Time series related to fiscal and external deficits are commonly subjected to stationarity and
cointegration tests to assess if the deficits are sustainable. Such tests are incapable of …

The sustainability of fiscal deficits has been receiving increasing attention. The issue is
paramount for the newly formed euro area, and that is one of the motivations of this paper. In …

We assess the sustainability of public finances in the EU-15 over the period 1970–2006
using stationarity and cointegration analysis. Specifically, we use panel unit root tests of the …

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 …

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 …

Özet Bu çalışmanın amacı birim kök testi, eş-bütünleşme testi, çoklu doğrusal regresyon gibi
farklı ekonometrik yöntemler kullanarak Türkiye'de 1975-2007 döneminde mali …

Purpose Given the persistence of low oil prices and the continued shrinking of government
revenues, Gulf Cooperation Council (GCC) countries continue to adapt to the new normal of …

This paper develops empirical methods of assessing the sustainability and feasibility of
public debt under the No Ponzi Game (NPG) criterion, using the Philippines as the testing …

In this work, we analyze fiscal sustainability for 26 EU and PIIGS countries in terms of Bohn's
(2008) approach. In this context, we use primary surplus-to-GDP, public debt-to-GDP …

Since the mid-1990s, sustainability of large and persistent current account positions have
been attracting much attention from policy makers and economists alike. Alongside global …