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-run relation between expenditures and revenues in a cointegration analysis within each Land. The results provide evidence against …
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explore their long‐run relation in cointegration analyses for each Land we extend the existing literature. The results provide …
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debt and its ratio to GDP. Second, exploiting unit root analysis and cointegration, we test for the sustainability of … budget constraint ; unit roots ; cointegration ; fiscal sustainability ; economic history …
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analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the …
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by applying "gsecond generation" panel cointegration techniques. A unique identification strategy for the selection of … sub-panels improves the robustness of panel cointegration tests and reveals that Laender finances are hardly sustainable. …
Persistent link: https://www.econbiz.de/10010388585