Fiscal sustainability, fiscal reactions, pitfalls and determinants

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 one-period lagged public debt-to- GDP ratio; and public...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Coelho, José Carlos (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2022
Assuntos:
fiscal sustainability
budget balance
public debt
panel data
time-varying coefficients
Eurozone
sovereign ratings
Texto completo:http://hdl.handle.net/10400.5/23873
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/23873

Texto Completo

http://hdl.handle.net/10400.5/23873

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