analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the … 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 …

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 … anecdotal his‐torical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and …

growth of its debt-GDP ratio close to its sustainability level over a long period, Japan has slipped away towards non-sustainability …. This is due to the behaviour of primary balance to GDP ratio. The estimated debt sustainability thresholds are 62.0% for … Germany and 176.0% of GDP for Japan. In the post Covid years, Germany would converge back to its debt sustainability level …

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 …-run relation between expenditures and revenues in a cointegration analysis within each Land. The results provide evidence against …

We analyze the sustainability of public finances in the 16 states (Laender) of the Federal Republic of Germany using an … explore their long‐run relation in cointegration analyses for each Land we extend the existing literature. The results provide … 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 … by applying "gsecond generation" panel cointegration techniques. A unique identification strategy for the selection of …