We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We …-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 … interest rate and the real GDP growth rate (r-g) plays a crucial role in fiscal sustainability, as well as the existence of … fiscal rules on sustainability coefficients à la Hakkio and Rush (1991) and Bohn (1998) are heterogenous. Furthermore, before …

specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …

We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We …-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 Portugal during the period 1999Q4-2021Q4. We resort to expanding … maturity were beneficial for fiscal sustainability. Sovereign debt rating downgrades implied a posterior fiscal reaction that … improves fiscal sustainability. Moreover, fiscal sustainability increased during the implementation of the international …

method, we find that (v) fiscal sustainability coefficients are higher the higher the lagged public debt ratios, fiscal rule …

sustainability outcomes? We approach this question by looking at the evolution of fiscal sustainability in Poland, which is an … fiscal sustainability in Poland has significantly improved in the post-crisis period of 2009-2017: we detect both improvement … of the fiscal sustainability parameters and structural breaks in the fiscal outcomes after the crisis. Namely, in …

The sustainability of fiscal deficits has been receiving increasing attention. The issue is paramount for the newly … formed euro area and this is one of the motivations of this paper. In order to assess the sustainability of budget deficits …