spending over the business cycle while remaining consistent with public debt sustainability. Under the proposed framework, a …

judgments about the fiscal sustainability of publicly funded healthcare. At the same time, the variation in experience in …

sustainability for each of the G-7 countries using two standard primary gap indicators. The estimated fiscal adjustment required to … ensure long-run fiscal sustainability is substantial for all G-7 countries. In particular, ensuring fiscal sustainability … adjustment required to achieve long-run fiscal sustainability in G-7 countries is large, there are significant growth benefits to …

Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This …-age-related expenditure growth. Specifically, under realistic assumptions, the belt-tightening required to maintain fiscal sustainability …

This paper assesses the fiscal sustainability hypothesis for 10 Central and Eastern European countries (CEEC) between … the sustainability hypothesis. As a next step, we discriminate between structural and cyclical components of revenues and … have a long-run relationship however with a slope coefficient less than unity which implies sustainability in the weaker …

of advanced countries prove the fiscal sustainability while social spending rising? We conducted panel cointegration …, Netherlands, and Norway, with their individual time-series data, the fiscal sustainability of social spending is shown to maintain … by these countries. The fiscal sustainability between tax revenues and social spending has been found to maintain by the …

We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries … the input efficiency scores obtained, countries’ fiscal balance and fiscal sustainability is directly improved by the use … revenues, which also improves fiscal sustainability. Specifically, rationalising public expenditures without jeopardising the …