To assess the ultimate causal flow between monetary policy indicators, fiscal sustainability
and economic growth has been deeply studied in the literature. However, this issue is still …

This paper explores the debt threshold for fiscal sustainability assessment for 14 emerging
economies during the period 1999–2016. The threshold point is identified as the level …

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

In this paper, the dynamics of debt-to-GDP ratio is analyzed for three countries with long
fiscal records: Sweden, the UK and the US. A novel procedure of testing for recurrent …

We assess the drivers of fiscal sustainability in Portugal during the period 1999Q4-2021Q4.
We resort to expanding window and Schlicht (2003, 2021)'s time-varying approaches to …

We analyze the fiscal sustainability hypothesis for a panel of 20 European Union countries
from 2000 to 2019. In particular, we employ new econometric methodologies that, to the best …

Purpose This paper aims to analyze the dynamics of the Spanish public debt–gross
domestic product ratio during the period 1850–2020. Design/methodology/approach This …

In this article, we present a new methodology to develop bootstrap estimates of a social
accounting matrix (SAM), by combining entropy minimization and Monte Carlo simulation …

We test sustainability of the Italian government deficit over the period 1861–2020 using the
fiscal theory of the price level (FTPL). This approach takes into account monetary and fiscal …

The conventional macroeconomic paradigm is that monetary policy provides the nominal
anchor for inflation expectations and that fiscal policy is disciplined in implementing credible …