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Bootstrap panel Granger-causality between government spending and revenue in the EU
Afonso, António; Rault, Christophe - William Davidson Institute, University of Michigan - 2009
, we study the causality between government revenue and spending for the EU in the period 1960-2006. Spend …, Austria, Finland and the UK, and for several EU New Member States. …
Persistent link: https://www.econbiz.de/10008529002
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What do we really know about fiscal sustainability in the EU? A panel data diagnostic
Rault, Christophe; Alfonso, Antonio - William Davidson Institute, University of Michigan - 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 sub-periods (1970-1991 and 1992-2006) …
Persistent link: https://www.econbiz.de/10005677525
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Should we care for structural breaks when assessing fiscal sustainability?
Afonso, António; Rault, Christophe - William Davidson Institute, University of Michigan - 2008
sustainability in the overall EU15 panel. …
Persistent link: https://www.econbiz.de/10005784610