Bartoletto, Silvana; Chiarini, Bruno; Marzano, Elisabetta - 2012
the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy …The recent fears of a sovereign debt crisis have spurred interest in the sustainability of public debt. There are two … different approaches to the assessment of sustainability: the use of sustainability gap indicators (Blanchard et al., 1990) and …