This study examines the fiscal sustainability of SAARC and Asian Growth-Triangle countries using Fisher and IPS tests … of panel unit root and Pedroni test of panel cointegration. The tests are applied to the relationships, in terms of GDP …

This paper provides new evidence on the sustainability of public finances in German states (Laender) by exploiting a … newly compiled database covering the years 1950 - 2011. Unlike previous studies on Germany, we analyze fiscal sustainability … by applying "gsecond generation" panel cointegration techniques. A unique identification strategy for the selection of …

primary balance. The sustainability exercise also showed that fiscal policy is sustainable. However, it is found that this … sustainability was not a result of appropriate fiscal policy. While factors outside of the Governments control worsened the primary …

Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are … market confidence, bringing about a reduction in yield spreads? We employ a new panel data set which contains sovereign yield …

We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We … conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and …-varying coefficients, we find that fiscal sustainability increases with growth, fiscal balances and fiscal rules indices, and decreases …

We assess the drivers of fiscal sustainability in 20 OECD economies between 1950 and 2019. We find stable long … for the full panel. Performing an expanding window analysis, we conclude that the differential between the long-term real … interest rate and the real GDP growth rate (r-g) plays a crucial role in fiscal sustainability, as well as the existence of …