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What do we really know about fiscal sustainability in the EU? A panel data diagnostic
Afonso, António; Rault, Christophe - HAL - 2007
We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically … revenues. While sustainability may be lacking in individual cases, fiscal policy was overall sustainable both for the EU15 …
Persistent link: https://www.econbiz.de/10008794354
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3-Step Analysis of Public Finances Sustainability: the Case of the European Union*
Afonso, António; Rault, Christophe - HAL - 2008
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10008794837
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What do we really know about fiscal sustainability in the EU?: a panel data diagnostic
Afonso, António; Rault, Christophe - 2008
We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically … revenues. While sustainability may be lacking in individual cases, fiscal policy was overall sustainable both for the EU15 …
Persistent link: https://www.econbiz.de/10010264310
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Should we care for structural breaks when assessing fiscal sustainability?
Afonso, António; Rault, Christophe - William Davidson Institute, University of Michigan - 2008
sustainability in the overall EU15 panel. …
Persistent link: https://www.econbiz.de/10005784610
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Spend spend-and and-tax: a panel data investigation for the EU
Afonso, António; Rault, Christophe - In: Economics Bulletin 29 (2009) 4, pp. 32-32
unit roots, we study the causality between government spending and revenue for the EU in the period 1960 1960-2006. We find … present for Germany, Belgium, Austria Finland and the UK, and for several EU New Member States. Moreover, in the run run-up to …
Persistent link: https://www.econbiz.de/10008562955
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What We Really Know about Fiscal Sustainability in the EU? A Panel Data Diagnostic.
Afonso, António; Rault, Christophe - ISEG - School of Economics and Management, Department … - 2007
We assess the sustainability of public finances in the EU15 over the period 1970-2006 using stationarity and … policy was sustainable both for the EU15 panel set, and within subperiods (1970-1991 and 1992-2006). …
Persistent link: https://www.econbiz.de/10005593005
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Should we Care for Structural Breaks When Assessing Fiscal Sustainability?
Afonso, António; Rault, Christophe - ISEG - School of Economics and Management, Department … - 2008
sustainability in the overall EU15 panel. …
Persistent link: https://www.econbiz.de/10005593048
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3-Step Analysis of Public Finances Sustainability: the Case of the European Union
Afonso, António; Rault, Christophe - CESifo - 2008
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10005406275
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What do we really Know about Fiscal Sustainability in the EU? A Panel Data Diagnostic
Afonso, António; Rault, Christophe - CESifo - 2008
We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically … revenues. While sustainability may be lacking in individual cases, fiscal policy was overall sustainable both for the EU15 …
Persistent link: https://www.econbiz.de/10005416479
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3-Step Analysis of Public Finances Sustainability: the Case of the European Union
Afonso, António; Rault, Christophe - ISEG - School of Economics and Management, Department … - 2008
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10005628443