Fiscal sustainability : a panel assessment for advanced economies

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2015
Outros Autores: Jalles, João Tovar
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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spelling 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 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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