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Bootstrap panel granger-causality between government budget and external deficits for the EU

Afonso, António; Rault, Christophe - 2009

period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … budget deficits to current account deficits for several EU countries: Bulgaria, Czech Republic, Estonia, Finland, France …

Persistent link: https://www.econbiz.de/10010264585

3-step analysis of public finances sustainability: the case of the European Union

Afonso, António; Rault, Christophe - European Central Bank - 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/10005530805

Budgetary and external imbalances relationship: a panel data diagnostic

Afonso, António; Rault, Christophe - European Central Bank - 2008

between the two imbalances for each country for the period 1970-2007, and for different EU and OECD country groupings. The …

Persistent link: https://www.econbiz.de/10005530943

Economic growth and budgetary components: a panel assessment for the EU

Afonso, António; Alegre, Juan - In: Empirical Economics 41 (2011) 3, pp. 703-723

Persistent link: https://www.econbiz.de/10009400107

Short and long-run behaviour of long-term sovereign bond yields

Afonso, António - 2010

This study assesses the short and long-run behaviour of long-term sovereign bond yields in OECD countries, for the period 1973-2008. We employ a dynamic panel approach to reflect financial and economic integration, and to increase the performance and accuracy of the tests. Given the existence of...

Persistent link: https://www.econbiz.de/10010274743

Spend-and-tax : a panel data investigation for the EU

Afonso, António; Rault, Christophe - 2009

, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend … Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a …

Persistent link: https://www.econbiz.de/10010276304

Pay and Unemployment Determinants of Migration Flows in the European Union

Afonso, António; Alves, José; Beck, Krzysztof - 2022

We analyze the migration drivers within the European Union countries. For a set of 23 EU countries over the 1995 … quantile regression results. Hence, human capital inside the EU is moving in search of higher cross-country earnings. …

Persistent link: https://www.econbiz.de/10014290041