Showing 81 - 90 of 62,121
This paper examines the growing gap between the theoretical and empirical growth literature and policy needs of the developing economies. Growth literature has focused mainly on long term growth outcomes, but policy makers of the developing economies need rapid improvements in the short to...
Persistent link: https://www.econbiz.de/10008558635
obtained for a group of 17 OECD countries point to weak fiscal sustainability, as well as to the existence of cointegration …In this paper we unify the traditional approaches to testing for fiscal sustainability considering the stock …-flow system that fiscal variables configure. Our approach encompasses previous ways of testing for sustainability. The results …
Persistent link: https://www.econbiz.de/10010692155
obtained for a group of 17 OECD countries point to weak fiscal sustainability, as well as to the existence of cointegration …In this paper we unify the traditional approaches to testing for fiscal sustainability considering the stock …-flow system that fiscal variables configure. Our approach encompasses previous ways of testing for sustainability. The results …
Persistent link: https://www.econbiz.de/10010692407
for a group of 17 OECD countries point to weak …scal sustainability, as well as to the existence of cointegration between …In this paper we unify the traditional approaches to testing for …s- cal sustainability considering the stock-ow system … sustainability and whether, simultaneously, they try to stabilize real debt target levels. …
Persistent link: https://www.econbiz.de/10010764580
obtained for a group of 17 OECD countries point to weak fiscal sustainability, as well as to the existence of cointegration …In this paper we unify the traditional approaches to testing for fiscal sustainability considering the stock …-flow system that fiscal variables configure. Our approach encompasses previous ways of testing for sustainability. The results …
Persistent link: https://www.econbiz.de/10010773004
We re-examine the issue of the twin deficits hypothesis since recent theoretical and empirical analysis suggests that this hypothesis is subject to structural shifts, the identification of which is very important for policymakers in order to take the correct decisions to overcome situations of...
Persistent link: https://www.econbiz.de/10010573833
particular attention to long-run trends by applying a battery of unit root and cointegration techniques to the data, and we use a …
Persistent link: https://www.econbiz.de/10010711123
This study focuses on the empirical tests for the sustainability and solvency of fiscal policies in Algeria using a …
Persistent link: https://www.econbiz.de/10013288261
This study focuses on the empirical tests for the sustainability and solvency of fiscal policies in Algeria using a …
Persistent link: https://www.econbiz.de/10012145389
This article attempts to re-evaluate the sustainability of the fiscal deficit as well as the long-run macroeconomic … insolvency; Italy, Greece and Spain. The empirical analysis uses annual data from 1970 to 2010 and employs various cointegration …
Persistent link: https://www.econbiz.de/10010703102