particular attention to long-run trends by applying a battery of unit root and cointegration techniques to the data, and we use a …

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 …

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 …

This study focuses on the empirical tests for the sustainability and solvency of fiscal policies in Algeria using a …

This study focuses on the empirical tests for the sustainability and solvency of fiscal policies in Algeria using a …

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 …

: Fiscal sustainability and Wagner's law of an increasing state activity. In this paper, we argue that these two relationships … should be analyzed simultaneously and not separately. We show how Wagner's law might influence fiscal sustainability and how … results indicate sustainability of public finances only until 1973. We show that, for the period after 1973, it is the …

The literature on long-term relationships in public finance is dominated by two approaches: fiscal sustainability and … public expenditures, revenues, and GDP. For Germany, we show that since 1973 the sustainability of public finances has been …

: Fiscal sustainability and Wagner's law of an increasing state activity. In this paper, we argue that these two relationships … should be analyzed simultaneously and not separately. We show how Wagner's law might influence fiscal sustainability and how … results indicate sustainability of public finances only until 1973. We show that, for the period after 1973, it is the …