Threshold Effects in the Us Budget Deficit

We contribute to the debate on whether the US large federal budget deficits are sustainable in the long run. We model the US government deficit per capita as a threshold autoregressive process. We find evidence that the US budget deficit is sustainable in the long run and that economic policymakers will only intervene to reduce per capita deficit when it reaches a certain threshold

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Year of publication:	2005
Authors:	Arestis, Philip ; Cipollini, Andrea ; Fattouh, Bassam
Publisher:	[S.l.] : SSRN
Subject:	Haushaltsdefizit \| Budget deficit \| Öffentliche Schulden \| Public debt

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Extent:	1 Online-Ressource (22 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 2002 erstellt
Other identifiers:	10.2139/ssrn.410820 [DOI]
Classification:	C32 - Time-Series Models ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014084453