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What do we really know about fiscal sustainability in the EU? A panel data diagnostic
Afonso, António; Rault, Christophe - 2007
We assess the sustainability of public finances in the EU15 over the period 1970-2006 using stationarity and … policy was sustainable both for the EU15 panel set, and within subperiods (1970-1991 and 1992-2006). …
Persistent link: https://www.econbiz.de/10011604866
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Business cycle synchronization and insurance mechanisms in the EU
Afonso, António; Furceri, Davide - 2007
In this paper we provide a positive exercise on past business-cycle correlations and risk sharing in the European Union, and on the ability of insurance mechanisms and fiscal policies to smooth income fluctuations. The results suggest in particular that while some of the new Member States have...
Persistent link: https://www.econbiz.de/10011604890
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What do we really know about fiscal sustainability in the EU? : A panel data diagnostic
Afonso, António (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003602785
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Should we care for structural breaks when assessing fiscal sustainability?
Afonso, António (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003602933
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What do we really know about fiscal sustainability in the EU? : a panel data diagnostic
Afonso, António (contributor);  … - 2007
We assess the sustainability of public finances in the EU15 over the period 1970-2006 using stationarity and … policy was sustainable both for the EU15 panel set, and within subperiods (1970-1991 and 1992-2006) …
Persistent link: https://www.econbiz.de/10003599308
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Business cycle synchronization and insurance mechanisms in the EU
Afonso, António (contributor); Furceri, Davide (contributor) - 2007
In this paper we provide a positive exercise on past business-cycle correlations and risk sharing in the European Union, and on the ability of insurance mechanisms and fiscal policies to smooth income fluctuations. The results suggest in particular that while some of the new Member States have...
Persistent link: https://www.econbiz.de/10003599656
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The determinants of sovereign bond yield spreads in the EMU
Afonso, António; Arghyrou, Michael Georgiou; … - 2015
Persistent link: https://www.econbiz.de/10010516528
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On the time-varying relationship between EMU sovereign spreads and their determinants
Afonso, António; Arghyrou, Michael Georgiou; … - 2013
Persistent link: https://www.econbiz.de/10009722395
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The determinants of sovereign bond yield spreads in the EMU
Afonso, António; Arghyrou, Michael Georgiou; … - 2012
Persistent link: https://www.econbiz.de/10009722675
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Euro area sovereign debt crisis and debt mutualisation
Afonso, António; Alcântara, Marcelo - 2016
Persistent link: https://www.econbiz.de/10011549292