ca	can	AUX
ejge-4308	562	52	pi	pi	VERB
ejge-4308	562	53	ta	ta	PROPN
ejge-4308	562	54	g	g	PROPN
ejge-4308	562	55	ro	ro	PROPN
ejge-4308	562	56	w	w	X
ejge-4308	562	57	th	th	X
ejge-4308	562	58	r	r	NOUN
ejge-4308	562	59	a	a	DET
ejge-4308	562	60	te	te	PROPN
ejge-4308	562	61	(	(	PUNCT
ejge-4308	562	62	%	%	NOUN
ejge-4308	562	63	)	)	PUNCT
ejge-4308	562	64	-30	-30	SYM
ejge-4308	562	65	0	0	NUM
ejge-4308	563	1	30	30	NUM
ejge-4308	563	2	60	60	NUM
ejge-4308	563	3	90	90	NUM
ejge-4308	563	4	change	change	NOUN
ejge-4308	563	5	in	in	ADP
ejge-4308	563	6	total	total	ADJ
ejge-4308	563	7	debt	debt	NOUN
ejge-4308	563	8	to	to	ADP
ejge-4308	563	9	gdp	gdp	NOUN
ejge-4308	563	10	(	(	PUNCT
ejge-4308	563	11	%	%	INTJ
ejge-4308	563	12	)	)	PUNCT
ejge-4308	563	13	accumulated	accumulate	VERB
ejge-4308	563	14	over	over	ADP
ejge-4308	563	15	15	15	NUM
ejge-4308	563	16	years	year	NOUN
ejge-4308	563	17	-5	-5	VERB
ejge-4308	563	18	0	0	NUM
ejge-4308	563	19	5	5	NUM
ejge-4308	563	20	1	1	NUM
ejge-4308	563	21	0	0	NUM
ejge-4308	563	22	r	r	NOUN
ejge-4308	563	23	e	e	NOUN
ejge-4308	563	24	al	al	PROPN
ejge-4308	563	25	g	g	PROPN
ejge-4308	564	1	d	d	PROPN
ejge-4308	564	2	p	p	X
ejge-4308	564	3	p	p	X
ejge-4308	564	4	e	e	NOUN
ejge-4308	564	5	r	r	NOUN
ejge-4308	564	6	ca	can	AUX
ejge-4308	564	7	pi	pi	VERB
ejge-4308	564	8	ta	ta	PROPN
ejge-4308	564	9	g	g	PROPN
ejge-4308	564	10	ro	ro	PROPN
ejge-4308	564	11	w	w	X
ejge-4308	564	12	th	th	X
ejge-4308	564	13	r	r	NOUN
ejge-4308	564	14	a	a	DET
ejge-4308	564	15	te	te	PROPN
ejge-4308	564	16	(	(	PUNCT
ejge-4308	564	17	%	%	NOUN
ejge-4308	564	18	)	)	PUNCT
ejge-4308	564	19	-20	-20	PUNCT
ejge-4308	564	20	-10	-10	PUNCT
ejge-4308	565	1	0	0	NUM
ejge-4308	565	2	10	10	NUM
ejge-4308	565	3	20	20	NUM
ejge-4308	565	4	change	change	NOUN
ejge-4308	565	5	in	in	ADP
ejge-4308	565	6	total	total	ADJ
ejge-4308	565	7	debt	debt	NOUN
ejge-4308	565	8	to	to	ADP
ejge-4308	565	9	gdp	gdp	NOUN
ejge-4308	565	10	(	(	PUNCT
ejge-4308	565	11	%	%	INTJ
ejge-4308	565	12	)	)	PUNCT
ejge-4308	565	13	accumulated	accumulate	VERB
ejge-4308	565	14	over	over	ADP
ejge-4308	565	15	1	1	NUM
ejge-4308	565	16	year	year	NOUN
ejge-4308	565	17	-5	-5	NOUN
ejge-4308	565	18	0	0	NUM
ejge-4308	565	19	5	5	NUM
ejge-4308	565	20	1	1	NUM
ejge-4308	565	21	0	0	NUM
ejge-4308	565	22	r	r	NOUN
ejge-4308	565	23	e	e	NOUN
ejge-4308	565	24	al	al	PROPN
ejge-4308	565	25	g	g	PROPN
ejge-4308	566	1	d	d	PROPN
ejge-4308	566	2	p	p	X
ejge-4308	566	3	p	p	X
ejge-4308	566	4	e	e	NOUN
ejge-4308	566	5	r	r	NOUN
ejge-4308	566	6	ca	can	AUX
ejge-4308	566	7	pi	pi	VERB
ejge-4308	566	8	ta	ta	PROPN
ejge-4308	566	9	g	g	PROPN
ejge-4308	566	10	ro	ro	PROPN
ejge-4308	566	11	w	w	X
ejge-4308	566	12	th	th	X
ejge-4308	566	13	r	r	NOUN
ejge-4308	566	14	a	a	DET
ejge-4308	566	15	te	te	PROPN
ejge-4308	566	16	(	(	PUNCT
ejge-4308	566	17	%	%	NOUN
ejge-4308	566	18	)	)	PUNCT
ejge-4308	566	19	-30	-30	PUNCT
