Fig. 3From: Debt, economic growth, and interest rates: an empirical study of the Swiss case, presenting a new long-term dataset: 1894–2014Orthogonal impulse response functions with 95% bootstrap CI for all phases. Top: from \( {D}_t^{\mathrm{ln}} \) to \( {D}_t^{\mathrm{ln}} \) and \( {G}_t^{\mathrm{ln}} \). Bottom: from \( {G}_t^{\mathrm{ln}} \) to \( {D}_t^{\mathrm{ln}} \) and \( {G}_t^{\mathrm{ln}} \)Back to article page