Fig. 6From: 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 \( {D}_t^{\mathrm{ln}} \) on \( {D}_t^{\mathrm{ln}} \) and Ot. Bottom: from Ot on \( {D}_t^{\mathrm{ln}} \) and OtBack to article page