ejge-4308	567	1	-15	-15	PUNCT
ejge-4308	567	2	0	0	NUM
ejge-4308	567	3	15	15	NUM
ejge-4308	567	4	30	30	NUM
ejge-4308	567	5	45	45	NUM
ejge-4308	567	6	change	change	NOUN
ejge-4308	567	7	in	in	ADP
ejge-4308	567	8	total	total	ADJ
ejge-4308	567	9	debt	debt	NOUN
ejge-4308	567	10	to	to	ADP
ejge-4308	567	11	gdp	gdp	NOUN
ejge-4308	567	12	(	(	PUNCT
ejge-4308	567	13	%	%	INTJ
ejge-4308	567	14	)	)	PUNCT
ejge-4308	567	15	accumulated	accumulate	VERB
ejge-4308	567	16	over	over	ADP
ejge-4308	567	17	5	5	NUM
ejge-4308	567	18	years	year	NOUN
ejge-4308	567	19	-5	-5	VERB
ejge-4308	567	20	0	0	NUM
ejge-4308	567	21	5	5	NUM
ejge-4308	567	22	1	1	NUM
ejge-4308	567	23	0	0	NUM
ejge-4308	567	24	r	r	NOUN
ejge-4308	567	25	e	e	NOUN
ejge-4308	567	26	al	al	PROPN
ejge-4308	567	27	g	g	PROPN
ejge-4308	568	1	d	d	PROPN
ejge-4308	568	2	p	p	X
ejge-4308	568	3	p	p	X
ejge-4308	568	4	e	e	NOUN
ejge-4308	568	5	r	r	NOUN
ejge-4308	568	6	ca	can	AUX
ejge-4308	568	7	pi	pi	VERB
ejge-4308	568	8	ta	ta	PROPN
ejge-4308	568	9	g	g	PROPN
ejge-4308	568	10	ro	ro	PROPN
ejge-4308	568	11	w	w	X
ejge-4308	568	12	th	th	X
ejge-4308	568	13	r	r	NOUN
ejge-4308	568	14	a	a	DET
ejge-4308	568	15	te	te	PROPN
ejge-4308	568	16	(	(	PUNCT
ejge-4308	568	17	%	%	NOUN
ejge-4308	568	18	)	)	PUNCT
ejge-4308	568	19	-25	-25	PUNCT
ejge-4308	568	20	0	0	NUM
ejge-4308	568	21	25	25	NUM
ejge-4308	568	22	50	50	NUM
ejge-4308	568	23	75	75	NUM
ejge-4308	568	24	change	change	NOUN
ejge-4308	568	25	in	in	ADP
ejge-4308	568	26	total	total	ADJ
ejge-4308	568	27	debt	debt	NOUN
ejge-4308	568	28	to	to	ADP
ejge-4308	568	29	gdp	gdp	NOUN
ejge-4308	568	30	(	(	PUNCT
ejge-4308	568	31	%	%	INTJ
ejge-4308	568	32	)	)	PUNCT
ejge-4308	568	33	accumulated	accumulate	VERB
ejge-4308	568	34	over	over	ADP
ejge-4308	568	35	10	10	NUM
ejge-4308	568	36	years	year	NOUN
ejge-4308	568	37	-5	-5	VERB
ejge-4308	568	38	0	0	NUM
ejge-4308	568	39	5	5	NUM
ejge-4308	568	40	1	1	NUM
ejge-4308	568	41	0	0	NUM
ejge-4308	568	42	r	r	NOUN
ejge-4308	568	43	e	e	NOUN
ejge-4308	568	44	al	al	PROPN
ejge-4308	568	45	g	g	PROPN
ejge-4308	568	46	d	d	PROPN
ejge-4308	568	47	p	p	X
ejge-4308	568	48	p	p	X
ejge-4308	568	49	e	e	NOUN
ejge-4308	568	50	r	r	NOUN
ejge-4308	568	51	ca	can	AUX
ejge-4308	568	52	pi	pi	VERB
ejge-4308	568	53	ta	ta	PROPN
ejge-4308	568	54	g	g	PROPN
ejge-4308	568	55	ro	ro	PROPN
ejge-4308	568	56	w	w	X
ejge-4308	568	57	th	th	X
ejge-4308	568	58	r	r	NOUN
ejge-4308	568	59	a	a	DET
ejge-4308	568	60	te	te	PROPN
ejge-4308	568	61	(	(	PUNCT
ejge-4308	568	62	%	%	NOUN
ejge-4308	568	63	)	)	PUNCT
ejge-4308	568	64	-30	-30	SYM
ejge-4308	568	65	0	0	NUM
ejge-4308	569	1	30	30	NUM
ejge-4308	569	2	60	60	NUM
ejge-4308	569	3	90	90	NUM
ejge-4308	569	4	change	change	NOUN
ejge-4308	569	5	in	in	ADP
ejge-4308	569	6	total	total	ADJ
ejge-4308	569	7	debt	debt	NOUN
ejge-4308	569	8	to	to	ADP
ejge-4308	569	9	gdp	gdp	NOUN
ejge-4308	569	10	(	(	PUNCT
ejge-4308	569	11	%	%	INTJ
