... Bank, IMF and Bank of Ghana databases. We further employ a Bayesian linear regression model to enhance the robustness of the analysis. Findings The results depict that public debt relates negatively with GDP, inflation and trade balance, but it relates positively with unemployment. All fiscal...

... between public debt and economic growth over time. Design/methodology/approach The paper uses a dynamic multivariate autoregressive-distributed lag (ARDL)-based Granger-causality model to test the causal relationships between public debt and economic growth [gross domestic product (GDP)]. Annual time...