Magazzino, Cosimo; Mutascu, Mihai - In: Journal of economic structures : JES; the official … 8 (2019) 19, pp. 1-13
In this paper, we analyse the relationship between public primary deficit and debt for Italian sustainability over the 1862–2013 years. Our empirical strategy uses the wavelet analysis. The empirical evidence suggests the presence of a substantial fiscal sustainability in the long run for...