ejge-4308	569	12	)	)	PUNCT
ejge-4308	569	13	accumulated	accumulate	VERB
ejge-4308	569	14	over	over	ADP
ejge-4308	569	15	15	15	NUM
ejge-4308	569	16	years	year	NOUN
ejge-4308	569	17	european	european	PROPN
ejge-4308	569	18	journal	journal	PROPN
ejge-4308	569	19	of	of	ADP
ejge-4308	569	20	government	government	NOUN
ejge-4308	569	21	and	and	CCONJ
ejge-4308	569	22	economics	economic	NOUN
ejge-4308	569	23	4(2	4(2	NUM
ejge-4308	569	24	)	)	PUNCT
ejge-4308	569	25	103	103	NUM
ejge-4308	569	26	growth	growth	NOUN
ejge-4308	569	27	performance	performance	NOUN
ejge-4308	569	28	over	over	ADP
ejge-4308	569	29	10	10	NUM
ejge-4308	569	30	years	year	NOUN
ejge-4308	569	31	with	with	ADP
ejge-4308	569	32	debt	debt	NOUN
ejge-4308	569	33	accumulation	accumulation	NOUN
ejge-4308	569	34	over	over	ADP
ejge-4308	569	35	1	1	NUM
ejge-4308	569	36	-	-	SYM
ejge-4308	569	37	15	15	NUM
ejge-4308	569	38	year	year	NOUN
ejge-4308	569	39	(	(	PUNCT
ejge-4308	569	40	h=10	h=10	NOUN
ejge-4308	569	41	and	and	CCONJ
ejge-4308	569	42	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	569	43	)	)	PUNCT
ejge-4308	569	44	–	–	PUNCT
ejge-4308	569	45	public	public	ADJ
ejge-4308	569	46	&	&	CCONJ
ejge-4308	569	47	private	private	ADJ
ejge-4308	569	48	debt	debt	NOUN
ejge-4308	569	49	growth	growth	NOUN
ejge-4308	569	50	performance	performance	NOUN
ejge-4308	569	51	over	over	ADP
ejge-4308	569	52	15	15	NUM
ejge-4308	569	53	year	year	NOUN
ejge-4308	569	54	with	with	ADP
ejge-4308	569	55	debt	debt	NOUN
ejge-4308	569	56	accumulation	accumulation	NOUN
ejge-4308	569	57	over	over	ADP
ejge-4308	569	58	1	1	NUM
ejge-4308	569	59	-	-	SYM
ejge-4308	569	60	15	15	NUM
ejge-4308	569	61	year	year	NOUN
ejge-4308	569	62	(	(	PUNCT
ejge-4308	569	63	h=15	h=15	X
ejge-4308	569	64	and	and	CCONJ
ejge-4308	569	65	d=1,5,10,15	d=1,5,10,15	NUM
ejge-4308	569	66	)	)	PUNCT
ejge-4308	569	67	–	–	PUNCT
ejge-4308	569	68	outliers	outlier	NOUN
ejge-4308	569	69	removed	remove	VERB
ejge-4308	569	70	-5	-5	PUNCT
ejge-4308	569	71	0	0	NUM
ejge-4308	569	72	5	5	NUM
ejge-4308	569	73	1	1	NUM
ejge-4308	569	74	0	0	NUM
ejge-4308	569	75	r	r	NOUN
ejge-4308	569	76	e	e	NOUN
ejge-4308	569	77	al	al	PROPN
ejge-4308	569	78	g	g	PROPN
ejge-4308	570	1	d	d	PROPN
ejge-4308	570	2	p	p	X
ejge-4308	570	3	p	p	X
ejge-4308	570	4	e	e	NOUN
ejge-4308	570	5	r	r	NOUN
ejge-4308	570	6	ca	can	AUX
ejge-4308	570	7	pi	pi	VERB
ejge-4308	570	8	ta	ta	PROPN
ejge-4308	570	9	g	g	PROPN
ejge-4308	570	10	ro	ro	PROPN
ejge-4308	570	11	w	w	X
ejge-4308	570	12	th	th	X
ejge-4308	570	13	r	r	NOUN
ejge-4308	570	14	a	a	DET
ejge-4308	570	15	te	te	PROPN
ejge-4308	570	16	(	(	PUNCT
ejge-4308	570	17	%	%	NOUN
ejge-4308	570	18	)	)	PUNCT
ejge-4308	570	19	-10	-10	PUNCT
ejge-4308	571	1	-5	-5	PUNCT
ejge-4308	571	2	0	0	NUM
ejge-4308	571	3	5	5	NUM
ejge-4308	571	4	10	10	NUM
ejge-4308	571	5	15	15	NUM
ejge-4308	571	6	change	change	NOUN
