Ensuring fiscal sustainability in the Member States of the European Union has become an extremely important goal in the current economic context. The formulation of appropriate policies can lead to fiscal consolidation, and the manifestation of a fiscal shock with direct implications on national...

In this paper, based on a quarterly dataset of G7 countries with the application of a nonlinear ARDL model we test for the presence of a short-run and long-term asymmetry in the relationship between government spending and economic activity. The main aim of this study is to analyze the...

This paper investigated the dynamic relationships among non-oil revenue, government spending and economic growth in Nigeria for the period of 1981 to 2015. After establishing a long run relationship among the variables, the error correction model, impulse responses were estimated as well as the...