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3-step analysis of public finances sustainability : the case of the European Union
Afonso, António; Rault, Christophe - 2008
Persistent link: https://www.econbiz.de/10010376812
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Government indebtedness and European consumers behaviour
Afonso, António (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001625850
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‘Whatever It Takes’ to Resolve the European Sovereign Debt Crisis? Bond Pricing Regime Switches and Monetary Policy Effects
Afonso, António - 2017
This paper investigates the role of unconventional monetary policy as a source of time-variation in the relationship between sovereign bond yield spreads and their fundamental determinants. Our results provide evidence of a new bond-pricing regime following the announcement of the Outright...
Persistent link: https://www.econbiz.de/10012943161
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3-Step Analysis of Public Finances Sustainability : The Case of the European Union
Afonso, António - 2008
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10012770443
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Fiscal behaviour in the European Union : rules, fiscal decentralization and government indebtedness
Afonso, António; Hauptmeier, Sebastian - 2009
Persistent link: https://www.econbiz.de/10011571872