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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2326

Title: Should we care for structural breaks when assessing fiscal sustainability?
Authors: Afonso, António
Rault, Christophe
Keywords: fiscal sustainability
panel cointegration
Issue Date: 2008
Publisher: ISEG - Departamento de economia
Citation: Afonso, António e Christophe Rault. 2008. "Should we care for structural breaks when assessing fiscal sustainability?". Instituto Superior de Economia e Gestão - DE Working papers nº 1-2008/DE/UECE
Series/Report no.: DE Working papers;nº 1-2008/DE/UECE
Abstract: We apply recent panel cointegration methods to a structural equation between government expenditure and revenue. Allowing for multiple endogenous breaks and after computing appropriate bootstrap critical values, we conclude for fiscal sustainability in the overall EU15 panel.
URI: http://hdl.handle.net/10400.5/2326
ISSN: 0874-4548
Publisher version: https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26503
Appears in Collections:UECE - Documentos de Trabalho / UECE - Working Papers
DE - Documentos de trabalho / Working Papers

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