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

We assess the sustainability of public finances in the EU-15 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 t...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Rault, Christophe (author)
Format: article
Language:eng
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10400.5/25624
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25624