The aim of the study is to assess fiscal sustainability in the Czech Republic, Hungary and Poland and to test for … conducted using unit root tests and cointegration analysis with possible structural breaks. The approach is consistent with so …

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 …

panel data econometric estimators, this article examines the issue of fiscal sustainability for a group of 10 Caribbean … countries over the period 1991-2017. The evidence from panel co-integration models of government revenue and expenditure shows … that past fiscal behavior is “weakly” sustainable. The “weak sustainability” finding is reinforced by evidence from an …

We assess the sustainability of public finances in OECD countries, over the period 1970-2010, using unit root and … cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration … – absence of sustainability – between government revenues and expenditures for most countries (except for Austria, Canada …

We assess the sustainability of public finances in OECD countries, over the period 1970-2010, using unit root and … cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration … – absence of sustainability – between government revenues and expenditures for most countries (except for Austria, Canada …

The recent euro area sovereign debt crisis has shown the importance of market reactions for the sustainability of debt …

This paper critically reviews recent work regarding the sustainability of public debt. It argues that Debt … Sustainability Analyses (DSAs) should be more than mere mechanical simulation exercises. Instead, a DSA should be linked to some …