ejge-4308	571	7	in	in	ADP
ejge-4308	571	8	public	public	ADJ
ejge-4308	571	9	debt	debt	NOUN
ejge-4308	571	10	to	to	ADP
ejge-4308	571	11	gdp	gdp	NOUN
ejge-4308	571	12	(	(	PUNCT
ejge-4308	571	13	%	%	INTJ
ejge-4308	571	14	)	)	PUNCT
ejge-4308	571	15	accumulated	accumulate	VERB
ejge-4308	571	16	over	over	ADP
ejge-4308	571	17	1	1	NUM
ejge-4308	571	18	year	year	NOUN
ejge-4308	571	19	-5	-5	NOUN
ejge-4308	571	20	0	0	NUM
ejge-4308	571	21	5	5	NUM
ejge-4308	571	22	1	1	NUM
ejge-4308	571	23	0	0	NUM
ejge-4308	571	24	r	r	NOUN
ejge-4308	571	25	e	e	NOUN
ejge-4308	571	26	al	al	PROPN
ejge-4308	571	27	g	g	PROPN
ejge-4308	572	1	d	d	PROPN
ejge-4308	572	2	p	p	X
ejge-4308	572	3	p	p	X
ejge-4308	572	4	e	e	NOUN
ejge-4308	572	5	r	r	NOUN
ejge-4308	572	6	ca	can	AUX
ejge-4308	572	7	pi	pi	VERB
ejge-4308	572	8	ta	ta	PROPN
ejge-4308	572	9	g	g	PROPN
ejge-4308	572	10	ro	ro	PROPN
ejge-4308	572	11	w	w	X
ejge-4308	572	12	th	th	X
ejge-4308	572	13	r	r	NOUN
ejge-4308	572	14	a	a	DET
ejge-4308	572	15	te	te	PROPN
ejge-4308	572	16	(	(	PUNCT
ejge-4308	572	17	%	%	NOUN
ejge-4308	572	18	)	)	PUNCT
ejge-4308	572	19	-30	-30	PUNCT
ejge-4308	573	1	-15	-15	PUNCT
ejge-4308	573	2	0	0	NUM
ejge-4308	573	3	15	15	NUM
ejge-4308	573	4	30	30	NUM
ejge-4308	573	5	45	45	NUM
ejge-4308	573	6	change	change	NOUN
ejge-4308	573	7	in	in	ADP
ejge-4308	573	8	public	public	ADJ
ejge-4308	573	9	debt	debt	NOUN
ejge-4308	573	10	to	to	ADP
ejge-4308	573	11	gdp	gdp	NOUN
ejge-4308	573	12	(	(	PUNCT
ejge-4308	573	13	%	%	INTJ
ejge-4308	573	14	)	)	PUNCT
ejge-4308	573	15	accumulated	accumulate	VERB
ejge-4308	573	16	over	over	ADP
ejge-4308	573	17	5	5	NUM
ejge-4308	573	18	years	year	NOUN
ejge-4308	573	19	-5	-5	VERB
ejge-4308	573	20	0	0	NUM
ejge-4308	573	21	5	5	NUM
ejge-4308	573	22	1	1	NUM
ejge-4308	573	23	0	0	NUM
ejge-4308	573	24	r	r	NOUN
ejge-4308	573	25	e	e	NOUN
ejge-4308	573	26	al	al	PROPN
ejge-4308	573	27	g	g	PROPN
ejge-4308	574	1	d	d	PROPN
ejge-4308	574	2	p	p	X
ejge-4308	574	3	p	p	X
ejge-4308	574	4	e	e	NOUN
ejge-4308	574	5	r	r	NOUN
ejge-4308	574	6	ca	can	AUX
ejge-4308	574	7	pi	pi	VERB
ejge-4308	574	8	ta	ta	PROPN
ejge-4308	574	9	g	g	PROPN
ejge-4308	574	10	ro	ro	PROPN
ejge-4308	574	11	w	w	X
ejge-4308	574	12	th	th	X
ejge-4308	574	13	r	r	NOUN
ejge-4308	574	14	a	a	DET
ejge-4308	574	15	te	te	PROPN
ejge-4308	574	16	(	(	PUNCT
ejge-4308	574	17	%	%	NOUN
ejge-4308	574	18	)	)	PUNCT
ejge-4308	574	19	-50	-50	PUNCT
ejge-4308	574	20	-25	-25	PUNCT
ejge-4308	574	21	0	0	NUM
ejge-4308	574	22	25	25	NUM
ejge-4308	574	23	50	50	NUM
ejge-4308	574	24	75	75	NUM
ejge-4308	574	25	change	change	NOUN
ejge-4308	574	26	in	in	ADP
ejge-4308	574	27	public	public	ADJ
ejge-4308	574	28	debt	debt	NOUN
ejge-4308	574	29	to	to	ADP
ejge-4308	574	30	gdp	gdp	NOUN
ejge-4308	574	31	(	(	PUNCT
ejge-4308	574	32	%	%	INTJ
ejge-4308	574	33	)	)	PUNCT
ejge-4308	574	34	accumulated	accumulate	VERB
ejge-4308	574	35	over	over	ADP
