and cointegration tests for federal revenues and expenditures, taking into account a structural shift in the budgetary … process related to World War II. We find sustainability over the entire period. However, splitting the sample into two sub …-samples before and after World War II, the results do much less support sustainability. Finally, applying the tax smoothing model of …

and cointegration tests for federal revenues and expenditures, taking into account a structural shift in the budgetary … process related to World War II. We find sustainability over the entire period. However, splitting the sample into two sub …-samples before and after World War II, the results do much less support sustainability. Finally, applying the tax smoothing model of …

The aim of the study is to assess fiscal sustainability in the Czech Republic, Hungary and Poland and to test for … conducted using unit root tests and cointegration analysis with possible structural breaks. The approach is consistent with so …

The aim of the study is to assess fiscal sustainability in the Czech Republic, Hungary and Poland and to test for … conducted using unit root tests and cointegration analysis with possible structural breaks. The approach is consistent with so …

The aim of the study is to assess fiscal sustainability in the Czech Republic, Hungary and Poland and to test for … conducted using unit root tests and cointegration analysis with possible structural breaks. The approach is consistent with so …

for a group of 17 OECD countries point to weak …scal sustainability, as well as to the existence of cointegration between …In this paper we unify the traditional approaches to testing for …s- cal sustainability considering the stock-ow system … sustainability and whether, simultaneously, they try to stabilize real debt target levels. …

obtained for a group of 17 OECD countries point to weak fiscal sustainability, as well as to the existence of cointegration …In this paper we unify the traditional approaches to testing for fiscal sustainability considering the stock …-flow system that fiscal variables configure. Our approach encompasses previous ways of testing for sustainability. The results …

obtained for a group of 17 OECD countries point to weak fiscal sustainability, as well as to the existence of cointegration …In this paper we unify the traditional approaches to testing for fiscal sustainability considering the stock …-flow system that fiscal variables configure. Our approach encompasses previous ways of testing for sustainability. The results …

obtained for a group of 17 OECD countries point to weak fiscal sustainability, as well as to the existence of cointegration …In this paper we unify the traditional approaches to testing for fiscal sustainability considering the stock …-flow system that fiscal variables configure. Our approach encompasses previous ways of testing for sustainability. The results …