public debt ratio, indicating a Ricardian fiscal regime. Furthermore, in a panel framework: (ii) the response of revenues to … method, we find that (v) fiscal sustainability coefficients are higher the higher the lagged public debt ratios, fiscal rule …

We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … estimate to estimate a country-specific time-varying measure of fiscal sustainability using the fiscal reaction function. This … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …

We assess the drivers of fiscal sustainability in Portugal during the period 1999Q4-2021Q4. We resort to expanding … maturity were beneficial for fiscal sustainability. Sovereign debt rating downgrades implied a posterior fiscal reaction that … improves fiscal sustainability. Moreover, fiscal sustainability increased during the implementation of the international …

Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are … market confidence, bringing about a reduction in yield spreads? We employ a new panel data set which contains sovereign yield …

(namely fiscal rules) have successfully contributed to greater fiscal sustainability, reduced procyclicality of fiscal …

We assess the link between fiscal sustainability coefficients, namely the responses of the primary government balance … sustainability by positively influencing the responsiveness of the primary and global government balances; the responses of the …-relationship between the fiscal sustainability coefficients. …

We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We … conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and …-varying coefficients, we find that fiscal sustainability increases with growth, fiscal balances and fiscal rules indices, and decreases …

panel data econometric estimators, this article examines the issue of fiscal sustainability for a group of 10 Caribbean … countries over the period 1991-2017. The evidence from panel co-integration models of government revenue and expenditure shows … that past fiscal behavior is “weakly” sustainable. The “weak sustainability” finding is reinforced by evidence from an …

We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We … conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and …-varying coefficients, we find that fiscal sustainability increases with growth, fiscal balances and fiscal rules indices, and decreases …