Showing 1 - 6 of 6
We assess the link between fiscal sustainability coefficients, namely the responses of the primary government balance and the global government balance to the debt-to-GDP ratio, and the response of government revenues to government expenditures. For 22 OECD developed countries we use annual data...
Persistent link: https://www.econbiz.de/10013494178
We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we estimate to estimate a country-specific time-varying measure of fiscal sustainability using the fiscal reaction function. This function captures the response of the primary...
Persistent link: https://www.econbiz.de/10014444867
We assess the specific need (or its absence) of a country to implement a fiscal consolidation programme by focusing specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a primary balance above or below the...
Persistent link: https://www.econbiz.de/10012938962
We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries …
Persistent link: https://www.econbiz.de/10013187684
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel …
Persistent link: https://www.econbiz.de/10014543839
-step approach to assess the impact of fiscal and external sustainability on sovereign risk dynamics for a panel of 27 European …
Persistent link: https://www.econbiz.de/10014486806