ejge-4308	574	36	10	10	NUM
ejge-4308	574	37	years	year	NOUN
ejge-4308	574	38	-5	-5	VERB
ejge-4308	574	39	0	0	NUM
ejge-4308	574	40	5	5	NUM
ejge-4308	574	41	1	1	NUM
ejge-4308	574	42	0	0	NUM
ejge-4308	574	43	r	r	NOUN
ejge-4308	574	44	e	e	NOUN
ejge-4308	574	45	al	al	PROPN
ejge-4308	574	46	g	g	PROPN
ejge-4308	574	47	d	d	PROPN
ejge-4308	574	48	p	p	X
ejge-4308	574	49	p	p	X
ejge-4308	574	50	e	e	NOUN
ejge-4308	574	51	r	r	NOUN
ejge-4308	574	52	ca	can	AUX
ejge-4308	574	53	pi	pi	VERB
ejge-4308	574	54	ta	ta	PROPN
ejge-4308	574	55	g	g	PROPN
ejge-4308	574	56	ro	ro	PROPN
ejge-4308	574	57	w	w	X
ejge-4308	574	58	th	th	X
ejge-4308	574	59	r	r	NOUN
ejge-4308	574	60	a	a	DET
ejge-4308	574	61	te	te	PROPN
ejge-4308	574	62	(	(	PUNCT
ejge-4308	574	63	%	%	NOUN
ejge-4308	574	64	)	)	PUNCT
ejge-4308	574	65	-60	-60	PUNCT
ejge-4308	575	1	-30	-30	PROPN
ejge-4308	575	2	0	0	NUM
ejge-4308	575	3	30	30	NUM
ejge-4308	575	4	60	60	NUM
ejge-4308	575	5	90	90	NUM
ejge-4308	575	6	change	change	NOUN
ejge-4308	575	7	in	in	ADP
ejge-4308	575	8	public	public	ADJ
ejge-4308	575	9	debt	debt	NOUN
ejge-4308	575	10	to	to	ADP
ejge-4308	575	11	gdp	gdp	NOUN
ejge-4308	575	12	(	(	PUNCT
ejge-4308	575	13	%	%	INTJ
ejge-4308	575	14	)	)	PUNCT
ejge-4308	575	15	accumulated	accumulate	VERB
ejge-4308	575	16	over	over	ADP
ejge-4308	575	17	15	15	NUM
ejge-4308	575	18	years	year	NOUN
ejge-4308	575	19	-5	-5	VERB
ejge-4308	575	20	0	0	NUM
ejge-4308	575	21	5	5	NUM
ejge-4308	575	22	1	1	NUM
ejge-4308	575	23	0	0	NUM
ejge-4308	575	24	r	r	NOUN
ejge-4308	575	25	e	e	NOUN
ejge-4308	575	26	al	al	PROPN
ejge-4308	575	27	g	g	PROPN
ejge-4308	576	1	d	d	PROPN
ejge-4308	576	2	p	p	X
ejge-4308	576	3	p	p	X
ejge-4308	576	4	e	e	NOUN
ejge-4308	576	5	r	r	NOUN
ejge-4308	576	6	ca	can	AUX
ejge-4308	576	7	pi	pi	VERB
ejge-4308	576	8	ta	ta	PROPN
ejge-4308	576	9	g	g	PROPN
ejge-4308	576	10	ro	ro	PROPN
ejge-4308	576	11	w	w	X
ejge-4308	576	12	th	th	X
ejge-4308	576	13	r	r	NOUN
ejge-4308	576	14	a	a	DET
ejge-4308	576	15	te	te	PROPN
ejge-4308	576	16	(	(	PUNCT
ejge-4308	576	17	%	%	NOUN
ejge-4308	576	18	)	)	PUNCT
ejge-4308	576	19	-10	-10	PUNCT
ejge-4308	577	1	-5	-5	PUNCT
ejge-4308	577	2	0	0	NUM
ejge-4308	577	3	5	5	NUM
ejge-4308	577	4	10	10	NUM
ejge-4308	577	5	15	15	NUM
ejge-4308	577	6	change	change	NOUN
ejge-4308	577	7	in	in	ADP
ejge-4308	577	8	private	private	ADJ
ejge-4308	577	9	debt	debt	NOUN
ejge-4308	577	10	to	to	ADP
ejge-4308	577	11	gdp	gdp	NOUN
ejge-4308	577	12	(	(	PUNCT
ejge-4308	577	13	%	%	INTJ
ejge-4308	577	14	)	)	PUNCT
ejge-4308	577	15	accumulated	accumulate	VERB
ejge-4308	577	16	over	over	ADP
ejge-4308	577	17	1	1	NUM
ejge-4308	577	18	year	year	NOUN
ejge-4308	577	19	-5	-5	NOUN
ejge-4308	577	20	0	0	NUM
ejge-4308	577	21	5	5	NUM
ejge-4308	577	22	1	1	NUM
ejge-4308	577	23	0	0	NUM
ejge-4308	577	24	r	r	NOUN
ejge-4308	577	25	e	e	NOUN
ejge-4308	577	26	al	al	PROPN
ejge-4308	577	27	g	g	PROPN
