Two main contributions to literature on foreign direct investment (FDI) and economic growth
are made in this paper. First, the paper examines the effect of FDI on economic growth for 44 …

In this paper, we propose a test to investigate the null of cointegration allowing for structural
breaks of unknown form in deterministic trend by using the Fourier form. The test is …

We assess the sustainability of public finances in OECD countries, over the period 1970-
2010, using unit root and cointegration analysis, both country and panel based, controlling …

In this paper we analyse the relationship between public primary deficit and debt for Italian
sustainability over the 1862–2013 years. Our empirical strategy uses the wavelet analysis …

Whether or not a government deficit is sustainable has important implications for policy. If the
debt of a nation is sustainable, then it implies that the government should have no incentive …

In this paper, we analyze the relationship between government expenditures and revenues
for Italy over the period 1862–2013. The analysis of the expenditures-revenues nexus is …

The objective of this paper is to examine the government revenue and expenditure
relationship in the context of what is known as the soft and hard budget constraint strategy …

Bütçe açıklarının sürdürülebilirliği, birçok ülke için, en önemli makroekonomik sorunlardan
biridir. Yunanistan, İtalya, İspanya, Portekiz ve İrlanda ekonomilerinin sarsılmasının temel …

We assess the sustainability of public finances in OECD countries using unit root and
cointegration analysis, controlling for endogenous breaks. Results deem fiscal sustainability …

We investigate the sustainability of fiscal policy in a set of 19 countries by taking a longer-run
secular perspective over the period 1880–2009. Via a systematic analysis of the stationarity …