debt crisis has prompted a fundamental re-evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt-to-GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the …

anecdotal historical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and … rejection of the hypothesis of fiscal sustainability for the period from 1950 to 2010. This evidence leads to the conclusion … to ensure that fiscal consolidation actually takes place - for the sake of public debt sustainability.  …

debt crisis has prompted a fundamental re-evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt-to-GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the …

rather privileged groups of the insured. These measures endanger the sustainability of the German pension system and will …

We analyze the sustainability of public finances in the 16 states (Laender) of the Federal Republic of Germany using an … evidence against strict fiscal sustainability in a majority of German Laender. A notable exception to this finding is Bavaria. …

This paper provides new evidence on the sustainability of public finances in German states (Laender) by exploiting a … newly compiled database covering the years 1950 - 2011. Unlike previous studies on Germany, we analyze fiscal sustainability …