ejge-4308	578	1	d	d	PROPN
ejge-4308	578	2	p	p	X
ejge-4308	578	3	p	p	X
ejge-4308	578	4	e	e	NOUN
ejge-4308	578	5	r	r	NOUN
ejge-4308	578	6	ca	can	AUX
ejge-4308	578	7	pi	pi	VERB
ejge-4308	578	8	ta	ta	PROPN
ejge-4308	578	9	g	g	PROPN
ejge-4308	578	10	ro	ro	PROPN
ejge-4308	578	11	w	w	X
ejge-4308	578	12	th	th	X
ejge-4308	578	13	r	r	NOUN
ejge-4308	578	14	a	a	DET
ejge-4308	578	15	te	te	PROPN
ejge-4308	578	16	(	(	PUNCT
ejge-4308	578	17	%	%	NOUN
ejge-4308	578	18	)	)	PUNCT
ejge-4308	578	19	-30	-30	PUNCT
ejge-4308	579	1	-15	-15	PUNCT
ejge-4308	579	2	0	0	NUM
ejge-4308	579	3	15	15	NUM
ejge-4308	579	4	30	30	NUM
ejge-4308	579	5	45	45	NUM
ejge-4308	579	6	change	change	NOUN
ejge-4308	579	7	in	in	ADP
ejge-4308	579	8	private	private	ADJ
ejge-4308	579	9	debt	debt	NOUN
ejge-4308	579	10	to	to	ADP
ejge-4308	579	11	gdp	gdp	NOUN
ejge-4308	579	12	(	(	PUNCT
ejge-4308	579	13	%	%	INTJ
ejge-4308	579	14	)	)	PUNCT
ejge-4308	579	15	accumulated	accumulate	VERB
ejge-4308	579	16	over	over	ADP
ejge-4308	579	17	5	5	NUM
ejge-4308	579	18	years	year	NOUN
ejge-4308	579	19	-5	-5	VERB
ejge-4308	579	20	0	0	NUM
ejge-4308	579	21	5	5	NUM
ejge-4308	579	22	1	1	NUM
ejge-4308	579	23	0	0	NUM
ejge-4308	579	24	r	r	NOUN
ejge-4308	579	25	e	e	NOUN
ejge-4308	579	26	al	al	PROPN
ejge-4308	579	27	g	g	PROPN
ejge-4308	580	1	d	d	PROPN
ejge-4308	580	2	p	p	X
ejge-4308	580	3	p	p	X
ejge-4308	580	4	e	e	NOUN
ejge-4308	580	5	r	r	NOUN
ejge-4308	580	6	ca	can	AUX
ejge-4308	580	7	pi	pi	VERB
ejge-4308	580	8	ta	ta	PROPN
ejge-4308	580	9	g	g	PROPN
ejge-4308	580	10	ro	ro	PROPN
ejge-4308	580	11	w	w	X
ejge-4308	580	12	th	th	X
ejge-4308	580	13	r	r	NOUN
ejge-4308	580	14	a	a	DET
ejge-4308	580	15	te	te	PROPN
ejge-4308	580	16	(	(	PUNCT
ejge-4308	580	17	%	%	NOUN
ejge-4308	580	18	)	)	PUNCT
ejge-4308	580	19	-25	-25	PUNCT
ejge-4308	580	20	0	0	NUM
ejge-4308	580	21	25	25	NUM
ejge-4308	580	22	50	50	NUM
ejge-4308	580	23	75	75	NUM
ejge-4308	580	24	change	change	NOUN
ejge-4308	580	25	in	in	ADP
ejge-4308	580	26	private	private	ADJ
ejge-4308	580	27	debt	debt	NOUN
ejge-4308	580	28	to	to	ADP
ejge-4308	580	29	gdp	gdp	NOUN
ejge-4308	580	30	(	(	PUNCT
ejge-4308	580	31	%	%	INTJ
ejge-4308	580	32	)	)	PUNCT
ejge-4308	580	33	accumulated	accumulate	VERB
ejge-4308	580	34	over	over	ADP
ejge-4308	580	35	10	10	NUM
ejge-4308	580	36	years	year	NOUN
ejge-4308	580	37	-5	-5	VERB
ejge-4308	580	38	0	0	NUM
ejge-4308	580	39	5	5	NUM
ejge-4308	580	40	1	1	NUM
ejge-4308	580	41	0	0	NUM
ejge-4308	580	42	r	r	NOUN
ejge-4308	580	43	e	e	NOUN
ejge-4308	580	44	al	al	PROPN
ejge-4308	580	45	g	g	PROPN
ejge-4308	580	46	d	d	PROPN
ejge-4308	580	47	p	p	X
ejge-4308	580	48	p	p	X
ejge-4308	580	49	e	e	NOUN
ejge-4308	580	50	r	r	NOUN
ejge-4308	580	51	ca	can	AUX
ejge-4308	580	52	pi	pi	VERB
ejge-4308	580	53	ta	ta	PROPN
ejge-4308	580	54	g	g	PROPN
ejge-4308	580	55	ro	ro	PROPN
ejge-4308	580	56	w	w	X
ejge-4308	580	57	th	th	X
