Fiscal sustainability : a panel assessment for advanced economies
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/8143 |
Resumo: | We assess the sustainability of public finances in OECD countries using panel unit root and cointegration analyses. Results show: no cointegration (no sustainability) between revenues and expenditures; improvement of the primary balances after worsening debt ratios; causality from government debt to primary balances. |
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Fiscal sustainability : a panel assessment for advanced economiesDebtPrimary BalanceStationarityPanel AnalysisFMOLSWe assess the sustainability of public finances in OECD countries using panel unit root and cointegration analyses. Results show: no cointegration (no sustainability) between revenues and expenditures; improvement of the primary balances after worsening debt ratios; causality from government debt to primary balances.ISEG – Departamento de EconomiaRepositório da Universidade de LisboaAfonso, AntónioJalles, João Tovar2015-03-11T16:36:10Z20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/8143engAfonso, António e João Tovar Jalles .2015. "Fiscal sustainability : a panel assessment for advanced economies ". Instituto Superior de Economia e Gestão. DE Working papers nº 5-2015/DE/UECE2183-1815info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:38:47Zoai:www.repository.utl.pt:10400.5/8143Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:55:12.182113Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Fiscal sustainability : a panel assessment for advanced economies |
title |
Fiscal sustainability : a panel assessment for advanced economies |
spellingShingle |
Fiscal sustainability : a panel assessment for advanced economies Afonso, António Debt Primary Balance Stationarity Panel Analysis FMOLS |
title_short |
Fiscal sustainability : a panel assessment for advanced economies |
title_full |
Fiscal sustainability : a panel assessment for advanced economies |
title_fullStr |
Fiscal sustainability : a panel assessment for advanced economies |
title_full_unstemmed |
Fiscal sustainability : a panel assessment for advanced economies |
title_sort |
Fiscal sustainability : a panel assessment for advanced economies |
author |
Afonso, António |
author_facet |
Afonso, António Jalles, João Tovar |
author_role |
author |
author2 |
Jalles, João Tovar |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Afonso, António Jalles, João Tovar |
dc.subject.por.fl_str_mv |
Debt Primary Balance Stationarity Panel Analysis FMOLS |
topic |
Debt Primary Balance Stationarity Panel Analysis FMOLS |
description |
We assess the sustainability of public finances in OECD countries using panel unit root and cointegration analyses. Results show: no cointegration (no sustainability) between revenues and expenditures; improvement of the primary balances after worsening debt ratios; causality from government debt to primary balances. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015-03-11T16:36:10Z 2015 2015-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/8143 |
url |
http://hdl.handle.net/10400.5/8143 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Afonso, António e João Tovar Jalles .2015. "Fiscal sustainability : a panel assessment for advanced economies ". Instituto Superior de Economia e Gestão. DE Working papers nº 5-2015/DE/UECE 2183-1815 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG – Departamento de Economia |
publisher.none.fl_str_mv |
ISEG – Departamento de Economia |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131029979529216 |