What we really know about fiscal sustainability in the EU? A panel data diagnostic

We assess the sustainability of public finances in the EU15 over the period 1970-2006 using stationarity and cointegration analysis. Specifically, we use panel unit root tests of the first and second generation allowing in some cases for structural breaks. We also apply modern panel cointegration te...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Rault, Christophe (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2010
Assuntos:
Intertemporal Budget Constraint
Fiscal Sustainability
EU
Panel Unit Root
Panel Cointegration
Texto completo:http://hdl.handle.net/10400.5/2591
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2591

Texto Completo

http://hdl.handle.net/10400.5/2591

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