ejge-4308	580	58	r	r	NOUN
ejge-4308	580	59	a	a	DET
ejge-4308	580	60	te	te	PROPN
ejge-4308	580	61	(	(	PUNCT
ejge-4308	580	62	%	%	NOUN
ejge-4308	580	63	)	)	PUNCT
ejge-4308	580	64	-25	-25	PUNCT
ejge-4308	581	1	0	0	NUM
ejge-4308	581	2	25	25	NUM
ejge-4308	581	3	50	50	NUM
ejge-4308	581	4	75	75	NUM
ejge-4308	581	5	change	change	NOUN
ejge-4308	581	6	in	in	ADP
ejge-4308	581	7	private	private	ADJ
ejge-4308	581	8	debt	debt	NOUN
ejge-4308	581	9	to	to	ADP
ejge-4308	581	10	gdp	gdp	NOUN
ejge-4308	581	11	(	(	PUNCT
ejge-4308	581	12	%	%	INTJ
ejge-4308	581	13	)	)	PUNCT
ejge-4308	581	14	accumulated	accumulate	VERB
ejge-4308	581	15	over	over	ADP
ejge-4308	581	16	15	15	NUM
ejge-4308	581	17	years	year	NOUN
ejge-4308	581	18	-5	-5	VERB
ejge-4308	581	19	0	0	NUM
ejge-4308	581	20	5	5	NUM
ejge-4308	581	21	1	1	NUM
ejge-4308	581	22	0	0	NUM
ejge-4308	581	23	r	r	NOUN
ejge-4308	581	24	e	e	NOUN
ejge-4308	581	25	al	al	PROPN
ejge-4308	581	26	g	g	PROPN
ejge-4308	581	27	d	d	PROPN
ejge-4308	581	28	p	p	X
ejge-4308	581	29	p	p	X
ejge-4308	581	30	e	e	NOUN
ejge-4308	581	31	r	r	NOUN
ejge-4308	581	32	ca	can	AUX
ejge-4308	581	33	pi	pi	VERB
ejge-4308	581	34	ta	ta	PROPN
ejge-4308	581	35	g	g	PROPN
ejge-4308	581	36	ro	ro	PROPN
ejge-4308	581	37	w	w	X
ejge-4308	581	38	th	th	X
ejge-4308	581	39	r	r	NOUN
ejge-4308	581	40	a	a	DET
ejge-4308	581	41	te	te	PROPN
ejge-4308	581	42	(	(	PUNCT
ejge-4308	581	43	%	%	NOUN
ejge-4308	581	44	)	)	PUNCT
ejge-4308	581	45	-15	-15	PUNCT
ejge-4308	582	1	-5	-5	PUNCT
ejge-4308	582	2	5	5	NUM
ejge-4308	582	3	15	15	NUM
ejge-4308	582	4	25	25	NUM
ejge-4308	582	5	change	change	NOUN
ejge-4308	582	6	in	in	ADP
ejge-4308	582	7	total	total	ADJ
ejge-4308	582	8	debt	debt	NOUN
ejge-4308	582	9	to	to	ADP
ejge-4308	582	10	gdp	gdp	NOUN
ejge-4308	582	11	(	(	PUNCT
ejge-4308	582	12	%	%	INTJ
ejge-4308	582	13	)	)	PUNCT
ejge-4308	582	14	accumulated	accumulate	VERB
ejge-4308	582	15	over	over	ADP
ejge-4308	582	16	1	1	NUM
ejge-4308	582	17	year	year	NOUN
ejge-4308	582	18	-5	-5	NOUN
ejge-4308	582	19	0	0	NUM
ejge-4308	582	20	5	5	NUM
ejge-4308	582	21	1	1	NUM
ejge-4308	582	22	0	0	NUM
ejge-4308	582	23	r	r	NOUN
ejge-4308	582	24	e	e	NOUN
ejge-4308	582	25	al	al	PROPN
ejge-4308	582	26	g	g	PROPN
ejge-4308	583	1	d	d	PROPN
ejge-4308	583	2	p	p	X
ejge-4308	583	3	p	p	X
ejge-4308	583	4	e	e	NOUN
ejge-4308	583	5	r	r	NOUN
ejge-4308	583	6	ca	can	AUX
ejge-4308	583	7	pi	pi	VERB
ejge-4308	583	8	ta	ta	PROPN
ejge-4308	583	9	g	g	PROPN
ejge-4308	583	10	ro	ro	PROPN
ejge-4308	583	11	w	w	X
ejge-4308	583	12	th	th	X
ejge-4308	583	13	r	r	NOUN
ejge-4308	583	14	a	a	DET
ejge-4308	583	15	te	te	PROPN
ejge-4308	583	16	(	(	PUNCT
ejge-4308	583	17	%	%	NOUN
ejge-4308	583	18	)	)	PUNCT
ejge-4308	583	19	-50	-50	PUNCT
ejge-4308	583	20	-25	-25	PUNCT
ejge-4308	583	21	0	0	NUM
ejge-4308	583	22	25	25	NUM
ejge-4308	583	23	50	50	NUM
ejge-4308	583	24	change	change	NOUN
