We analyze the sustainability of fiscal policy in a panel framework for the G-7 countries in the
1980–2015 years. Panel unit root tests show that government expenditures, revenues, debt …

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 …

The aim of this paper is to study the sustainability of public finances in the Eurozone
particularly after the 2007 financial crisis. This paper goes beyond the standard analysis of …

This study examines fiscal sustainability using Indian state-level data from 1980-81 to 2017-
18. The results, derived from cointegration and dynamic ordinary least squares techniques …

In this paper, we provide a test of the sustainability of the Spanish government deficit over
the period 1850–2000, emphasizing the role played by monetary and fiscal dominance in …

We provide a test of the sustainability of the Spanish government deficit over the period
1850–2000, from the estimation of a cointegration relationship between government …

Fiscal sustainability remains a paramount challenge in the Euro Area (EA) countries after the
sharp rise in public debt-to-GDP ratios in the aftermath of the financial crisis of 2008. Using …

Purpose The purpose of this study is to examine the fiscal sustainability issue by dividing the
fiscal deficit into high and low regimes using the quarterly data from 1997: Q1 to 2013: Q3 …

In the relevant literature, policy convergence is broadly defined as the gradual process
through which countries acquire similar traits in terms of one or more policy characteristics …

We investigate the sustainability of fiscal policy in a set of 19 European Monetary Union
(EMU) countries over the period 1970–2016. Panel unit root tests in the presence of cross …