, vulnerability, and resilience shocks. Results show that natural disasters weaken fiscal sustainability, particularly in emerging and … public accounts. Local projections reveal that fiscal sustainability deteriorates significantly in the medium term after …

coefficients for the EU for 27 economies between 2001Q4 and 2022Q3. While fiscal sustainability coefficients derive from the … geopolitical tensions are much stronger on external accounts' sustainability than on fiscal sustainability. The magnitude of GPR …

Economies between 2001Q4 and 2022Q3. To do so, we first estimate a country-specific time-varying measure of fiscal … sustainability, through the cointegration between government revenues and expenditures, and of external sustainability, derived from …

This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … offer significant policy insights for fiscal sustainability in varied administrative contexts. …

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 …

This paper studies the impact of monetary policy on fiscal sustainability in the euro area. Our sample includes 12 euro … expansionary. Our findings suggest that expansionary monetary policy has the potential to help fiscal sustainability, and …

arrest the increase in the debt-to-GDP ratio and regain fiscal sustainability, and if so, why did they fail? Establishing … fiscal sustainability can be done directly or indirectly. Doing it directly entails the government increasing the primary … weakens. Some evidence for the presence of fiscal fatigue is present. One indirect approach to establishing fiscal …

term structure of public debt on fiscal sustainability. We adopt the widely used backward-looking measure of fiscal … sole factor explaining the negative impact of longer maturity of public debt on fiscal sustainability. … sustainability – fiscal responsiveness as proposed by Bohn (1998). Using data from De Graeve and Mazzolini (2023) and focusing on a …