reduced or maintained their fiscal vulnerability to resource shocks, while their long-term fiscal sustainability positions …

In the literature regarding fiscal sustainability, the Domar condition and Bohn's condition are often used to check … in order to achieve fiscal sustainability, both sides of the Japanese government budget (expenditure and revenue) must be …

analyzes the risk of “social dominance”, where social expenditures dominate fiscal policy, and undermine growth and fiscal … sustainability. We scrutinize this risk by analyzing drivers of social expenditures and their interaction with other fiscal variables …

In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross …-national public finance data of the German Laender between 1950 and 2015 and find that their fiscal policy only partly meets fiscal … sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing …

In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross …-national public finance data of the German Laender between 1950 and 2015 and find that their fiscal policy only partly meets fiscal … sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing …

In this paper, we extend Henning Bohn’s (2008) fiscal sustainability test by allowing for slope heterogeneity and cross …-national public finance data of the German Laender between 1950 and 2015 and find that their fiscal policy only partly meets fiscal … sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing …

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 …

In the literature regarding fiscal sustainability, the Domar condition and Bohn's condition are often used to check … in order to achieve fiscal sustainability, both sides of the Japanese government budget (expenditure and revenue) must be …