We assess the cointegration relationship between current account and budget balances, and effective real exchange rates …, using recent bootstrap panel cointegration techniques and SUR methods. We investigate the magnitude of the relationship … panel cointegration tests used allow for within and between correlation, while the SUR results show both positive and …

We assess the cointegration relationship between current account and budget balances, and effective real exchange rates …, using recent bootstrap panel cointegration techniques and SUR methods. We investigate the magnitude of the relationship … panel cointegration tests used allow for within and between correlation, while the SUR results show both positive and …

In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and … error-correction frameworks. Unlike the previous empirical papers in this area, we apply the test for panel cointegration … between the primary budget deficit and the public debt defined in GDP ratios. Based on the cointegration test results, we …

and cointegration tests for federal revenues and expenditures, taking into account a structural shift in the budgetary …

in 50 countries: Tests of cointegration and structural breaks, 2002) by employing bounds tests to level relationships and …

gesprochen werden. Ebensowenig stellen die Überschüsse in der deutschen und der japanischen Leistungsbilanz Ungleichgewichte dar …

Leistungsbilanz geht. …