ejge-4308	583	25	in	in	ADP
ejge-4308	583	26	total	total	ADJ
ejge-4308	583	27	debt	debt	NOUN
ejge-4308	583	28	to	to	ADP
ejge-4308	583	29	gdp	gdp	NOUN
ejge-4308	583	30	(	(	PUNCT
ejge-4308	583	31	%	%	INTJ
ejge-4308	583	32	)	)	PUNCT
ejge-4308	583	33	accumulated	accumulate	VERB
ejge-4308	583	34	over	over	ADP
ejge-4308	583	35	5	5	NUM
ejge-4308	583	36	years	year	NOUN
ejge-4308	583	37	-5	-5	VERB
ejge-4308	583	38	0	0	NUM
ejge-4308	583	39	5	5	NUM
ejge-4308	583	40	1	1	NUM
ejge-4308	583	41	0	0	NUM
ejge-4308	583	42	r	r	NOUN
ejge-4308	583	43	e	e	NOUN
ejge-4308	583	44	al	al	PROPN
ejge-4308	583	45	g	g	PROPN
ejge-4308	583	46	d	d	PROPN
ejge-4308	583	47	p	p	X
ejge-4308	583	48	p	p	X
ejge-4308	583	49	e	e	NOUN
ejge-4308	583	50	r	r	NOUN
ejge-4308	583	51	ca	can	AUX
ejge-4308	583	52	pi	pi	VERB
ejge-4308	583	53	ta	ta	PROPN
ejge-4308	583	54	g	g	PROPN
ejge-4308	583	55	ro	ro	PROPN
ejge-4308	583	56	w	w	X
ejge-4308	583	57	th	th	X
ejge-4308	583	58	r	r	NOUN
ejge-4308	583	59	a	a	DET
ejge-4308	583	60	te	te	PROPN
ejge-4308	583	61	(	(	PUNCT
ejge-4308	583	62	%	%	NOUN
ejge-4308	583	63	)	)	PUNCT
ejge-4308	583	64	-25	-25	PUNCT
ejge-4308	584	1	0	0	NUM
ejge-4308	584	2	25	25	NUM
ejge-4308	584	3	50	50	NUM
ejge-4308	584	4	75	75	NUM
ejge-4308	584	5	change	change	NOUN
ejge-4308	584	6	in	in	ADP
ejge-4308	584	7	total	total	ADJ
ejge-4308	584	8	debt	debt	NOUN
ejge-4308	584	9	to	to	ADP
ejge-4308	584	10	gdp	gdp	NOUN
ejge-4308	584	11	(	(	PUNCT
ejge-4308	584	12	%	%	INTJ
ejge-4308	584	13	)	)	PUNCT
ejge-4308	584	14	accumulated	accumulate	VERB
ejge-4308	584	15	over	over	ADP
ejge-4308	584	16	10	10	NUM
ejge-4308	584	17	years	year	NOUN
ejge-4308	584	18	-5	-5	VERB
ejge-4308	584	19	0	0	NUM
ejge-4308	584	20	5	5	NUM
ejge-4308	584	21	1	1	NUM
ejge-4308	584	22	0	0	NUM
ejge-4308	584	23	r	r	NOUN
ejge-4308	584	24	e	e	NOUN
ejge-4308	584	25	al	al	PROPN
ejge-4308	584	26	g	g	PROPN
ejge-4308	584	27	d	d	PROPN
ejge-4308	584	28	p	p	X
ejge-4308	584	29	p	p	X
ejge-4308	584	30	e	e	NOUN
ejge-4308	584	31	r	r	NOUN
ejge-4308	584	32	ca	can	AUX
ejge-4308	584	33	pi	pi	VERB
ejge-4308	584	34	ta	ta	PROPN
ejge-4308	584	35	g	g	PROPN
ejge-4308	584	36	ro	ro	PROPN
ejge-4308	584	37	w	w	X
ejge-4308	584	38	th	th	X
ejge-4308	584	39	r	r	NOUN
ejge-4308	584	40	a	a	DET
ejge-4308	584	41	te	te	PROPN
ejge-4308	584	42	(	(	PUNCT
ejge-4308	584	43	%	%	NOUN
ejge-4308	584	44	)	)	PUNCT
ejge-4308	584	45	-30	-30	SYM
ejge-4308	584	46	0	0	NUM
ejge-4308	585	1	30	30	NUM
ejge-4308	585	2	60	60	NUM
ejge-4308	585	3	90	90	NUM
ejge-4308	585	4	change	change	NOUN
ejge-4308	585	5	in	in	ADP
ejge-4308	585	6	total	total	ADJ
ejge-4308	585	7	debt	debt	NOUN
ejge-4308	585	8	to	to	ADP
ejge-4308	585	9	gdp	gdp	NOUN
ejge-4308	585	10	(	(	PUNCT
ejge-4308	585	11	%	%	INTJ
ejge-4308	585	12	)	)	PUNCT
ejge-4308	585	13	accumulated	accumulate	VERB
ejge-4308	585	14	over	over	ADP
ejge-4308	585	15	15	15	NUM
ejge-4308	585	16	years	year	NOUN