Magazzino, Cosimo; Mutascu, Mihai - In: Journal of Economic Structures 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 Italy....