transfers. Using panel data techniques we investigate whether the debt-to-GDP ratio had a positive influence on the primary …

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 debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …

We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We … conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and …-varying coefficients, we find that fiscal sustainability increases with growth, fiscal balances and fiscal rules indices, and decreases …

We assess the drivers of fiscal sustainability in 20 OECD economies between 1950 and 2019. We find stable long … for the full panel. Performing an expanding window analysis, we conclude that the differential between the long-term real … interest rate and the real GDP growth rate (r-g) plays a crucial role in fiscal sustainability, as well as the existence of …

public debt ratio, indicating a Ricardian fiscal regime. Furthermore, in a panel framework: (ii) the response of revenues to … method, we find that (v) fiscal sustainability coefficients are higher the higher the lagged public debt ratios, fiscal rule …

In this paper we analyze the sustainability of public finances in the states (Laender) of the Federal Republic of … and 1991 to 2011 for East German Laender, respectively. In order to assess the fiscal sustainability of the (Laender) we … strict fiscal sustainability in most of the 16 German Laender. A notable exception to this finding is Bavaria. …

In this paper, I demonstrate that an indicator which is commonly used to assess the long-term fiscal sustainability of … than the growth rate of GDP. I illustrate this finding based on simulations prepared for the Fifth Sustainability Report … sustainability, e.g., through demographic ageing. …

sustainability outcomes? We approach this question by looking at the evolution of fiscal sustainability in Poland, which is an … fiscal sustainability in Poland has significantly improved in the post-crisis period of 2009-2017: we detect both improvement … of the fiscal sustainability parameters and structural breaks in the fiscal outcomes after the crisis. Namely, in …

estimate individual fiscal reaction functions for each canton and for the panel of cantons as a whole. Using second generation … panel-modelling and thus accounting for heterogeneity in cantonal fiscal policy, structural breaks and cross …

Through fiscal reaction functions, we investigate fiscal sustainability for five European country-group panels and … between 1990 and 2021, we identify evidence of average compliance with sustainability restrictions among Eurozone nations …