Gómez-Puig, MartaSosvilla Rivero, Simón Javier2023-06-172023-06-1720181466-429110.1080/13504851.2017.1349284https://hdl.handle.net/20.500.14352/19015This article uses the DCC-generalized autoregressive conditional heteroskedasticity model to investigate the existence of time-varying correlations between public debt and economic growth. To that end, we use annual data from both central and peripheral countries of the euro area for the period 1961–2015. The results suggest that the relationships between these variables are time-varying and that in some countries and for some periods, there is a positive association between them.engjournal articlehttps://doi.org/10.1080/13504851.2017.1349284open accessC22F33H63O40O52Public debtEconomic growthTime-varying approachDCCEuro areaDesarrollo económicoEconometría (Economía)Economía internacionalEconomía pública5307.03 Modelos y Teorías del desarrollo Económico5307.04 Estudios del desarrollo Económico5302 Econometría5310 Economía Internacional